KSHB Cannabis & Hemp News

04/02/2020 - 9:08am
GTBIF, KSHB
Can These Ancillary Pot Stocks Keep Up With the Rest?
Often times when one thinks pot stocks , they think of the two or three pure-play companies that occupy the top of the market. While these marijuana stocks may be a solid choice, the alternative and ancillary companies are also very worth watching. These companies have a different exposure to the industry, and because of this, they can often hold less volatility than other cannabis stocks. As we see in trading right now, the coronavirus is hitting pot stocks quite hard. Although there have been several days in the past three weeks where we have seen major gains, the majority of that time period has been characterized by large losses. [Read More] 2 Marijuana Stocks To Watch: Is Investing Long Term The Best Option? What’s worth noting is that the large majority of this volatility, it is seen at the top tier of the industry in terms of market cap. This is not to say that the smaller guys are not volatile, just that the larger ones have more fluctuations in their pricing. So for more... (Cannabis, Facilities, Growing, Illinois, Investing, Investments, Investors, Marketing, Packaging, Production, Products, Regulations, Retail Stores, Stocks, United States, Vaporizers, Vaporizers)
04/01/2020 - 9:16am
KSHB
KushCo Holdings to Report Fiscal Second Quarter 2020 Financial Results on Wednesday, April 8, 2020
submitted by /u/j0dd [link] [comments] ()
03/30/2020 - 6:13am
KSHB
DEA sued over ‘secret’ cannabis law interpretation (Newsletter: March 30, 2020)
Missouri legal marijuana effort impeded by COVID; Fed Small Biz Assn touts hemp progress; Colorado cannabis deliveries begin Subscribe to receive Marijuana Moment’s newsletter in your inbox every weekday morning. It’s the best way to make sure you know which cannabis stories are shaping the day. (function() { window.mc4wp = window.mc4wp || { listeners: [], forms: { on: function(evt, cb) { window.mc4wp.listeners.push( { event : evt, callback: cb } ); } } } })(); Email address: Leave this field empty if you're human: Your support makes Marijuana Moment possible… This issue of Marijuana Moment, and our original reporting that is featured in it, are made possible by the generous support of 440 Patreon sponsors . Cannabis industry professionals receive valuable rewards for pledges of $25 and up. Check out the perks of being a sponsor on our Patreon page. https://www.patreon.com/marijuanamoment / TOP THINGS TO KNOW Scientists are suing the Drug Enforcement Administration over its alleged... (Biodiesel, California, Cannabis, CBD, Clothing, Colorado, Delaware, Florida, Grower, Growers, Hemp, Illinois, Law, Legalization, Massachusetts, Medical Marijuana, Missouri, Montana, New Jersey, New York, Ohio, Oklahoma, Oregon, Products, Recreational, Regulations, Research, Rhode Island, Science, South Carolina, South Dakota, Subsidiaries, Testing, Tracking, United States, Vermont, Washington, THC, Dispensaries, Financial Services, Cultivation)
03/27/2020 - 2:05pm
HRVSF, KSHB, TGODF
Cannabis Weekly Round-Up: Cannabis Essential, but Stocks Still Hurting
COVID-19 continued to impact the marijuana industry this week, with more companies reacting to the ongoing global spread of the virus. Many cannabis-focused firms have announced layoffs and other operational changes as a result of the coronavirus; on a larger scale, an increasing number of areas in the US and Canada are designating cannabis as essential, allowing stores to keep operating amid widespread shutdowns. Read on for a closer look at some of the biggest cannabis news over the last five days. Find out what experts say about profiting from the cannabis market in 2020! Read our FREE 2020 cannabis outlook report! Give me my free report! Essential status for cannabis spreads More states in the US designated cannabis businesses as essential this week, allowing stores to remain open in places that have put lockdown measures in place to fight the spread of COVID-19. A map from Marijuana Business Daily indicates that as of Thursday (March 26) morning, seven states under stay-at-home... (Acquisition, Alcohol, Canada, Cannabis, Consulting, Growing, Investing, Investment, Investments, Investors, Medical Marijuana, Organic, Packaging, Production, Recreational, Regulations, Stocks, Dispensaries)
03/26/2020 - 11:22pm
KSHB
KushCo Announces Cost-Cutting Measures to Achieve Positive EBITDA
