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Kush Bottles Expands to Alaska with Distribution Agreement

July 25, 2017

 

This morning, Cannabis-focused packaging provider, Kush Bottles Inc. (OTC:KSHB) announced that the company has entered into an exclusive distribution agreement with JKD Brands, an Alaska-focused seller of packaging and related products to cannabis companies. 

 

Related: Kush Bottles Q3 2017 Financial Results Breakdown

 

Under the agreement, JKD Brands will allow Alaskan cannabis companies to access Kush Bottles' products including child-resistant packaging, state-compliant labeling, and accessories locally instead of having to handle logistical challenges and expenses associated with sourcing products from the contiguous United States (the "lower 48"). 

 

Related: Get to Know Alaska's Recreational Marijuana Laws

 

Kush Bottles' CEO, Nicholas Kovacevich had this to say about the partnership:

 

"We chose to partner with JKD Brands because their knowledge of the local Alaska regulatory, logistics, and market conditions is second to none. JKD's management team brings substantial local and state knowledge, with the support, capabilities and know-how of an established national partner. We are confident they are the right partners to extend Kush Bottles' reach into the Alaska market."

 

Market Reaction

 

In midday trading Tuesday, shares of Kush Bottles are falling nearly 4% on lighter than average volume. Year-to-date, shares of Kush Bottles have a had a tough go of it, falling roughly 35%

 

Conclusion 

 

Learn more about Kush Bottles by checking out the company's marijuana stock profile in The Daily Marijuana Observer's cannabis stock database. Find out more regarding the marijuana industry in Alaska by checking out our Alaska news section and subscribing to our state specific marijuana email updates

 

Don't forget to connect with The Daily Marijuana Observer on FacebookTwitter, Instagram and StockTwits.

 

Now Read: New Commodity Exchange to Connect Alaskan Cultivators with Retailers

 

D/M/O

 

Disclaimer
 
Investing in nanocap, microcap, and small cap stocks is highly speculative. The publishers of DailyMarijuanaObserver.com are not registered as Investment Advisors or Broker-Dealers in any jurisdiction whatsoever. The information contained on DailyMarijuanaObserver.com (“this site”) has been prepared solely for informational purposes. Nothing on the site is an offer or solicitation to buy or sell securities. Investors should seek financial advice regarding the appropriateness of investing in any securities mentioned from their financial advisor.

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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/.