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Kush Bottles Inc (OTCMKTS:KSHB) Reports Senior Leadership Changes

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Kush Bottles Inc (

Kush Bottles Inc (OTCMKTS:KSHB) reported that Ben Wu has stepped down from January 12, 2018. Wu will continue to advance the firm as an independent professional for a minimum of 6 months focusing his initiatives towards underway assignment. As a result, Jim McCormick will take the role of COO in additional to keeping to serve in his existing capacity as CFO.

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Nicholas Kovacevich, the CEO of Kush Bottles, expressed that he would like to thank Wu for his contributions to company, which have helped Kush to grow into the cannabis market’s major supplier of supplies, packaging and other ancillary offerings, and he wish him the best for his future. Jim is more than eligible to assume the COO role having earlier been GM leading multi-market businesses in the tobacco market. He has made a substantial positive impact on the firm in his short tenure with the firm using his business acumen and experience. As they enter 2018, they look forward to using this platform and sustaining to enhance shareholder value.

Jim McCormick, the COO and CFO of Kush, expressed that since joining company last year, he has been remarkably impressed with the efficiency and professionalism with which the firm is managed. The company has invested considerably in technology, systems and facilities to support its advancement, and is executing a multi-faceted growth plan to build value and drive sales for shareholders via a combination of M&A and organic growth activity. He remains thrilled about the notable growth prospects ahead of them at this thrilling stage of the firm’s development.

In the last trading session, the stock price of Kush Bottles declined more than 7% to close the day at $7,64. The decline came at a share volume of 1.61 million compared to average share volume of 349,696. Post the recent decline, the market cap of firm was noted at $498 million.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of MMJReporter.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

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