KushC Unveiling Of New Strategic Plans To Achieve Positive EBITDA. KushCo Holdings, Inc. (OTCKMTS:KSHB) the premier producer of ancillary products and services to the legal cannabis and CBD industries, today announced the unveiling of its new strategic plan for achieving positive adjusted EBITDA, including recent changes to its leadership team and significant cost-cutting efforts to […] The post KushCo Announces Cost-Cutting Measures to Achieve Positive EBITDA appeared first on The Green Fund . (Cannabis, CBD, Products)
03/26/2020 - 8:03pm
KSHB
Marijuana packaging firm KushCo lays off 49, blames COVID-19
KushCo Holdings, a cannabis company specializing in ancillary products such as packaging, on Thursday said it laid off 49 employees this month as the California company’s CEO noted that “the COVID-19 pandemic creates ever-increasing uncertainty in the cannabis industry.” The layoffs will save the company about $4 million, according to a company news release. Since last […] Marijuana packaging firm KushCo lays off 49, blames COVID-19 is a post from: Marijuana Business Daily: Financial, Legal & Cannabusiness news for cannabis entrepreneurs (California, Cannabis, Packaging, Products, United States)
03/26/2020 - 6:38pm
KSHB
KushCo Holdings Announces New Strategic Plan, Leadership Changes and Significant Cost-Cutting Efforts to Accelerate Path to Positive Adjusted EBITDA
submitted by /u/j0dd [link] [comments] ()
03/26/2020 - 4:53pm
KSHB
KushCo Holdings Moves to Reduce Costs and Names Stephen Christoffersen as CFO
KushCo Holdings Announces New Strategic Plan, Leadership Changes and Significant Cost-Cutting Efforts to Accelerate Path to Positive Adjusted EBITDA New Strategic Plan Focuses on Aligning Deeper with the MSOs, LPs, and Leading Brands; Significantly Reducing and Right-Sizing the Company’s Cost Structure; and Achieving Positive Adjusted EBITDA Christopher Tedford to Step Down as Chief Financial Officer […] ()
03/25/2020 - 4:43am
KSHB
KushCo Holdings Inc (OTCMKTS:KSHB) Expects To Post Revenues Of $30 Million In Q2 2020
KushCo Holdings Inc (OTCMKTS:KSHB) expects to report revenues of $30 million in Q2 2020. It is a decline of 14.28% from the previous quarter because of sluggish demand for its vape hardware products. The slower than expected unveiling hemp trading business and a delay in introducing cannabis 2.0 products in Canada also contributed to the decline in sales in Q2. KushCo expects to post better results in H2 CEO, Chairman, and co-founder of KushCo, Nick Kovacevich, said some short term factors have negatively impacted the revenues. However, the company will post better than expected revenues in H2 because of strong fundamentals. KushCo team is putting considerable collection efforts and tightening the credit terms to the customers despite challenges in the Californian market. It is also moving away from the less financially stable and smaller customers. Encouraged by the progress in 2019 The businesses with larger LPs and MSOs surged to over 60% of the sales in 2019 from less than 20% in... (Canada, Cannabis, Growing, Hemp, Illinois, Massachusetts, Michigan, Products, Regulations, United States)
03/17/2020 - 6:04pm
KSHB
How COVID-19 Impacted KushCo Holdings
KushCo provides corporate updates on revenue results for its fiscal second quarter, the business and the recent outbreak of COVID-19 KushCo Holdings, Inc, the premier producer of ancillary products and services to the legal cannabis and CBD industries, today reported preliminary revenue results for its fiscal second quarter ended February 29, 2020. The Company also […] The post How COVID-19 Impacted KushCo Holdings appeared first on The Green Fund . (Cannabis, CBD, Products)
03/13/2020 - 9:07am
KSHB
KushCo Cuts Outlook, Tightens Customer’s Credit Terms
KushCo Holdings, Inc. (OTCQX:KSHB) rolled back its original revenue estimates due to supply chain interruptions from China and continued weakness in the California market. The cannabis package maker said that it now expects its second-quarter revenue to be closer to $30 million versus the original forecast of $35 million. The company is taking back its net revenue guidance for fiscal 2020 of $230 million to $250 million, which was originally issued on November 7, 2019. KushCo did not give a new number. Results are expected to be formally announced in April, but a specific date was not given. KushCo also said it was taking back its forecast that net revenue from its hemp trading business would exceed $25 million for fiscal 2020. KushCo said it has approximately $11 million in cash and a revolving line of credit with Monroe Capital that allows for borrowings up to $35 million. As of the fiscal second quarter ended, the company said it did not have any outstanding borrowings under the... (California, Canada, Cannabis, China, Hemp, Illinois, Massachusetts, Michigan, Production, Products, United States)
