#KushcoHoldings

[grizzlemedia-blog]

KushCo Holdings Files To List On NASDAQ

With cannabis usage legalized nationwide in Canada and an 11th state enacting recreational legalization in the US, companies across the licensed North American industry are seeking greater recognition on the stock market.  Today ancillary cannabis product producer KushCo Holdings, Inc. (OTCQX: KSHB) officially filed to move from the OTC Markets over to NASDAQ.  While awaiting a decision on that filing and navigating through the regulatory approval process, KushCo will still trade on the OTCQX.  Trading on higher end markets has been a major milestone for both Canadian and US cannabis entities in the last year as they look for new fundraising opportunities and greater market share.  New Brunswich-based medical cannabis company Organigram Holdings Inc. (TSX-V: OGI; OTCQX: OGRMF) was approved to list on NASDAQ back in May, while Aphria (TSX: APH) listed on the NYSE in November of 2018.  Discussing the planned move up from the OTC Markets, KushCo CEO Nick Kovacevich had this to say:   Rather than selling dried flower or vape oils directly to consumers, KushCo primarily focuses on providing services and peripheral products to other cannabis companies.  Aside from developing and selling a variety of vaporizers and solvents, KushCo also just entered the CBD industry by teaming up with marketing company C.A. Fortune.  While mom and pop CBD stores are opening across the nation, hemp-based products are also increasingly found in more traditional retail locations such as pharmacy chains or quick stop convenience stores.  Under the terms of that new partnership with C.A. Fortune, the two organizations will assist client companies in producing CBD products at scale and releasing them through a wide range of retail outlets in the United States.   In other recent KushCo news, the company opened a major Midwest distribution facility last month in Taylor, Michigan. That 40,000 sq. ft. facility will be used to house, package, and distribute products in several states, in addition to including new office space and a show room / sampling area.   Read the full article

[capital10x]

KushCo Holdings Files to List on NASDAQ

Ancillary cannabis product producer KushCo Holdings, Inc. (OTCQX: KSHB) filed to move from the OTC Markets over to NASDAQ.  #marijuanastocks #potstocks $KSHB Read the full article

[honeyflowercollective]

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[grizzlemedia-blog]

KushCo Holdings Announces New Senior Management Members

After serving as the company’s interim Chief Operating Officer since February, today KushCo Holdings, Inc. (OTCQX: KSHB) announced that Rodrigo De Oliveira has been officially appointed to the role on a full time basis.  De Oliveira, a Six Sigma black belt with nearly two decades of experience revolving around supply chain operations on a global scale, originally joined the KushCo team back in April of last year. Discussing the shift from interim to permanent COO, KushCo’s Chief Executive Officer Nick Kovacevich commented:  Aside from De Oliveira’s title shift, KushCo today revealed two other additions to the senior leadership team.  The position of Vice President of Operations is now filled by Fabian Chavez, while Calvin Coy moves into the office of Vice President of Strategic Procurement.  Chavez comes to the VP of Operations position after having previously worked for Gateway Computers, Nike, and UPS, bringing experience in strategic planning of operations with a goal to improve the company’s processes for gains in performance and profitability.   On the Strategic Procurement side, the company’s new VP brings experience working with Oakley, Under Armour, and Stance. In his new role, Coy’s responsibilities will include improving the company's supply chain to aid in product customization.   These new members of the KushCo upper management team arrive just two weeks after the company upgraded from trading on the OTCQB Venture Market to the more prestigious OTCQX Market. The move comes after previously trading on the OTCQB for two years and was brought about by a sponsorship from Northland Securities, Inc.  In other company news, KushCo recently went through a round of fundraising, securing a $21 million private placement back in April that was brokered through Canaccord Genuity LLC.  That same month, the company also struck a deal with SunGrown Packaging, LLC to offer child resistant cannabis packaging that is also biodegradable as the industry battles complaints of excessive packaging in both the US and Canada.   Read the full article

[grizzlemedia-blog]

