Kush Bottles, Inc. (OTCQB:KSHB) (“Kush Bottles” or the “Company”) a leading provider of packaging, supplies, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions for the regulated cannabis industry, today reported financial results for its third quarter of 2018, for the period ended May 31, 2018.
However, there is another top U.S. marijuana stock that could also be a big winner. Is now the time to think about buying Kush Bottles (NASDAQOTH:KSHB)?
Kush Bottles finds itself in a unique position. It definitely falls into the category of marijuana stock, since the company's core business is selling packaging and supplies to marijuana dispensaries and growers. But because Kush Bottles doesn't actually deal with marijuana itself, the company has access to capital that most industry players don't.
As tech leaders once had to persuade promising grads hellbent on careers in traditional white collar fields, so too for those at the forefront of the legal weed trade. (And tech entrepreneurs weren't fighting nearly a century of prohibition.)
Kush Bottles operates in states where cannabis is legal, but even when marijuana goes legit in these states, the stigma remains, say company leaders.
As marijuana stocks wait for Canada to legalize, the pressure begins to mount on U.S. pot stocks. With former Republican House Speaker John Boehner joining the board of Acreage Holdings’ weed stocks may have hope yet. Derek Peterson, CEO of Terra Tech Corp. – the first cannabis stock on the list below –believes Boehner’s move could be “a strong indicator of the political and social winds blowing in favor of legalization.”