03/13/2020 - 8:56am
KSHB
KushCo Holdings Announces Preliminary Fiscal Second Quarter 2020 Revenue Results and Provides Corporate Updates
KushCo Holdings, Inc. reported preliminary revenue results for its fiscal second quarter ended... Read the full article " KushCo Holdings Announces Preliminary Fiscal Second Quarter 2020 Revenue Results and Provides Corporate Updates " on The Daily Marijuana Observer . (Cannabis)
03/13/2020 - 8:25am
KSHB
KushCo Holdings Expects Fiscal Q2 Revenue to Decline to $30 Million and Retracts Prior Outlook
KushCo Holdings Announces Preliminary Fiscal Second Quarter 2020 Revenue Results and Provides Corporate Updates CYPRESS, CA / ACCESSWIRE / March 13, 2020 / KushCo Holdings, Inc. (OTCQX:KSHB) (”KushCo” or the ”Company”), the premier producer of ancillary products and services to the legal cannabis and CBD industries, today reported preliminary revenue results for its fiscal second […] (Cannabis, CBD, Products)
03/10/2020 - 10:22pm
KSHB
Local News Support grows to legalize recreational marijuana in Missouri Ariel Rothfield 9:22 PM, Mar - KSHB
Local News Support grows to legalize recreational marijuana in Missouri Ariel Rothfield 9:22 PM, Mar KSHB (Cannabis, Missouri, Recreational, United States)
03/10/2020 - 10:22pm
KSHB
Support grows to legalize recreational marijuana in Missouri - KSHB
Support grows to legalize recreational marijuana in Missouri KSHB (Cannabis, Missouri, Recreational, United States)
03/09/2020 - 9:47am
IIPR, KSHB
2 Pot Stocks To Watch Before Friday The 13th
Ancillary pot stocks have continued to grab investor’s attention. This is especially true in the current state of the market. In the past few months, most stock traders have seen their portfolios decline. This is due to fears surrounding the coronavirus in addition to other factors that have been lingering in the cannabis industry . But, when there is a massive drop in value, it could also represent a time to get in when prices are low. Investors who trade marijuana stocks are quite used to volatility, which means that they know how to take advantage of rampant price swings. [Read More] Which Pot Stocks Are Turning a Profit? Are These Two Alternative Marijuana Stocks A Safe Bet? With that in mind, it’s safe to say that a lot of the pot stocks at the top may be worth avoiding for some time. These companies often are the most volatile simply due to their position in the overall industry. Because of this, many investors have decided to move money into ancillary pot stocks. These are in... (Cannabis, China, Investments, Investors, Packaging, Production, Products, Stocks, Vaporizers)
03/07/2020 - 3:00am
GTBIF, KSHB
Better Marijuana Stock: KushCo Holdings vs. Green Thumb Industries - Motley Fool
Better Marijuana Stock: KushCo Holdings vs. Green Thumb Industries Motley Fool (Cannabis)
03/06/2020 - 3:08pm
CGC, KSHB
The Cannabis User’s Guide to the Coronavirus: Do’s and Don’ts
The new year, in its three-month existence, has sent the cannabis industry through the wringer—to put it lightly. Cannabis producers like Canopy Growth (TSX:WEED) (NYSE:CGC) are closing down major facilities, putting hundreds out of work, while stocks like MedMen (CSE:MMEN) (OTCQX:MMNFF) have dropped on poor earnings performances, and commodities like Tilray (NASDAQ:TLRY) are doing similar in market anticipation. Then there’s the coronavirus. COVID-19 has resulted in cannabis companies’ worst nightmare: seeing a shortage of materials, as many, including KushCo Holdings (OTCQX:KSHB), get products from China. But the cannabis industry doesn’t just involve distributors, cultivators, ... Read The Full Article On PotStockNews.com Get the latest marijuana stock news, cannabis on stock news on PotStockNews All content provided by Pot Stock News is subject to our Terms Of Use and Disclaimer . (Cannabis, China, Facilities, Products, Stocks)
02/28/2020 - 1:01pm
KSHB
Lee's Summit doctor, representative wants to ban medical marijuana telemedicine - KSHB
Lee's Summit doctor, representative wants to ban medical marijuana telemedicine KSHB (Cannabis, Medical Marijuana)
02/28/2020 - 1:00pm
KSHB
Missouri bill calls for fingerprinting medical marijuana employees - KSHB
Missouri bill calls for fingerprinting medical marijuana employees KSHB (Cannabis, Medical Marijuana, Missouri, United States)
02/26/2020 - 8:49am
KSHB, NYSE:MO
Can Pot Stocks Benefit From The Coronavirus Virus?