KushCo Holdings Raising $21 Million Through Private Placement

Business-to-business focused cannabis company KushCo Holdings, Inc. (OTCQB: KSHB) today announced a major fundraising effort with a private placement brokered by Canaccord Genuity LLC.  KushCo just signed a definitive agreement with an investor for a senior unsecured note worth $21,300,000. That note is due to mature on October 30, 2020 unless redeemed at an earlier date and includes an original issue discount with no additional interest.  CEO Nick Kovacevich stated that proceeds from the placement will be utilized for general corporate purposes, and also made this comment about the deal:  While dealing primarily with cannabis and CBD entities, the company itself doesn’t currently handle or sell marijuana or hemp products but instead provides products to other companies.  KushCo operates through a variety of subsidiaries, such as Kush Supply Co. to provide vaporizers, product packaging, and cannabis accessories to retailers. Kushco Holdings is additionally the parent company to Kush Energy, which produces hydrocarbons for the legalized cannabis industry, as well as research and development brand Koleto Innovations.    Finding new ways to improve the customer experience has become a crucial element to the legalized cannabis industry in both the US and Canada as licensed producers struggle to overcome an entrenched black market.  Earlier this month, KushCo made a move towards tackling the problem of excessive product waste required by legalized regulations by teaming up with SunGrown Packaging, LLC to produce biodegradable packaging for cannabis retailers.  The new packaging type currently under development through that partnership maintains child tampering requirements to stay out of the hands of minors, while still meeting ASTM International protocols for biodegradability.   Late last year, the company also announced a partnership with JSP Portinox to provide gases and solvents to the wider cannabis industry for extracting oils. A recent run down of KushCo Holdings' early year financial info can be found at this location.  Read the full article

[grizzlemedia-blog]

KushCo Holdings Starting 2019 on a Sales High

KushCo Holdings provides branding and packaging for marijuana products, and the continued increase in states that have legalized recreational use means that revenue for KushCo is on the rise, and it is increasing in large increments. #marijuana #cannabis Read the full article

[grizzlemedia-blog]

KushCo Scaling Back Headcount Growth, Recruits New Chief People Officer

Looking to trim costs while recruiting more impactful talent, KushCo Holdings Inc. (OTCQX: KSHB) just hired a new overall HR manager. #marijuanastocks #potstocks $KSHB Read the full article

[grizzlemedia-blog]

KushCo Reports Record Revenue, Higher Losses for Fiscal 2019

KushCo Holdings (OTCQX: KSHB) cited a recent health scare crisis for soft vape numbers, but expects to significantly increase revenue over the coming year. #marijuanastocks #potstocks $KSHB Read the full article

[grizzlemedia-blog]

KushCo to Discuss Merger Integration Practices at MJBizCon

Chief Revenue Officer Jason Vegotsky from KushCo Holdings Inc (OTCQX: KSHB) will speak at the Toronto conference this coming Friday. #marijuanastocks #cannabis $KSHB Read the full article

[grizzlemedia-blog]

KushCo Holdings Files to List on NASDAQ

Ancillary cannabis product producer KushCo Holdings, Inc. (OTCQX: KSHB) filed to move from the OTC Markets over to NASDAQ.  #marijuanastocks #potstocks $KSHB Read the full article

[grizzlemedia-blog]

KushCo Partners With C.A. Fortune To Help CBD Companies Enter Retail At Scale

C.A. Fortune and KushCo Holdings Inc. (OTCQX: KSHB) are now offering value-added services to CBD companies looking to break into the industry. #marijuanastocks #potstocks $KSHB Read the full article

[capital10x]

KushCo Partners With C.A. Fortune To Help CBD Companies Enter Retail At Scale

C.A. Fortune and KushCo Holdings Inc. (OTCQX: KSHB) are now offering value-added services to CBD companies looking to break into the industry. #marijuanastocks #potstocks $KSHB Read the full article

[grizzlemedia-blog]

KushCo Launches Distribution Facility For Midwest Operations

Expanding in the Midwest, KushCo Holdings, Inc. (OTCQX: KSHB) just opened a new 40,000 sq. ft. distribution facility in Michigan. #marijuanastocks #potstocks Read the full article

[capital10x]

KushCo Holdings Announces New Senior Management Members

KushCo Holdings, Inc. (OTCQX: KSHB) has now officially filled the roles of Chief Operating Officer, VP of Operations, and VP of Strategic Procurement. #marijuanastocks #potstocks Read the full article

[grizzlemedia-blog]

KushCo Holdings Announces New Senior Management Members

KushCo Holdings, Inc. (OTCQX: KSHB) has now officially filled the roles of Chief Operating Officer, VP of Operations, and VP of Strategic Procurement. #marijuanastocks #potstocks Read the full article

[capital10x]

KushCo Holdings Raising $21 Million Through Private Placement

KushCo Holdings, Inc. (OTCQB: KSHB) is raising $21 million for general corporate purposes through a senior unsecured note today. #marijuanastocks #potstocks $KSHB Read the full article