How the unsteady rise of the pot industry has made dime bags a billion-dollar business

Tilray Inc. Chief Executive Brendan Kennedy quipped last year, when his company reached Wall Street, that Ziploc was the biggest brand in cannabis.

KushCo Holdings Inc. KSHB, -1.16% is one of the companies collecting those dimes, and it saw revenue more than double in 2018, from less than $20 million to more than $50 million. KushCo Chief Executive Nick Kovacevich says his company has benefited from a range of packaging laws in the nine U.S. states that have legalized recreational cannabis and more than 30 that have some form of medical marijuana law.Not all is rosy in the world of packaging, though.

KushCo doesn’t make the packages it sells, but rather sources various containers from China and then consults for clients who display products at retailers like California’s Harborside. Earlier in California’s journey to legal marijuana, municipalities controlled packaging laws, so his stores in Oakland and San Jose faced different rules. Now, packaging is regulated by the state — which changed the laws twice in 2018. And cities can make the laws more restrictive if they choose, Harris Bricken attorney Griffen Thorne said.

My favorite stock of the past 3 years kshb

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Documents detail multimillion-dollar ties involving EPA official, secretive industry groupThe nation’s biggest coal-burning power companies paid a top lobbying firm millions of dollars to fight a wide range of Obama-era environmental rules — shortly before one of the firm’s partners became Trump’s top air pollution regulator Trump Swamp We miss Obama! Make America Sick Again
Источник: politico - 🏆 381. / 59 Прочитайте больше »

Are Digital Currencies The Answer To Transforming The Trillion Dollar Travel Industry?Can a borderless, decentralised form of payment, confined to the digital realm, be the key to advancing the big business of global travel? DigitalTransformation DigitalNomands وش_قهوتك_المفضله
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

Martha Stewart, Canadian pot business in joint effort aimed at petsLifestyle guru Martha Stewart is joining Canadian marijuana producer Canopy Grow... puny Get it - Joint ?!!!! 'Joint' effort ... I see what you did there 😏
Источник: Reuters - 🏆 2. / 97 Прочитайте больше »

Koch Industries is pushing companies to hire more ex-prisoners because it 'makes economic sense'Society won't get the full benefits of criminal justice reform if companies don't start considering candidates with criminal records, argue JohnnyCTaylorJr and KochIndustries' Mark Holden MarcALevin JohnnyCTaylorJr KochIndustries Unless things changed significantly I’m certain they do not hire all classes of offenders.
Источник: BusinessInsider - 🏆 729. / 51 Прочитайте больше »

Oscar Loser Wins Big Next Day With $21.4 Billion Acquisition Of GE’s Biopharma BusinessBillionaire Steven Rales walked away empty handed from Sunday night’s Academy Awards ceremony—but won big today with a $21.4 billion acquisition of GE’s biopharma business by DenizCam DenizCam True. Keep up your mission supporting crypto! I share the same mindset in promoting the cryptoverse myself! This is why crypto will have a future! DenizCam Ohhh So was he needy Oscars2019 Oscar comercial ART
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »

Oscar Loser Wins Big Next Day With $21.4 Billion Acquisition Of GE’s Biopharma BusinessSteven and Mitchell Rales cofounded Danaher in 1983. On Monday morning, the science and technology giant said it will acquire General Electric’s biopharma business. Looks like a nerd (because he’s wearing glasses)
Источник: Forbes - 🏆 394. / 53 Прочитайте больше »