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Kush Bottles To Develop Packaging For "Keurig of Cannabis"

August 1, 2017

 

This morning, Kush Bottles Inc. (OTC:KSHB) announced that the company has entered into an agreement with CannaKorp, the developer of the world's first single-use, pod-based vaporizing system for cannabis, to develop customized packaging for the pods used in the vaporizer.

 

Related: MedReleaf Partners With CannaKorp

 

In order to meet the demands of CannaKorp (as well as regulatory requirements), Kush Bottles designed the "cPod Tower". The cPod Tower bundles the CannaCloud pods in a custom branded, child resistant and regulatory compliant (across all states) package.

 

CannaKorp plans to launch the CannaCloud system in multiple cities across the US and Canada throughout the remainder of 2017 and early 2018.

 

Related: Kush Bottles Expands to Alaska with Distribution Agreement

 

Management Commentary

 

Kush Bottles CEO, Nicholas Kovacevich

 

"CannaKorp is one of the most innovative companies in the legal cannabis industry and we are proud to provide packaging solutions for this ground-breaking system. We look forward to working with them as they grow and roll-out products nationwide."

 

CannaKorp's Co-Founder and CEO, 

 

"We partnered with Kush Bottles to develop the 'cPod Tower' because their expertise in developing customized child-resistant, FDA-compliant packaging, combined with their large manufacturing capabilities, were ideally-suited to accommodate our ambitious growth plans."

 

Market Reaction 

 

In early trading Tuesday, shares of Kush Bottles are flat on light trading volume. Year-to-date, Kush Bottles shares are down 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.

 

Don't forget to connect with The Daily Marijuana Observer on FacebookTwitterInstagram and StockTwits.

 

Now Read: Kush Bottles Q3 2017 Financial Results Breakdown

 

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/.