NEW YORK, Feb. 29, 2016 /PRNewswire/ -- Kush Bottles, Inc.'s (OTCQB: KSHB) CEO Nicholas Kovacevich took time to update investors on the company's recent Q1 results. He also discussed market opportunities and explained how the company is positioned to capitalize on key trends in the legal marijuana sector.
Kovacevich stated that Kush Bottles has relationships with thousands of medical marijuana dispensaries, recreational marijuana stores and cannabis grower/producer processors, and those relationships represent consistent recurring sales.
"We can sell anything into those channels that is federally legal," Kovacevich commented. "Currently, marijuana flowers, edibles and concentrates are not federally legal, so we're not going to touch those, but there may come a time down the road when marijuana is federally legalized, and a company like Kush Bottles, that has established a nationwide distribution network, is going to be extremely valuable," he added.
In the meantime, Kush Bottles sells a growing number of items to this network, primarily CPSC approved packaging, and is establishing itself as a true "one-stop-shop" for businesses in the cannabis industry.
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About Kush Bottles:
Kush Bottles recently became a publicly traded company and is one of the few cannabis-based businesses on the public markets that has demonstrated profitability and revenue growth, without direct involvement with the actual cannabis plant or extract.
Kush Bottles is a leading packaging provider, offering certified child-resistant and custom-branded solutions in all states that permit medical or adult cannabis use, as well as in Canada.
With over 100 million bottles sold, the company is respected for its premium quality products, exceptional customer service, fast deliveries, and innovative custom solutions.
For more information, visit www.kushbottles.com or call (888)-920-5874.
Forward Looking Statements:
This press release includes statements 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. These risks and uncertainties include, among other things, product price volatility, product demand, market competition, and risk inherent with operations of a company. Words such as: "look forward," "believe," "continue," "building," or similar expressions are intended to identify forward-looking statements. Reader is cautioned not to place undue reliance on forward-looking statements, which reflect opinions only as of the date of this release. We are not obligated to revise any forward-looking statements in light of new information.
SOURCE Kush Bottles, Inc.