Kush Bottles To Develop Packaging For "Keurig of Cannabis"

August 1, 2017

Rachel Douty

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.

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.

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.

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Now Read: Kush Bottles Q3 2017 Financial Results Breakdown

D/M/O

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