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Press Releases

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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Kush Bottles Ramps Up In The Exploding Nevada Marijuana Market

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“The cannabis industry is set to take another big step forward.” Santa Ana, California – July 5, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a dynamic sales and distribution platform that provides unique products and services to both businesses and consumers in the regulated cannabis industry, has hired a new sales and support team, led by Carmen Lam, to handle the rapidly growing legal cannabis market in Nevada. According to ABC News, recreational marijuana sales have exceeded expectations, with long lines outside dispensaries since Saturday, when Nevada became the fifth state with shops selling cannabis to the public. The demand for cannabis in Las Vegas has been compared to the arrival of a new iPhone, with customers waiting for hours and purchasing with enthusiasm, according to USAToday. Kush Bottles’ customers in the area confirm that they are selling at rapid pace. The market in the Silver State is expected to outpace…

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Kush Bottles Discloses Audited Financial Results for CMP Wellness

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Prior to the May 1st acquisition by Kush Bottles, CMP Wellness generated revenues of $4.5 million for the six month period ended February 28, 2017 Santa Ana, California – July 6, 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, reported historical financial results for its wholly-owned subsidiary CMP Wellness (“CMP”), a distributor of vaporizers, cartridges and accessories acquired by Kush Bottles on May 1, 2017, in an 8-K filed with the Securities and Exchange Commission today, July 6, 2017. The results include unaudited financial results for the interim periods ended February 28, 2017 and February 29, 2016, as well as audited results for the full fiscal years ended August 31, 2016 and August 31, 2015. Also included in the report are pro forma financials that show the combined performance of Kush Bottles…

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Kush Bottles Announces Fiscal Third Quarter 2017 Earnings Date

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Santa Ana, California – June 28, 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, announced today it will report its financial results for its third quarter ended May 31, 2017 through a press release before the market opens on July 13, 2017. If you have questions regarding the Company’s results following the issuance of the quarterly earnings release, please email KUSH@kcsa.com and your questions will be answered in a timely manner. For more information on Kush Bottles, Inc., call: 888-920-5874, or visit: www.kushbottles.com. To be added to the Kush Bottles email distribution list, please email KUSH@kcsa.com with “Kush” in the subject line. About Kush Bottles, Inc. Kush Bottles, Inc. is a dynamic sales platform that provides unique products and services for both businesses and consumers in the cannabis industry. Founded in 2010…

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Kush Bottles Opens Product Development and Genomics Lab to Ramp Up Terpene Formulation and Scientific Innovation

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Company hires biotech leader to head development of terpenes for use in commercial and medicinal markets Santa Ana, California – June 21, 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, announced today the opening of a new Product Development and Genomics Lab to produce innovative terpene formulations. The lab will be located in San Diego, California, an internationally renowned biotech hub. The company has appointed Wayne Green as Director of Science & Innovation. In this role, Green will oversee development of terpene-based products, as well as direct TerpsOnTerps.com, Kush Bottles’ terpene knowledge base and online marketplace. According to a market study released by Technavio, the global aroma chemicals market is expected to reach $4.968 billion by 2021.Terpenes hold the largest share of this global sector, accounting for 36.8% of the market. Terpenes are…

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Kush Bottles Granted Patent for Feature on Top-Selling Child Resistant Packaging Product

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Santa Ana, California – June 13, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, announced today the U.S. Patent Office has approved a patent for a unique customizable mechanism on one of its best-selling child resistant packaging products. The patent for invention number US20160167844 covers the configuration of the Company’s child-resistant tube, which enables characters and three-dimensional branded icons to be attached to the container lids. This unique feature gives the product a competitive edge, as customers can further brand their packaging in a way that stands out from the crowd. Mr. Nicholas Kovacevich, Chief Executive Officer of Kush Bottles, commented, “As in any consumer product sector, brand marketing is a core means for our clients in the cannabis industry to differentiate themselves from their competition. Our packaging solutions are tailored to allow our clients to maintain…

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Kush Bottles CEO Selected as Panelist at Upcoming Industry Conferences in New York City

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Santa Ana, California – June 8, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, announced today its Chief Executive Officer, Mr. Nicholas Kovacevich, has been chosen to be a panelist at two upcoming conferences. Mr. Kovacevich will speak at the Cannabis World Congress & Business Expo and at the 6th Annual Marcum Microcap Conference, both of which will be held on Thursday, June 15, 2017 in New York City. At the 2017 Marcum Microcap Conference, Mr. Kovacevich will participate on the panel ‘Up in Smoke? How to Invest in the Cannabis Industry’ at 2:00 p.m. Eastern Time on Thursday, June 15, 2017. The panelists will discuss the opportunities, the financial and legal hurdles, and the outlook for the cannabis industry under the new administration. In addition, Mr. Kovacevich will deliver a presentation about Kush Bottles at 3:30…

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Kush Bottles Acquires Roll-uh-Bowl.com Domain Further Expanding B2C Online Distribution Platform

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Santa Ana, California – May 9, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, today announced it has acquired the web domain Roll-uh-Bowl.com, an online distribution platform for retail sales of collapsible and unbreakable medical-grade silicone water pipes. Roll-uh-Bowl.com sees an average of 39,500 web users per month. On May 3, 2017, Kush Bottles completed the acquisition of the platform, along with a small amount of inventory.  The financial terms of the transaction have not been disclosed. “The addition of Roll-uh-Bowl.com to Kush Bottles’ online distribution platform was a seamless transaction that further expands our presence to online retail consumers and brings added cross-selling opportunities for our brand,” commented Nicholas Kovacevich, Chief Executive Officer of Kush Bottles. “We will continue to drive shareholder value as we build market share by focusing and executing on our growth strategy…

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Kush Bottles Acquires CMP Wellness, a Premier Distributor of Vaporizers, Cartridges and Accessories

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New acquisition expands Kush Bottles’ product portfolio and provides significant cross-selling opportunities Santa Ana, California – May 4, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, today announced it has acquired CMP Wellness, LLC (or “CMP”), a privately held distributor of vaporizers, cartridges and accessories based in Los Angeles, California. CMP Wellness has been in the business of selling standard and customized vaporizer products since 2013. On May 1, 2017, Kush Bottles completed the acquisition of CMP for $1.5 million in cash and 7.8 million shares of stock. As part of the agreement, CMP’s leadership team will have additional earn-out opportunities for achieving specified growth milestones.[1] CMP generated unaudited GAAP revenues of approximately $0.8 million and $3.1 million, respectively, for the twelve month periods ended August 31, 2015 and August 31, 2016. CMP generated unaudited GAAP revenues…

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