Pot stocks are highly subject to market fluctuations caused by world events. Because of this, anytime a big news story breaks, it could have either a positive or negative effect on which marijuana stocks to buy . Currently, the outbreak of the Coronavirus in several new countries has resulted in world markets tumbling by significant amounts. While this may be only for the short term, it looks like there are some ways in which pot stock investors can benefit from this news. Although the Coronavirus has no real relation to cannabis stocks, its effect on the larger stock market is clearly felt amongst the marijuana industry. [Read More] Is Europe the Next Big Market for Pot Stocks? Pot Stocks Continue to Hedge Bets on Hemp But, when any event causes pot stocks to drop, it seems as though there are some investors sitting idly by, waiting to capitalize on the lower prices. In the past month, we have watched some of the largest pot stocks begin to regain small pieces of value. The gains we... (Cannabis, China, Development, Events, Hemp, Investments, Investors, Packaging, Production, Products, Stocks, Tobacco, Vaporizers, Vaporizers)
02/25/2020 - 11:45pm
KSHB
Municipal marijuana pardons will 'open' options for veterans - KSHB
Municipal marijuana pardons will 'open' options for veterans KSHB (Cannabis)
02/24/2020 - 11:38pm
KSHB
Missouri man sentenced for marijuana possession, intent to distribute could be released from prison - KSHB
Missouri man sentenced for marijuana possession, intent to distribute could be released from prison KSHB (Cannabis, Missouri, United States)
02/24/2020 - 11:38pm
KSHB
Missouri man sentenced for marijuana possession, intent to distribute could be released from prison - KSHB
Missouri man sentenced for marijuana possession, intent to distribute could be released from prison KSHB (Cannabis, Missouri, United States)
02/23/2020 - 2:48pm
KSHB
Better Cannabis Stock: Charlotte's Web vs. KushCo Holdings - The Motley Fool
Better Cannabis Stock: Charlotte's Web vs. KushCo Holdings The Motley Fool (Cannabis)
02/23/2020 - 11:02am
KSHB
Better Cannabis Stock: Charlotte's Web vs. KushCo Holdings - Nasdaq
Better Cannabis Stock: Charlotte's Web vs. KushCo Holdings Nasdaq (Cannabis)
02/23/2020 - 10:56am
KSHB
Better Cannabis Stock: Charlotte's Web vs. KushCo Holdings
The cannabis and CBD markets are booming in the United States. But you wouldn't know it by the performance of two of the top U.S cannabis stocks. (Cannabis, CBD, Stocks, United States)
02/21/2020 - 7:08am
KSHB
Felony charges dropped for Missouri medical marijuana card-holder - KSHB
Felony charges dropped for Missouri medical marijuana card-holder KSHB (Cannabis, Medical Marijuana, Missouri, United States)
02/18/2020 - 6:00am
AXIM, HEXO, OTC:HEMP, ACB, ACRGF, CBCA, TRTC, APHA, MJNA, CGC, CVSI, SLNG, ITHUF, KERN, KSHB, NEPT, SMG, STRRF
2020 Top 11 Most Effective Cannabis PR Firms
The cannabis industry is one of the most unique and restricted industries in general, but when it comes to advertising, marketing and public relations, it stands alone in its capabilities and the landscape in which to operate. The keys to any good marketing or PR campaign in cannabis, since advertising is still almost completely illegal to even engage, are creativity, understanding the laws, and relationships. If you have never worked in PR for the cannabis industry, and made the transition into it, you would know there is a learning curve that requires time. No matter how big, long standing or respected a firm may be, it will take 6-12 months to figure out how to navigate the cannabis terrain. Unfortunately, many brands and companies will go and hire the most expensive PR firm in the world, only to find out 3-6 months in, that they would have received 20 times more coverage if they would have gone with a firm that has a sole, or major, focus on cannabis for no less than a year... (Acquisition, Advertising, Beverage, Biotechnology, Brand Development, Branding, Brazil, California, Cannabis, Cannabis and Hemp, CBD, Colorado, Compliance, Consultants, Consulting, Consulting Services, Development, Distribution, Edibles, Education, Events, Extraction, Food, Growing, Hemp, Investment, Investors, Jordan, Legalization, Lighting, Management, Manufacturing, Marketing, Media, Medical Marijuana, Mexico, Michigan, New York, Packaging, Partnerships, Processing, Product Development, Production, Products, Research, Seed to Sale, Social Media, South Africa, Training, United States, Vertically Integrated, Washington, THC, Web Design, Extracts, Financial Services, Pharmaceuticals, Cultivation, Funding, Hedge Fund, Holding Company)
