Kush Bottles (OTCMKTS:KSHB), the cannabis-related packaging company, has shaken things up by changing its name to Kush Supply Co.
The new name reflects the transition of the company, which is part of KushCo Holdings, to a more expansive business model from its roots designing bottles and child-resistant packaging.
Kush Supply will be led by Jason Vegotsky, who will take the helm as the division’s president after serving a stint as its vice-president of sales.
Indeed, the company now supplies a far broader range of products and services than it once did and serves as a one-stop supplier of core ancillary products for the cannabis industry, according to KushCo’s CEO Nick Kovacevich.
“While our bottles and packaging offering remains a large piece of our business, growing demand for supplies like concentrate packaging and vape hardware, along with new innovative custom solutions for brand building in retail, ultra-pure gas and solvents, and a more holistic approach to the cannabis supply chain resulted in a shift of what we offer to support the burgeoning cannabis market,” noted Kovacevich in a statement.
Kush Supply Co is a subsidiary of KushCo Holdings. Its parent company’s other brands include Kush Energy, which provides hydrocarbon gases and solvents to the cannabis and CBD sector, as well as Hybrid Creative, a creative design agency for cannabis and non-cannabis ventures.
Via its subsidiaries, KushCo Holdings services more than 5,000 legally operated medical and adult-use dispensaries, growers, and producers across North America, South America, and Europe.
KushCo Holdings shares slipped by 3% in Tuesday’s afternoon trading session to $5.84.