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KushCo Holdings Inc (OTCMKTS: KSHB) – The Future of the Ever-Growing Cannabis Industry



KushCo Holdings

The cannabis industry is indeed blossoming, and with legalization underway in the US, the industry will only get even better. The sector requires all sorts of support to continue growing and such aim is what KushCo Holdings Inc (OTCMKTS: KSHB) offers.

KushCo Holdings markets, sells as well as distributes packaging products and solutions such as bags, bottles, containers, and tubes for the marijuana industry in South America, Europe, and North America. Moreover, it oversees more than 18 sales portals alongside distribution facilities across Canada and the US.

KushCo Holdings Share Price Analysis

Price is meant to change, and for KushCo Holdings, a similar scenario has been observed all along. There has been an up and down fluctuation throughout this year with the last few days the stock showing some upward trajectory once again.

KSHB Daily Chart

The stock’s sentiments received a boost in revenues in Q1 with the company delivering a 186% year-over-year increase. Currently, the stock’s price is at $5.15 and still showing signs of an upward trajectory.

Moreover, the positive developments that the company is undertaking will only shore the stock’s sentiments; hence, soon, we might see a massive move.

Notably, during the first quarter of 2019, the key driver to the price action activity was the massive signing of the long-term supply agreement of $75 million.

KushCo Holdings Recent Developments

At first glance, the company is a pleasant surprise. And complementing firm’s outlook, the stock remains to be a real business showing growing revenue. It’s the quality that distinguishes it from other stocks that are shaky ventures built just on hype.

So, What Has the Cannabis Company Done?

KushCo has simply carved out a clear niche in wholesale distribution of the packaging supplies and customized branding products. The approach the company used is merely rolling up the other companies instead of developing the products itself.

However, the going hasn’t been smooth for KushCo, but with the recent new certified biodegradable, composite as well as sustainable packaging solution, the company’s investor confidence looks to be strengthened.

Besides, it already signed a long-term development alongside a distribution agreement with IEKO for a new packaging solution. The solution is simply designed for unique demands of the marijuana sector featuring proprietary biodegradable materials from the renewable resources.

Notably, the company acquired a private investor and entrepreneur, Danny Mosses into its advisory board. Also, CNBC’s Tim Seymour will be part of the board that is expected to provide significant insight as well as knowledge on ways of pursuing opportunities in the sector.

Currently, California is the company’s top market with its revenue growing at a faster rate in various areas. Precisely, the sales Michigan and Massachusetts are sky-high as they have both legalized adult-use recreational cannabis on top of the medical cannabis.

Understandably, the legalization of hemp in the United States will also benefit KushCo as demand will also increase its packaging products.

The recent fiscal 2019 Q2 results showed it up that the company is indeed poised for a great future. The company’s revenue soared to an all-time high of about $35.2 million. The results were up 240% year-over-year while 39% quarter over quarter.

Furthermore, the firm increased its full-year revenue outlook, although not as much profitable as GTI may be. More importantly, despite the lag in margins, the company is pushing forward with intentions and great potential.

What’s Next for KushCo Holdings

As much as the cash flow, the profitability of the firm also remains elusive; the future looks promising. Due to poor liquidity, massive dilution was also inevitable, and hence, finance is required. But with the promising results of the Q1 report, KushCo Holdings looks a stock very well worth of keeping an eye on going forward.

Consequently, despite the struggle through the tight trading range, the stock is still destined for a thrilling ride given the array of developments it continues to make.

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Disclosure: We have no position in KSHB and have not been compensated for this article.

Photo by from Pexels

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MJ Stocks

Is Neptune Wellness Solutions Inc (TSE:NEPT)(NASDAQ:NEPT) A Good Bet Right Now?



Neptune Wellness Solutions

There is no doubt 2019 was a tough year for the hemp/cannabis businesses. However, there are a few hemp/cannabis stocks that still managed to make their investors proud. Neptune Wellness Solutions Inc (TSE:NEPT)(NASDAQ:NEPT) is one of those stocks. Investors who put their bet on Neptune at a time like this saw their investment increase 130% by July of last year.

