As one of the early pioneers in the legal cannabis industry, KushCo Holdings, Inc. (OTCQX: KSHB) is a premier provider of ancillary products and services to the legal cannabis and CBD industries. We provide exceptional customer service, product quality, compliancy knowledge and a local presence in serving our diverse customer base, which consists of leading multi-state-operators (MSOs), licensed producers (LPs), and brands.
We help enable our clients to succeed and grow by delivering best-in-class products and solutions, such as exclusive vaporizer hardware and technology, child-resistant compatible and fully customized packaging solutions, and complementary solvents and natural products.
Founded in 2010, KushCo has now sold more than 1 billion units and regularly services legally operated medical and adult-use growers, processors, and producers across North America, South America, and Europe. We have a presence in the largest U.S. cannabis and CBD markets and have deep relationships with companies that are capturing market share and consolidating the industry.
Partnering with innovators, industry leaders and the dedicated members of the cannabis community for over 10 years.
We pride ourselves on maintaining an understanding of the unique and complex regulations in each legal cannabis market. Our knowledge and experience helps keep us ahead of the curve when it comes to compliant packaging.
Serving as a one-stop-shop, our robust product offering allows clients to consolidate vendors and develop innovative solutions. We offer high quality products and rigorous control standards from manufacturing to delivery.
Our global reach, combined with a deep involvement in local markets, allows us to provide high quality service, expedited delivery, demand planning, consultation and a strong understanding of the local competitive environments.
Our breadth and range of products & services are carefully catered for businesses of any scale within the legal cannabis and CBD industries.
Fiscal 2020 was arguably the most pivotal time in KushCo’s entire 10-year history, as we executed on our strategic plan and achieved our first quarter of positive adjusted EBITDA in more than three years.
On behalf of the entire leadership team, I could not be more proud of our KushCo family, who embraced our spirit and track record of overcoming significant challenges, and who came together in a time of immense difficulty to turn around the business and get us to the much healthier and promising position we believe we are in today. From right-sizing our cost structure, streamlining our inventory and consolidating our warehouses to refocusing on our core customers, tightening our credit standards and improving our collections activity, we are thrilled to have delivered on the initiatives we said we were going to deliver, giving us a solid foundation to continue growing our business profitably moving forward.
We realize there is still a lot of work to be done, but we are encouraged with the substantial progress we have made, especially when considering the challenging, but constructive, journey we underwent in fiscal 2020, starting with the illicit market vape crisis and culminating with the ongoing COVID-19 pandemic. Looking ahead, we will continue to focus on aligning deeper with-and cross-selling more to-the large and creditworthy MSOs, LPs, and leading brands, who appear more poised than ever to reap the lion’s share of the benefits from the industry’s next stage of expansion.
*KushCo may provide products and services to the Hemp and CBD markets. The term “Hemp” shall have the meaning set forth in 7 U.S.C. § 1639o(1) and “CBD” shall mean cannabidiol derived from Hemp.