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Kush Bottles Reports First Quarter Fiscal 2017 Results

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SANTA ANA, Calif. – January 11, 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 first fiscal quarter ended November 30, 2016. First Quarter Fiscal 2017 Financial Highlights vs. First Quarter Fiscal 2016 Revenue up 44% to $2.47 million Gross margin up 50 basis points to 33.8% Net loss, including $0.12 million in non-cash stock compensation, $30,000 in depreciation and $24,000 for a non-recurring expense, was $(0.16) million compared to net income of $5,000 Record cash balance of $2.0 million compared to $0.30 million Working capital up significantly to a record $3.38 million compared to $0.26 million Executive Commentary “Our first fiscal quarter began on a strong note, with record revenue and the strongest cash and working capital positions in our company’s history,” said Nick Kovacevich, co-founder and CEO of Kush Bottles. “This…

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Kush Bottles to Participate in Cowen’s Cannabis Colloquium in New York on January 12, 2017

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SANTA ANA, Calif. – January 5, 2017 – Kush Bottles, Inc. (OTCQB: KSHB), a leading provider of packaging supplies, accessories and branding solutions for the regulated cannabis industry, has been invited to participate in Cowen’s Cannabis Colloquium which is being held in New York City on January 12, 2017. Vivien Azer, Cowen’s lead beverage, tobacco & cannabis analyst, is hosting this one-day summit to further explore the growing cannabis markets. The event will offer an industry overview, the exploration of regulatory issues and insights into the operations of grows, concentrate manufacturing, dispensaries and accessory shops. Kush Bottles Co-Founder and CEO Nick Kovacevich will be speaking on a panel, along with leaders of other notable companies in the cannabis space, to provide expert industry insight and analysis, including packaging trends and regulations that affect this large sector of the legal cannabis industry. For additional information on the event, please contact your…

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Kush Bottles Appoints Eric Baum to Board of Directors

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SANTA ANA, Calif. – December 8, 2016 – Kush Bottles, Inc. (OTCQB: KSHB), a leading provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, has appointed Eric Baum to its board of directors, effective December 7, 2016. Eric Baum’s appointment coincides with Director Greg Gamet’s resignation from the Board after 18 months of service. Baum brings more than 15 years of experience in advising executive teams across a variety of industries, ranging from high-profile Fortune 50 companies to emerging ventures. He currently serves as a managing director at Acquis Consulting Group and its affiliate, Solidea Capital. Baum utilizes his extensive management consulting experience to guide companies through corporate strategy, market positioning, board governance, financing and risk evaluation, among other business initiatives. “Eric has an impressive track record of helping companies of all sizes take the next step in their growth strategies,” said Nick Kovacevich, CEO of…

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Kush Bottles to Present at the LD Micro Investor Conference on December 6, 2016

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SANTA ANA, California – December 1, 2016 – Kush Bottles, Inc. (OTCQB: KSHB), a leading provider of packaging, supplies, accessories and branding solutions for the regulated cannabis industry, has been invited to present at the LD Micro Main Event investor conference being held December 6-8, 2016 at the Luxe Sunset Hotel in Los Angeles, CA. Kush Bottles CEO Nick Kovacevich is scheduled to present on Tuesday, December 6 at 3:30 p.m. PST, with one-on-one meetings held throughout the day. He will also participate in a panel discussion on the future of the cannabis industry at 5:30 p.m. PST, along with executives from TerraTech, MassRoots and Electrum Partners. For more information about the conference or to schedule a one-on-one meeting with Kush Bottles management, please contact your LD Micro representative. About Kush Bottles Kush Bottles, Inc. (OTCQB: KSHB) provides packaging products and solutions to producers, processers and retailers operating in the…

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Kush Bottles Engages Liolios to Lead Strategic Investor Relations Program

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SANTA ANA, Calif., Nov. 22, 2016 /PRNewswire/ — Kush Bottles, Inc. (OTCQB: KSHB), a leading provider of packaging supplies, accessories and branding solutions for the regulated cannabis industry, has engaged Liolios Group, Inc. to lead a new strategic investor relations and financial communications program. “As reported earlier this month, our fiscal 2016 proved to be an exceptional year driven by record revenue growth and improved operating efficiency,” said Nick Kovacevich, CEO of Kush Bottles. “More recently, four states approved the recreational use of cannabis (CA, MA, NV, ME), while another four states approved medical use (FL, ND, AR, MT). We believe this past election will represent the inflection point for the cannabis industry as more than half the nation will now have regulated cannabis programs. “Given our progress and vast opportunity ahead, we have engaged a new firm to share our growth story with a larger audience in the capital markets….