02/18/2020 - 6:00am
AXIM, HEXO, OTC:HEMP, ACB, ACRGF, CBCA, TRTC, APHA, MJNA, CGC, CVSI, EXL, SLNG, ITHUF, KERN, KSHB, NEPT, SMG, STRRF
2020 Top 12 Most Effective Cannabis PR Firms
The cannabis industry is one of the most unique and restricted industries in general, but when it comes to advertising, marketing and public relations, it stands alone in its capabilities and the landscape in which to operate. The keys to any good marketing or PR campaign in cannabis, since advertising is still almost completely illegal to even engage, are creativity, understanding the laws, and relationships. If you have never worked in PR for the cannabis industry, and made the transition into it, you would know there is a learning curve that requires time. No matter how big, long standing or respected a firm may be, it will take 6-12 months to figure out how to navigate the cannabis terrain. Unfortunately, many brands and companies will go and hire the most expensive PR firm in the world, only to find out 3-6 months in, that they would have received 20 times more coverage if they would have gone with a firm that has a sole, or major, focus on cannabis for no less than a year... (Acquisition, Advertising, Beverage, Biotechnology, Brand Development, Branding, Brazil, California, Cannabis, Cannabis and Hemp, CBD, Colorado, Compliance, Consultants, Consulting, Consulting Services, Development, Distribution, Edibles, Education, Events, Extraction, Florida, Food, Growing, Hemp, Investment, Investors, Jordan, Law, Legalization, Lighting, Management, Manufacturing, Marketing, Media, Medical Marijuana, Mexico, Michigan, New York, Packaging, Partnerships, Pennsylvania, Processing, Product Development, Production, Products, Research, Seed to Sale, Social Media, South Africa, Training, United States, Vertically Integrated, Washington, THC, Web Design, Extracts, Financial Services, Pharmaceuticals, Cultivation, Funding, Hedge Fund, Holding Company)
02/15/2020 - 7:30pm
KSHB
Medical marijuana class teaches locals how to operate dispensaries - KSHB
Medical marijuana class teaches locals how to operate dispensaries KSHB (Cannabis, Medical Marijuana, Dispensaries)
02/14/2020 - 3:49pm
IIPR, KSHB
Pot Stocks To Watch: Fighting For The Top Space in the Ancillary Market 
Ancillary pot stocks are a stronghold in the industry. These companies offer a wide variety of resources for investors. One of the main reasons that so many investors choose ancillary marijuana stocks is the volatility factor. If we look at the top companies in the cannabis industry, we see a high correlation between size and price swings. A large amount of these top pot stocks are hit hard by any news or other shifts in the market. While the pure-play pot stocks may be high in volatility, we see that the ancillary companies have less correlation to these rampant price swings. [Read More] Will These Pot Stocks Be the First to Hit $1 Billion in Sales? This is due to ancillary pot stocks being less directly impacted by factors such as legislation or changes in demand for cannabis. This is not to say that they aren’t affected, but it is undoubtedly less given the market they are in. Some of the ancillary markets to consider are areas such as money transport, REITs, grower supplies,... (Canada, Cannabis, Grower, Growing, Investment, Investments, Investors, Packaging, Stocks, Vaporizers, Vaporizers)
02/12/2020 - 8:03pm
KSHB
KCMO mayor to pardon municipal violations for marijuana possession - KSHB
KCMO mayor to pardon municipal violations for marijuana possession KSHB (Cannabis)