Neptune Wellness Solutions is already off to a strong start in 2020. The stock has gained more than 15% in the past week alone. Looking at how Neptune has positioned itself in the hemp/cannabis market, you cannot dispute 2020 is shaping up to be a great year for the stock. Then you notice that Neptune insiders are deeply invested in the stock. Insiders own more than 17% of all shares in the company. The company’s market cap of $280 million shows that insiders alone have sunk $48 million in the stock.

You are about to find out more reasons why Neptune Wellness Solutions looks to be a good pick right now. But first, here’s what you should know about the company we’re discussing.

About Neptune Wellness Solutions

Neptune Wellness Solutions has been around since 1998 and is headquartered in Laval, Canada. It is engaged in the extraction, formulation, and packaging of value-added cannabis products for both Canadian and global markets.

This is shaping up to be Neptune’s year for a number of…

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Is Tetra Bio-Pharma (CVE:TBP) (OTCMKTS:TBPMF) A Smart Pick?



Tetra Bio-Pharma

Investors will remember that 2019 wasn’t a great year for cannabis stocks, especially Canadian stocks. Issues from uncertainty over Canada’s national elections to shortage of cannabis retail stores in Ontario greatly weighed on Canadian cannabis stocks last year. These problems are largely out of the way and investors can now spot cannabis stocks with a promising outlook in 2020. Tetra Bio-Pharma (CVE:TBP) (OTCMKTS:TBPMF) is one play poised for a big breakout in 2020 as its drug products go on sale.

Tetra Bio-Pharma is one of the most promising cannabis stocks in 2020 and investors have really warmed up to the stock. At $0.50, Tetra stock has already gained more than 60% year-to-date. But that is just the beginning and we feel there is a great story to tell here. First, however, it is important for investors to understand the company we’re discussing.

About Tetra Bio-Pharma

For investors who may have just come across Tetra Bio-Pharma for the very first time, this is a Canadian cannabis company. It is focused on developing cannabis-based drugs for a variety of conditions, including cancer.

Tetra Bio-Pharma about to begin commercializing its drug products

As a drug company, Tetra Bio-Pharma is insulated from many challenges that face conventional cannabis companies. For example, companies that make adult-use cannabis products must cope with cutthroat competition in the market. Moreover, Canadian cannabis companies have Continue Reading

MJ Stocks

Why Investors Are Warming Up To Fire & Flower Holdings Corp (TSE:FAF) (OTCMKTS:FFLWF)



Fire & Flower Holdings

The disastrous 2019 taught investors the importance of carefully screening cannabis stocks for great picks that can withstand industrywide shocks. That explains why investors are warming up to Fire & Flower Holdings Corp (TSE:FAF) (OTCMKTS:FFLWF) in 2020.

Fire & Flower Holdings has positioned itself to take full advantage of the recently expanded cannabis market under Cannabis 2.0. Investors are realizing that FFLWF is one pick that can make a huge difference in their cannabis portfolio. Fire & Flower Holdings has already gained more than 25% year-to-date, a testament to the strong investor interest in the stock in 2020.

About Fire & Flower Holdings

Fire & Flower Holdings is a Canadian cannabis company. It operates as a cannabis product retail chain. It operates a network of dozens of cannabis retail outlets in Canada. FFLWF currently has licenses to operate cannabis retail stores in Alberta and Saskatchewan provinces. In addition, it runs a cannabis distributor business in Saskatchewan.

Investors will no doubt remember that 2019 was a tough year for the cannabis sector, with a widespread collapse of many cannabis stocks big and small. That shows why in 2020 investors are looking for cannabis stocks that can deliver excellent returns and make them forget the pain of the past year. FFLWF has emerged as one of the favorite cannabis stock picks for investors early on in 2020. There are several reasons behind that and here are…

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