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Kush Bottles Unveils New USA-Made, Child Resistant Bottle at Las Vegas Expo

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Samples to be available this week at nation’s largest cannabis-related business conference SANTA ANA, Calif. – November 16, 2016 – Kush Bottles, Inc. (OTCQB: KSHB) a leading provider of packaging, supplies, accessories, and branding solutions for the legal cannabis industry, has unveiled a new certified child-resistant pop-top bottle at the Marijuana Business Conference & Expo in Las Vegas, NV. The new bottle, which is manufactured in California, is exclusive to Kush Bottles and comes in four sizes.  It is re-closable and it is intended for the packaging of flower and edibles. The product can also be used as secondary packaging for concentrates or other cannabis products when child resistant packaging is required. “We’re incredibly excited to bring this new product to market,” said Nick Kovacevich, CEO of Kush Bottles.  “This bottle is similar to a product we’ve been selling for six years and that the industry is very familiar with,…

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Kush Bottles CEO Comments on Historic Election for Cannabis Legalization

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This new, regulated industry will provide jobs, tax revenues, and opportunities SANTA ANA, CA – November 9, 2016 – Kush Bottles, Inc. (OTCQB: KSHB), a supplier of packaging supplies, accessories, and branding solutions for the legal cannabis industry, announced that its Co-Founder and CEO, Nicholas Kovacevich, commented on the election, in which several states voted to legalize marijuana. “Our nation now sees that legal cannabis is not a Democrat or a Republican issue,” Kovacevich stated. “Medical and adult use cannabis was approved in states that voted for candidates from both parties,” he added. “Cannabis is no longer about politics. It is about the benefits of having a regulated industry that provides jobs, tax revenues, and opportunities – with transparency and accountability.” Four states approved recreational, adult use cannabis. An additional four states approved cannabis for medical use. Here is a summary of cannabis election results: California: The 6th largest economy…

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Kush Bottles Reports Record Annual Revenue

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SANTA ANA, Calif. – Nov. 3, 2016 – Kush Bottles (OTCQB: KSHB), a supplier of packaging supplies, accessories, and branding solutions for the legal cannabis industry, reported financial results for its fiscal year ended August 31, 2016. Fiscal Year 2016 Financial Highlights Kush Bottles achieved record revenue of $8,215,452 in fiscal year 2016, representing year-over-year growth of 105%. Kush Bottles achieved record operating income of $84,455, representing year-over-year growth of 124%. Working capital surplus grew to $2,026,777, representing a year-over-year increase of 877%. Operating expenses as a percentage of revenue was 32%, representing a year-over-year decrease of 12%. Revenues in our core markets of California, Colorado, Oregon, and Washington were $7,678,888 in fiscal year 2016, representing year-over-year growth of 99%. Revenues in our non-core markets were $536,616 in fiscal year 2016, representing year-over-year growth of 228%. Executive Quotes “We are very pleased with the revenue growth we saw in all…

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Kush Bottles Forms Strategic Partnership with Bud Bar Displays

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New product line aims to meet growing market demand for high-end cannabis merchandising displays SANTA ANA, CA – October 19, 2016 – Kush Bottles, Inc. (OTCQB: KSHB), America’s premier supplier of packaging, accessories, and branding solutions for the legal cannabis industry, announced that it is now an authorized reseller of Bud Bar Displays, a line of premium cannabis display jars utilized by medical and recreational dispensaries. Premium Bud Bar Displays offer a high-end solution for cannabis retail merchandising, and offer several options with unique features such as a microscopic lens for magnified viewing, and a plastic screen that allows patients or customers to obtain the full fragrance of the strain. These jars meet regulations in many states, including Washington, which has the strictest cannabis display regulations in the United States. The Company seized the opportunity to utilize their distribution network to sell Bud Bar Displays to its current customer base,…

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Kush Bottles CEO to Present at New West Summit and New England Cannabis Conference

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SANTA ANA, CA – October 11, 2016 – Kush Bottles, Inc. (OTCQB: KSHB), America’s premier supplier of packaging, accessories, and branding solutions for the legal cannabis industry, announced that its Co-Founder and Chief Executive Officer, Nick Kovacevich, will be speaking at two prominent conferences in the coming weeks. Kovacevich was asked to participate and provide expert industry insight and analysis at the New West Summit – the first conference to focus exclusively on game-changing and disruptive developments in technology, investment and media within the cannabis space. Kovacevich will be speaking on a panel, along with notable industry leaders: Marc J. Ross, Founding Partner of Sichenzia Ross Friedman Ference LLP; Derek Peterson, CEO of Terra Tech Corp; and Leslie Bocskor, Founder and President of Electrum Partners. The panel will be moderated by Alan J. Brochstein, Founding Partner at New Cannabis Ventures, and Founder of 420 Investor. Kovacevich will also be speaking…

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