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Kush Bottles

Kush Bottles to be Featured in Investor-Focused Webinar Hosted by New Cannabis Ventures

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Company CEO will discuss company’s growth and opportunities SANTA ANA, Calif. – July 18, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a dynamic sales platform that provides unique products and services for both businesses and consumers in the cannabis industry, will be featured in an investor-focused webinar, hosted by New Cannabis Ventures. The webinar will be held on July 19, 2017 at 1pm Eastern. Nicholas Kovacevich, Co-Founder and CEO of Kush Bottles, will discuss the company’s recent performance and will answer questions from attendees. New Cannabis Ventures, a leading cannabis industry investment publication, has been instrumental in promoting higher standards and transparency within the sector. New Cannabis Ventures wrote that Kush Bottles “recently completed a transformational acquisition and is a leading revenue generator in the publicly-traded cannabis sector.” The publication also stated, “One of the themes we have been discussing this year is revenue, something that was largely absent from the…

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Kush Bottles Reports Third Quarter Fiscal 2017 Results

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Revenues Increased 103% Year-over-Year to $4.7 million SANTA ANA, Calif. – July 13, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a dynamic sales platform that provides unique products and services for both businesses and consumers in the cannabis industry, today reported financial results for its third fiscal quarter ended May 31, 2017. Third Quarter Fiscal 2017 Financial Summary Revenue was up 103% Year-over-Year to $4.7 million; revenues included one month of sales from CMP Wellness which was acquired on May 1, 2017 Gross margins were 33%, compared with 32% in the prior year period Net income, including $0.26 million in non-cash stock compensation, $29,000 in depreciation and $1.3 million in SG&A, was $6,119 compared to net income of $23,284 in Q3 2016; the increase in operating expenses stems from costs associated with the acquisition of CMP Wellness, as well as higher operational costs to support an expanded outside sales program Working…

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