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Kush Bottles to Relocate Headquarters

March 23, 2017

 

SANTA ANA, Calif., March 23, 2017 /PRNewswire/ -- 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 to an article in Business Insider, the size of the cannabis market in California could reach $4.27 billion in 2018, and could grow to $6.45 billion by 2020.

 

Bolstering this projected growth are two recent voter-approved initiatives: Proposition 64, the "Adult Use of Marijuana Act" legalized the purchase of cannabis for adults 21 and older in California; and Measure M, which was recently passed in Los Angeles and will allow the nation's second largest city to repeal a current ban on medical marijuana dispensaries. The measure also allows the city council to create new rules in order to facilitate a safe and well-regulated legal cannabis industry.

 

"Kush Bottles thrives in regulated cannabis markets, where strict rules require the use of certified, child resistant packaging," said Nick Kovacevich, CEO of Kush Bottles, Inc. "We are excited about the passage of Measure M, which will allow newly established and existing medical marijuana facilities to legally operate in Los Angeles under new rules to create a safe and well-regulated market."

 

"Our client base is growing at a rapid pace and we are continuing to invest in our infrastructure to meet burgeoning demand," said Ben Wu, President and COO of Kush Bottles, Inc. "Moving to a larger facility will enable us to further diversify our product and service offerings and to strengthen our position as the gold standard for the cannabis industry."

 

For more information on Kush Bottles, Inc., call: 888-920-5874, or visit: www.kushbottles.com.  

 

To be added to the distribution list, please email ir@kushbottles.com with "Kush" in the subject line.

 

About Kush Bottles, Inc. 


Kush Bottles, Inc. (OTCQB: KSHB) provides packaging products and solutions to producers, processors and retailers operating in the regulated medical and recreational cannabis industry.

 

Founded in 2010, Kush Bottles has sold more than 100 million bottles and regularly services more than 3,000 customers across the United States and Canada. The company primarily services the business-to-business market, which includes legally operated medical and adult-use dispensaries, growers and marijuana-infused product (MIP) manufacturers.

 

Kush Bottles aims to be the gold standard for responsible branding and packaging in the cannabis industry. Kush Bottles has no direct involvement with cannabis plants or extracts.

 

The company has been featured in media nationwide, including CNBC, Los Angeles Times, TheStreet.com, Entrepreneur, and Inc. Magazine.

 

For more information, visit www.kushbottles.com or call (888)-920-5874.  

 

Connect: 


Website: www.kushbottles.com 

Instagram: instagram.com/kushbottles 

Facebook: facebook.com/kushbottles 
Twitter: twitter.com/kushbottles

 

Forward-Looking Statements: 


This press release may include predictions, estimates or other information that might be considered forward-looking within the meaning of applicable securities laws. While these forward-looking statements represent our current judgments, they are subject to risks and uncertainties that could cause actual results to differ materially. You are cautioned not to place undue reliance on these forward-looking statements, which reflect our opinions only as of the date of this release. Please keep in mind that we are not obligating ourselves to revise or publicly release the results of any revision to these forward-looking statements in light of new information or future events. When used herein, words such as: "potential," "look forward," "believe," "dedicated," "building," or variations of such words and similar expressions are intended to identify forward-looking statements. Factors that could cause actual results to differ materially from those contemplated in any forward-looking statements made by us herein are often discussed in filings we make with the United States Securities and Exchange Commission (SEC), available at: www.sec.gov, and on our website, at: www.kushbottles.com.

 

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Disclaimer: Except for the historical information and data presented herein, matters discussed in articles on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future performance or achievements expressed or implied by such coverage. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. Smoke Show Ventures, Inc., which owns The Daily Marijuana Observer, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. Before making specific investment decisions, readers should seek their own professional advice and that of their own professional financial adviser. Smoke Show Ventures, Inc. or its affiliates, which owns The Daily Marijuana Observer, may be compensated for its services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.dailymarijuanaobserver.com/legal-disclaimer/.