02/10/2020 - 3:24am
KSHB
KushCo Holdings Inc. (OTCMKST:KSHB) Announce Partnership With Xtraction Services Holding Corp (OTCMKTS:XSHLF) And Stock Sale
Kuschco Holdings Inc. (OTCMKST:KSHB) has announced that it has signed a definitive agreement with various investors to acquire and sell 10 million units. KushCo generate $16 million from the share sale Each unit will consist of one common share for $0.01 per share. The agreement also includes warrants to acquire half a common share at an offering price of $1.60 per unit according to the registered direct offering. The warrants will be exercised at $2 per share and will be exercisable immediately with they have an expiry of five years from the day of issuance. The company will realize gross proceeds from the offering of around $16 million before factoring the placement agent fees as well as other anticipated offering expenses. KushCo will use the net proceeds of the transaction as working capital and for other general corporate uses. The company expected the closing of the registered direct offering to occur on or by February 10, 2020. However, all this will be subject to the necessary... (Cannabis, Cannabis and Hemp, CBD, Consulting, Consulting Services, Distribution, Financing, Hemp, Investors, Products)
02/09/2020 - 5:48am
IIPR, KSHB
Better Marijuana Stock: KushCo Holdings vs. Innovative Industrial Properties - The Motley Fool
Better Marijuana Stock: KushCo Holdings vs. Innovative Industrial Properties The Motley Fool (Cannabis)
02/08/2020 - 7:51pm
KSHB
Medical marijuana job fair attracts hundreds - KSHB
Medical marijuana job fair attracts hundreds KSHB (Cannabis, Medical Marijuana)
02/08/2020 - 7:51pm
KSHB
Medical marijuana job fair attracts hundreds - KSHB
Medical marijuana job fair attracts hundreds KSHB (Cannabis, Medical Marijuana)
02/08/2020 - 7:51pm
KSHB
Medical marijuana job fair attracts hundreds - KSHB
Medical marijuana job fair attracts hundreds KSHB (Cannabis, Medical Marijuana)
02/08/2020 - 7:51pm
KSHB
Medical marijuana job fair attracts hundreds - KSHB
Medical marijuana job fair attracts hundreds KSHB (Cannabis, Medical Marijuana)
02/08/2020 - 12:10pm
IIPR, KSHB
Better Marijuana Stock: KushCo Holdings vs. Innovative Industrial Properties - Nasdaq
Better Marijuana Stock: KushCo Holdings vs. Innovative Industrial Properties Nasdaq (Cannabis)
02/08/2020 - 12:10pm
IIPR, KSHB
Better Marijuana Stock: KushCo Holdings vs. Innovative Industrial Properties - The Motley Fool
Better Marijuana Stock: KushCo Holdings vs. Innovative Industrial Properties The Motley Fool (Cannabis)
02/08/2020 - 12:03pm
IIPR, KSHB
Better Marijuana Stock: KushCo Holdings vs. Innovative Industrial Properties
KushCo Holdings (OTC:KSHB) and Innovative Industrial Properties (NYSE:IIPR) ranked as two of the best-performing marijuana stocks last month. (Cannabis, Stocks)
02/08/2020 - 5:04am
KSHB
Getting a job in the medical marijuana business - KSHB
Getting a job in the medical marijuana business KSHB (Cannabis, Medical Marijuana)
02/08/2020 - 5:04am
KSHB
Getting a job in the medical marijuana business - KSHB
Getting a job in the medical marijuana business KSHB (Cannabis, Medical Marijuana)
02/07/2020 - 8:28pm
KSHB
Xtraction Services Is Forging Major Partnerships To Drive Growth In 2020
Xtraction Services Is Forging Major Partnerships To Drive Growth In 2020 Although the cannabis sector has not yet lived up to the expectations that the market had for 2020, there have been a few bright spots in the sector. Due to the way the cannabis sector has expanded over the last few years, investors must be more selective than ever and target companies that have substantial long-term growth prospects and are actually executing on previously announced initiatives. Xtraction Services Holding Corp. (XS.CN) (XSHLF: OTCQB) is a company that meets this criteria and we are impressed with how the story has evolved so far this year. In late 2019, we met with Xtraction Services CEO David Kivitz and left the meeting feeling impressed with how he has been able to drive the business forward. We expect 2020 to be a period of incremental growth for Xtraction Services and this is an opportunity that we are closely following. At current levels, we find the valuation to be compelling, especially... (Acquisition, Beverage, California, Cannabis, Distributor, Extraction, Financing, Investors, Management, Manufacturing, Media, New Jersey, Partnerships, Processing, Production, Products, Stocks, United States, Washington, THC, Extracts)
