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Press Releases

Kush Bottles Appoints Jim McCormick as Chief Financial Officer

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SANTA ANA, Calif. – August 3, 2017 –SANTA ANA, Calif., August 3, 2017 — Kush Bottles (OTCQB: KSHB), Kush Bottles, Inc. (OTCQB: KSHB), a leading provider of of packaging, supplies, vaporizers, accessories, branding solutions and terpenes for the regulated cannabis industry, announced today it has appointed industry veteran, Mr. Jim McCormick, as Chief Financial Officer (“CFO”), effective August 1, 2017. Mr. Chris Martin, Kush Bottles’ previous CFO, will consult for the Company for approximately three months to ensure a smooth transition period. Mr. McCormick has extensive CFO experience and has demonstrated financial and strategic leadership in his previous roles in the cannabis and tobacco industries. In his role as Chief Financial Officer, Jim McCormick will lead Kush Bottles’ financial operations. He will also be responsible for managing liquidity, balance sheet risk, and capital market transactions to ensure Kush Bottles remains well positioned to capitalize on growth opportunities. He will report directly to Nick Kovacevich, co-founder…

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Kush Bottles Develops Packaging for “The Keurig of Cannabis”

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New product category has potential to significantly change buying patterns SANTA ANA, Calif. – August 1, 2017 –Kush Bottles, Inc. (OTCQB: KSHB), a leading provider of packaging, supplies, vaporizers, accessories, branding solutions and terpenes for the regulated cannabis industry, announced today it reached an agreement with CannaKorp™ to develop customized packaging for the CannaCloud™, the world’s first single-use, pod-based vaporizing system. Lead by several former Keurig executives, CannaKorp’s system has been dubbed “The Keurig for Cannabis” and represents an entirely new product category that includes cannabis and other natural herbs. Kush Bottles designed a specialized, FDA-compliant package, called the “cPod Tower,” which bundles the CannaCloud Pods. This package is custom branded, child resistant, and built to comply with requirements in every state. It is made in the U.S.A. and designed to be produced at scale to accommodate CannaKorp’s anticipated growth. Nicholas Kovacevich, Chief Executive Officer of Kush Bottles, commented, “CannaKorp is…

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Kush Bottles to Webcast, Live, at VirtualInvestorConferences.com August 3

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Company invites individual and institutional investors as well as advisors to attend interactive real-time virtual VirtualInvestorConferences.com SANTA ANA, Calif., July 31, 2017 – Kush Bottles (OTCQB: KSHB), a dynamic sales platform that provides unique products and services for both businesses and consumers in the cannabis industry, today announced that Nick Kovacevich, CEO will present live at VirtualInvestorConferences.com on August 3, 2017. DATE: Thursday, August 3, 2017 TIME: 12:00 PM ET LINK: https://tinyurl.com/0803prepr This will be a live, interactive online event where investors are invited to ask the company questions in real-time – both in the presentation hall as well as the association’s “virtual trade booth.” If attendees are not able to join the event live on the day of the conference, an on-demand archive will be available for 90 days. It is recommended that investors pre-register and run the online system check to save time and receive event updates. Learn more about the event…

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Kush Bottles to Present at Canaccord Genuity’s 37th Annual Growth Conference

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SANTA ANA, Calif. – July 27, 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 that its Chief Executive Officer, Nick Kovacevich, will present at Canaccord Genuity’s 37th Annual Growth Conference on Wednesday, August 9th at 4:00 PM Eastern Time at the Intercontinental Boston Hotel.  Nick will be speaking about the cannabis industry and the opportunities it presents, as well as Kush Bottles and its recently announced growth and strategic acquisitions. About the Canaccord Genuity Annual Growth Conference For the 37th year, Canaccord Genuity will be bringing together some of the world’s most innovative companies and institutional investors at its Growth Conference. For two highly productive days, leaders in the growth universe will come together to share knowledge, discuss emerging trends, build relationships, identify opportunities and ignite global ideas for growth. About Kush…

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Kush Bottles Announces Expansion into Alaska

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Company signs exclusive distribution agreement with JKD Brands SANTA ANA, Calif. – July 25, 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 has entered into an exclusive distribution agreement with JKD Brands to effectively penetrate the Alaska market.  JKD Brands, an established distribution leader in the state of Alaska, will now be providing the cannabis market with Kush Bottles’ premier products including child-resistant containers and bags, as well as all other packaging, labeling, and accessory options. Alaska was the fourth state to commence legal adult-use cannabis sales.  Ranked by CNBC as one of the top 10 most visited states in the U.S., Alaska has seen a surge of tourism recently, including an estimated 1.9 million out-of-state visitors coming to the state between May and September in 2016 – the highest visitor…

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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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