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Press Releases

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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Kush Bottles to Present at the 2017 Canaccord Genuity Cannabis Conference on May 10th

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CEO Nick Kovacevich to give Company presentation at 1:25PM at The Intercontinental Barclay New York Santa Ana, California – May 2, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, today announced that its Chief Executive Officer, Nick Kovacevich, will present at the 2017 Canaccord Genuity Cannabis Conference on Wednesday, May 10th at 1:25PM Eastern at The Intercontinental Barclay in New York City. The Corporate Presentation will be Webcast at: http://wsw.com/webcast/canaccord27/kshb Nick Kovacevich, CEO of Kush Bottles, Inc. commented, “We are pleased to be invited to one of the premier cannabis investor conferences in the U.S. and encourage investors who cannot attend to view the webcast of our presentation online. We are committed to building our network in the financial industry as the cannabis sector gains credibility and generates institutional interest. ” For more information on Kush Bottles,…

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Kush Bottles Announces Strategic Partnership with High Times Magazine

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Partnership expected to drive sales and significantly increase brand recognition of Kush Bottles in the cannabis industry SANTA ANA, Calif. April 20, 2017 — Kush Bottles (OTCQB: KSHB), focused on packaging supplies, accessories and branding solutions for the regulated cannabis industry, today announced a partnership with HIGH TIMES to be the packaging partner for its series of U.S. High Times Cannabis Cup trade shows. Hosted in states that have legalized medical cannabis programs, the Cannabis Cup is the world’s leading cannabis trade show, celebrating the emerging legal cannabis industry through competitions, instructional seminars, expositions, celebrity appearances, concerts and product showcases. Kush Bottles will provide high-end, branded glass jars and bags for all Cannabis Cup entrants at every U.S Cannabis Cup trade show taking place during 2017. The Company will also have a booth at the SoCal Cannabis Cup event, taking place at the National Orange Show Event Center in San Bernardino…

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Kush Bottles Reports Second Quarter Fiscal 2017 Results

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Revenues increased 65% to $3 million; Gross Margins increased to 35.6% SANTA ANA, Calif. – April 12, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, reported financial results for its second fiscal quarter ended February 28, 2017. Second Quarter Fiscal 2017 Financial Summary Revenue was up 65% Year-over-Year to $3.0 million; Gross margins increased 240 basis points Year-over-Year to 35.6%; Net income, including $0.15 million in non-cash stock compensation, $43,000 in depreciation and $0.9 million in SG&A, was $3,619 compared to net income of $8,618 in 2Q 2016; Record cash balance of $2.8 million compared to $1.0 million at August 31, 2016; Working capital up significantly to a record $4.6 million compared to $2.03 million at August 31, 2016 Executive Commentary “We reported another quarter of record revenues, which were up 65% year-over-year and 20% sequentially,” commented Nick…

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Kush Bottles Announces Fiscal Second Quarter 2017 Earnings Date

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Santa Ana, California – April 5, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, announced today it will issue its second quarter 2017 earnings results press release for the quarter ended February 28, 2017 on April 12, 2017 before the market opens. The Company will not host a quarterly conference call. If you have questions regarding the Company’s results following the issuance of the quarterly earnings release, please email ir@kushbottles.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 ir@kushbottles.com with “Kush” in the subject line. About Kush Bottles Kush Bottles, Inc. (OTCQB: KSHB) provides packaging products and solutions to producers, processers and retailers operating in the regulated medical and recreational cannabis…

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Kush Bottles to Webcast, Live, at VirtualInvestorConferences.com April 6

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Santa Ana, California – March 30, 2017 — Kush Bottles (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, today announced that Nick Kovacevich, Chief Executive Officer, will present live at VirtualInvestorConferences.com on April 6, 2017. DATE: Thursday, April 6, 2017 TIME: 1:00 PM EDT LINK: https://tinyurl.com/0406prepr “As a leading provider of fully branded packaging solutions for cannabis dispensaries and producers, we are well-positioned to leverage the rapid growth in the cannabis industry,” commented Nick Kovacevich, Chief Executive Officer of Kush Bottles. “With legal cannabis sales expected to reach over $20 billion by 2020 in the U.S. alone, our solutions are addressing a large and growing need for FDA-compliant, child-resistant cannabis packaging. Please join our presentation at the Virtual Investor Conference to hear about our strategy to expand our client base, reach new geographies and build strategic partnerships with industry players.” This will be a…

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Kush Bottles Appoints Kevin Nguyen as Director of Supply Chain

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Santa Ana, California – March 28, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, announced today it has added to its senior management team by hiring Kevin Nguyen as Director of Supply Chain, effective March 22, 2017. In his role, Kevin will lead the Supply Chain & Logistics team, which manages the buying and delivery processes, quality control systems, inventory supply targets, and product forecasting. Mr. Nguyen has an extensive track record, including 14 years in forecasting, purchasing, and supply chain management at large international corporations. Prior to joining Kush Bottles, he managed a team of ten at Incipio Technologies as its Global Demand Planning Manager. At Incipio, he was responsible for their entire supply chain, including purchasing and demand planning. Prior to working at Incipio, he served as Supply Planning Manager at Belkin International where he…

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Kush Bottles to Move Headquarters, Quadruple California Operating Space to Accommodate Continued Growth

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New facility will allow cannabis packaging company to provide a wider array of products, better service, and quicker delivery times to Los Angeles and most key areas of the state Santa Ana, California – March 23, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, announced that on July 1, 2017, it will move its corporate headquarters and California fulfillment center to a larger, more centrally located facility in Garden Grove, CA. The new building features greater warehouse space to allow for increased inventory, as well as additional floor space to support new services for the company’s growing customer base. A recent report from the World Bank stated that California just surpassed the nation of France to become the world’s sixth largest economy, only outpaced by the US (as a whole), China, Japan, Germany, and the UK. According…

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Kush Bottles Adds Distribution Partners in Hawaii & Puerto Rico

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Company Plans to Expand Customer Base Domestically and Internationally in New Medical Cannabis Markets Santa Ana, California – March 1, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, has added two new distribution partners in Hawaii and Puerto Rico, two key medical cannabis markets. The move will significantly enhance the company’s ability to attract and service new customers in these emerging markets. The company’s Hawaii distribution partner will service the island’s dispensaries that provide products to registered patients. Hawaii’s reciprocity program will also allow sales to patients with valid medical marijuana cards who are visiting from other states.  According to the Hawaii Department of Business, Economic Development and Tourism, Hawaii had approximately 9 million tourists visit in 2016. The company’s Puerto Rico distribution partner will service what could potentially be a large cannabis market due in part…

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