02/06/2020 - 5:19pm
OTC:HEMP, PLNHF, ACB, KSHB
The Daily Hit: February 6th, 2020
It’s time for your Daily Hit of cannabis financial news for February 6th, 2020. On the Site Planet 13 Cafe Is Paying Off As Sales Stay Strong Las Vegas-based cannabis dispensary Planet 13 Holdings Inc. (CSE: PLTH) (OTCQX: PLNHF) reported record-breaking January sales driven by strong traffic and attributed it to the company’s newly opened cafe and event space. The company said that the average ticket size was approximately $100. Planet 13 said that January revenue was ~10% higher than the seasonally slow months of November and December. CBD Craze Sparks ‘Weed Washing’ Trend Remember the term ‘pinkwashing’? Where companies slapped a pink ribbon on just about anything and claimed to be donating lots of money to breast cancer research? It’s happening again, but this time it’s in the cannabis industry. “Weed washing” is a disturbing trend that appears to be most dominant in the beauty industry and refers to the act of adding hemp oil that does not contain CBD or only contains a minuscule... (Brand Development, Cannabis, CBD, Consumer Products, Development, Financing, Foods, Growing, Hemp, Hemp Farming, Investors, Jamaica, Processing, Products, Research, South Carolina, United States, Cultivation)
02/06/2020 - 9:09am
KSHB
KushCo Holdings Raises $16 million with Unit Sale at $1.60
KushCo Holdings, Inc. Prices $16 Million Registered Direct Offering CYPRESS, CA / ACCESSWIRE / February 6, 2020 / KushCo Holdings, Inc. (OTCQX:KSHB) (“KushCo” or the “Company”), today announced it has entered into definitive agreements with investors for the purchase and sale of 10,000,000 units, with each unit consisting of one share of common stock, par […] (Investors)
02/06/2020 - 9:03am
IIPR, KSHB
Are These Marijuana Stocks Attracting New Investors 
For anyone that watches pot stocks , recently we have seen, the market deliver some decent gains. While any gains are good gains, the positive momentum that we are seeing amongst certain marijuana stocks to watch is a great sign for the future of the cannabis industry. What is interesting about the most recent bout of gains happens to be the size of them. In the past, we have seen some major pot stocks grow in the double-digit percentage points in single trading days. [Read More] Marijuana Stocks to Watch for February It’s Time For The U.S. Pot Stock Take Over Currently, however, we are seeing more momentum throughout the sector. This is a great sign for pot stocks as it helps to illustrate that the market may be calming down from its infant period. As the industry moves forward, many investors are waiting for some sense of stability to begin to take over. This is characterized by the average gains that we have seen in combination with the way in which pot stocks are being traded... (Cannabis, Investments, Investors, Leases, Marketing, Packaging, Stocks)
02/06/2020 - 8:55am
KSHB
KushCo Holdings, Inc. Prices $16 Million Registered Direct Offering
submitted by /u/j0dd [link] [comments] ()
02/02/2020 - 6:32pm
KSHB
KushCo Partners With Xtraction Services
KushCo Holdings has entered into a strategic partnership with Xtraction Services in order to provide equipment financing for cannabis and CBD companies. KushCo Holdings, Inc. (OTCQX:KSHB), the premier producer of ancillary products and services to the legal cannabis and CBD industries, has partnered with Xtraction Services Holding Corp. (CSE:XS)(OTCQB:XSHLF), a rapidly growing specialty finance company […] The post KushCo Partners With Xtraction Services appeared first on The Green Fund . (Cannabis, CBD, Financing, Growing, Products)