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”

Will We See a Gift Bottom in Emerald Health Therapeutics Inc (OTCMKTS:EMHTF) Into the Holidays?

Shares of Emerald Health Therapeutics Inc (OTCMKTS:EMHTF) have been battling to hold key support over recent days, with the stock testing and apparently holding the $1.75/share level on Thursday and Friday of last week. Adding to the narrative, the company just announced that it closed its prospectus sale to a single Canadian institutional accredited investor announced on December 3, 2018. Continue reading “Will We See a Gift Bottom in Emerald Health Therapeutics Inc (OTCMKTS:EMHTF) Into the Holidays?”

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)”

United Cannabis Corp (OTCMKTS:CNAB) Sparks Up in Jamaica

United Cannabis Corp (OTCMKTS:CNAB) is a cannabis play that has offered one wild ride after another over the past 9 months. One might see CNAB down from $3/share to under a dollar and think it’s weak. But seen another way, if you bought it at $0.16 last September, you’re up 350% in under a year. (Last time I checked, that ain’t bad). Continue reading “United Cannabis Corp (OTCMKTS:CNAB) Sparks Up in Jamaica”

Jared Polis: Leave cannabis regulation to the states, President Trump

It turns out we are more the rule than the exception here in Colorado: A majority of Americans now live in an area that allows legal access to recreational or medical marijuana. You only have to look to the success of Colorado to see why the legalization of cannabis has occurred throughout the nation. Continue reading “Jared Polis: Leave cannabis regulation to the states, President Trump”