Is the Clock Ticking on a KushCo Holdings Inc (OTCMKTS:KSHB) Breakout?

We often find that protracted and narrowing lateral consolidations within the context of longer-term upward trends offer some of the most interesting opportunities, and KushCo Holdings Inc (OTCMKTS:KSHB) appears to be a strong case in point at the moment. To help flesh the matter out, the company just announced it has signed a long-term development and distribution agreement with IEKO Corporation, for the production of compostable and biodegradable packaging products for use in the cannabis and CBD industries. Continue reading “Is the Clock Ticking on a KushCo Holdings Inc (OTCMKTS:KSHB) Breakout?”

KushCo Holdings Inc (OTCMKTS:KSHB) Knocks it Out of the Park Again

We have been fans of KushCo Holdings Inc (OTCMKTS:KSHB) for quite a while. The company consistently beats the market’s expectations for a pick and shovel in the cannabis space. To wit: KSHB just announced its Q1 financials for fiscal 2019. According to the release, revenue was up 186% year-over-year to $25.3 million. Revenue exceeded the previous quarterly high of approximately $20 million in the fourth fiscal quarter of 2018, representing a 26.5% increase. On a GAAP Basis, gross profits were equal to 12.8%, compared with 34.8% in the prior year period. Continue reading “KushCo Holdings Inc (OTCMKTS:KSHB) Knocks it Out of the Park Again”

Recent Events Only Further Support the KushCo Holdings Inc (OTCMKTS:KSHB) Bull Thesis

At this point, given our overall thesis on KushCo Holdings Inc (OTCMKTS:KSHB), we continue to look favorably on the name. That sense has only increased in response to the news that the company has formed an exclusive partnership with JSP Portinox to facilitate the delivery of ultra-pure hydrocarbon gases and solvents in state-of-the-art stainless steel gas cylinders, through its Kush Energy division, which will debut at MJBizCon November 14-16, 2018 in Las Vegas, Nevada. Continue reading “Recent Events Only Further Support the KushCo Holdings Inc (OTCMKTS:KSHB) Bull Thesis”

Understanding the Real Value Proposition for KushCo Holdings Inc (OTCMKTS:KSHB)

During recent strength in the cannabis sector, KushCo Holdings Inc (OTCMKTS:KSHB) shares have solidified a technical status well above the stock’s major moving averages, suggesting the longer term upward trend remains in place. This is perhaps one of the most underappreciated stocks in the space. The company has positioned itself to benefit from growth in consumption without being vulnerable to declines in the overall price of cannabis as a commodity after incoming investments in producers inevitably produce a supply glut down the line. Continue reading “Understanding the Real Value Proposition for KushCo Holdings Inc (OTCMKTS:KSHB)”

Kush Bottles Inc (OTCMKTS:KSHB) Faces a Key Technical Test

Kush Bottles Inc (OTCMKTS:KSHB) has continued to hold well above its 50-day simple moving average over the past three weeks. Going forward, how KSHB handles any possible test with the $5/share level will be key. The level was tested earlier this month and held with a strong bid.

Continue reading “Kush Bottles Inc (OTCMKTS:KSHB) Faces a Key Technical Test”

Kush Bottles Inc (OTCMKTS:KSHB) Broadens Its Oregon Footprint

Kush Bottles Inc (OTCMKTS:KSHB) is an interesting play in the cannabis patch. The company has the financials in place to present to the market a compelling story for momentum investors. But shares haven’t responded very well since its massive rip higher from August to October of last year, a period that saw nearly 300% in gains in just about 60 days. Since then, it has been a slow grind back lower. This is despite a simple profile that includes major top-line growth and an extremely strong balance sheet. Continue reading “Kush Bottles Inc (OTCMKTS:KSHB) Broadens Its Oregon Footprint”