|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.6400 - 1.7000|
|52 Week Range||1.2600 - 7.2000|
|Beta (3Y Monthly)||1.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Nov 7, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||5.50|
Stocks like Greenlane Holdings and Slang Worldwide could rally if investors conclude that vape sales are near a trough, says Canaccord Genuity.
This new position was created to build and scale a "best place to work" culture and to enhance the Company's organizational capability and effectiveness as KushCo's business, workforce, and culture continue to grow and evolve.
KushCo Holdings, Inc. (OTC: KSHB) reported fourth-quarter net revenue of $47 million Thursday, up 135% from the same period in 2018. Its net loss on a GAAP basis was around $11.5 million, up from a net loss of $3.2 million in the corresponding period of the prior year. KushCo disclosed a basic and diluted loss per share of 13 cents versus a loss per share of 4 cents in the prior year period.
Cannabis packing and vape company KushCo Holdings Inc. reported Thursday 135% gain in revenue and a widening net loss for the company's fiscal fourth quarter. KushCo does not trade after hours. The company reported a fiscal fourth-quarter loss of $11.5 million, or 13 cents a share, versus $3.2 million, or 4 cents a share, in the year-ago period. Revenue rose to $47 million from $20 million in the year-ago period. Analysts surveyed by FactSet had estimated revenue of $45.8 million. For the fiscal first quarter, analysts model $42.4 million. KushCo said it expects fiscal 2020 revenue of $230 million to $250 million, $25 million of which will result from the company's recently announced hemp trading business. KushCo stock has fallen 70% this year, as the S&P 500 index has gained 23%. The ETFMG Alternative Harvest ETF has fallen 25%.
Net Revenue For Fiscal 2019 Increased 186% Year-Over-Year to $149.0 Million, Setting a New Company Record for Annual Revenue Company Issues Fiscal 2020 Net Revenue Guidance of Between $230 Million and ...
CYPRESS, CA / ACCESSWIRE / November 6, 2019 / KushCo Holdings, Inc. (KSHB) (''KushCo'' or the ''Company''), the premier producer of ancillary products and services to the legal cannabis and CBD industries, has announced today that it has expanded its CBD footprint with the launch of a new hemp trading business focused on facilitating legally compliant hemp transactions for in-network, pre-qualified farmers and a pre-qualified buyer network. The Company has also entered into a partnership with a leader in U.S. industrial hemp farming, who will serve as a supplier for verified buyers.
CYPRESS, CA / ACCESSWIRE / November 1, 2019 / KushCo Holdings, Inc. (OTCQX:KSHB) (''KushCo'' or the ''Company''), the premier producer of ancillary products and services to the legal cannabis and CBD industries, ...
Beyond daily gyrations, the U.S. stock market is still positive. There is a strategy that can potentially return up to 30% in three months, but to take advantage of that, investors would need to start now. The strategy is called the January Effect.
CYPRESS, CA / ACCESSWIRE / October 29, 2019 / KushCo Holdings, Inc. (OTCQX:KSHB) (''KushCo'' or the ''Company''), the premier producer of ancillary products and services to the legal cannabis and CBD industries, ...
CYPRESS, CA / ACCESSWIRE / October 25, 2019 / KushCo Holdings, Inc. (KSHB) (''KushCo'' or the ''Company''), the premier producer of ancillary products and services to the legal cannabis and CBD industries, is scheduled to host a conference call and webcast on Thursday, November 7, 2019 at 4:30 p.m. Eastern time to discuss its financial and operational results for its fourth fiscal quarter and fiscal year ended August 31, 2019. The Company's financial results will be available on its investor relations website at ir.kushco.com and announced in a press release after the market close on the same day. KushCo management will host the conference call and presentation followed by a question and answer session.
3M's (MMM) third-quarter 2019 results are affected by forex woes, divestitures and weak organic sales, partially offset by growth in operating margin. It lowers 2019 projections.
Benchmark downgraded the shares of Californian cannabis company KuschCo Holdings Inc. to speculative buy from buy on Friday, and said it expects the still unexplained vape-related lung illness that has killed at least 33 people and sickened 1,479 more to weigh on financial performance. Analyst Mike Hickey cut his stock price target to $5 from $7 and said "elevated regulatory risk" is another potential pressure for the maker of vapes, packaging and other accessories. The stock has fallen 75% in 2019, while the ETFMG Alternative Harvest ETF has fallen 20% and the S&P 500 has gained 19.6%. "We are positive longer term, as we note the vast majority of the THC related vape illness has come from black market; which could accelerate legal cannabis market regulation," the analyst wrote in a note to clients. "Near term, we are cautious over potential bans on the sale of vaping products, as was the view from Massachusetts that has enacted a 4-month block of all sales of e-cigarettes and supplies, including those for nicotine and cannabis." KushCo shares were down 0.8% in early trade.
Impressive traction in its aerospace and process solutions businesses and solid demand for commercial fire products drive Honeywell's (HON) Q3 results.
CYPRESS, CA / ACCESSWIRE / October 10, 2019 / KushCo Holdings, Inc. (OTCQX:KSHB) (''KushCo'' or the ''Company''), the premier producer of ancillary products and services to the cannabis and hemp industries, ...
KushCo Holdings Inc (OTC: KSHB ) stock has lost 72.21% year-to-date. With the company being an important player in the vaping industry, its shares have been hit hard in the last 30 days, with over 1,000 ...
CYPRESS, CA / ACCESSWIRE / October 8, 2019 / KushCo Holdings, Inc. (KSHB) (''KushCo'' or the ''Company''), the premier producer of ancillary products and services to the cannabis and hemp industries, has named Sentia Wellness ("Sentia"), a new hemp-derived CBD company with manufacturing and distribution capabilities, as its first brand partner for its new Retail Services division focused on CBD mass distribution, industry education, and compliance. Sentia will utilize KushCo's partnership with C.A. Fortune, a leading full-service national consumer products sales and marketing agency focused on lifestyle brand partnerships, to activate its Social CBD brand across a variety of retail channels.
Cannabis stocks rise for a third straight day Friday, buoyed by reports that vape sales are rebounding after being hit by the outbreak of a serious lung disease that experts say is directly tied to vaping.
Last week, ending on September 27, the cannabis sector was weighed down by the bears. Sector ETFs broadly ended the week in negative territory.