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These Small Cap Stocks Deserve Some Extra Attention Today, Here’s Why!

NEW YORK, NY / ACCESSWIRE / June 9, 2016 / The markets have been benefiting from a strong uptrend in recent trading and the following companies have demonstrated strong growth and momentum throughout.

Bridgeline Digital, Inc. (BLIN) provides the iAPPS Web engagement management product platform in the United States and recently announced a major platform change. According to the premarket release on Wednesday, BLIN customers now have access to the company’s new iAPPS Pro product line, a Web Experience Management System catering to the mid-market and nimble enterprise companies. [1] The solution which is SaaS-based, offers fully integrated marketing automation, web content management and eCommerce capabilities. At the close of trading Wednesday BLIN was up 47%.

After announcing a merger with Zone Technologies, Inc. on June 6th, provider of integrated Big Data technology Helios and Matheson Analytics Inc. (HMNY) has seen its shares rise significantly. [2] On the day of the big announcement shares in HMNY rallied to a day high of 10.00 before pulling back to close at 7.22. Since then the stock has been on an upward path, reaching a high of 15.56 on June 7th. In Wednesday trading HMNY opened at 14.07 and rallied as high as 17.00 before pulling back to 13.75 to end the session.

There is also a strong investment catalyst behind cannabis at the moment and one of the company’s making its presence felt is Blue Line Protection Group, Inc. (BLPG).

BLPG is focused on providing financial compliance services to banks and credit unions serving the legal cannabis industry. In addition to this main focus, BLPG also provides protection, compliance, transportation, licensing and vaulting services.

Recently BLPG moved into a new 12,000-square-foot headquarters that is strategically located near downtown Denver, Colorado. The location offers easy and logistical access to primary transportation routes and gives the company a strong competitive advantage in the growing cannabis sector.

BLPG has heavily consolidated its operations and now has the flexibility and agility to deploy its services across the entire cannabis industry. With the new facility BLPG is now positioned to offer turnkey protection, transportation, cash processing and vaulting solutions.

>> This Undiscovered Cannabis Stock Could Be Poised For A Move Higher <<

2016 has seen several important developments emerge surrounding BLPG. These developments speak to the growth potential of the company as well as confidence in the company’s business model and overall strategic ambitions.

One example of this confidence was the capital investment of $500,000 by Hypur Ventures, L.P. BLPG confirmed that an additional $500,000 may be invested at the discretion of Hypur Ventures. [3]

BLPG is now pressing ahead with its financial compliance focus and is now certified as an integrated software vendor (ISV) of Hypur, Inc. [4]

Hypur provides software product solutions to financial institutions that enable them to meet the enhanced requirements of banking cash-intensive businesses.

Hypur’s technology solutions are a very good fit for BLPG’s growth ambitions and include compliance tools for financial institutions and a secure mobile transaction platform for merchants and consumers.

As BLPG CEO Daniel Allen said at the time of the release, “We’re pleased to become a part of Hypur’s compliance and transaction network. Together, we’re building the foundation to enable cash-intensive businesses to have access to the transparent and legitimate banking services they need, and our integration with Hypur will help us tap into new revenue channels nationwide.”

If the capital investment and licensing news wasn’t good enough BLPG made another major announcement towards the end of May, this time surrounding the expansion of its Licensing Services Division. This was major news and highlighted the full scope of BLPG’s service expansion in the cannabis industry.

According to the May 26 release from BLPG, “the Licensing Services Division provides research, design and consulting assistance to investors and businesses applying for cannabis licenses in states where medicinal or recreational marijuana programs are moving toward legalization.” [5]

>> This Unique Opportunity Could Give Investors Access To The Upside Of The Cannabis Industry <<

Growth in the cannabis industry is expected to increase in the coming year so the strategic foundations being laid by BLPG right now are very good from an investment perspective.
The biggest expansion is occurring in the medical marijuana sector where 24 states now allow the sale of cannabis for medical purposes and include markets. These markets include the lucrative New York as well as Montana, Maryland and Vermont. Pennsylvania made headlines in April when it became the 24th state to legalize cannabis for medical purposes in April 2016. [6]

On the recreational side, four states (Colorado, Washington, Oregon, Alaska and Washington, D.C.) have passed laws legalizing the sale of cannabis and the biggest chunk of sales is coming from this sector. Recreational users spent $998M on cannabis in 2015, up from the $351M spent in 2014 and representing an overall increase year on year of more than 184%. [7]

Demand among users (both recreational and medical) isn’t expected to slow anytime soon because as recent polls show, more than 56% of Americans believe the use of marijuana should be legal and lawmakers are now starting to wake up that wholesale reality. [8]

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[1] http://finance.yahoo.com/news/bridgeline-digital-sets-eyes-mid-120000695.html
[2] http://finance.yahoo.com/news/helios-matheson-analytics-inc-zone-151800679.html
[3] http://finance.yahoo.com/news/blue-line-protection-group-secures-115726340.html
[4] http://finance.yahoo.com/news/blue-line-protection-group-extends-120000613.html
[5] http://finance.yahoo.com/news/blue-line-protection-group-expands-122140196.html
[6] http://www.ncsl.org/research/health/state-medical-marijuana-laws.aspx
[7] http://www.cnbc.com/2016/02/01/legal-us-pot-sales-soar-in-2015.html
[8] http://www.cbsnews.com/news/marijuana-use-and-support-for-legal-marijuana-continue-to-climb/

SOURCE: InvestmentResearchReport.com

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