Kush Bottles, Inc. (OTCQB: KSHB), a United States based company focused on provided ancillary goods such as packaging, supplies, vaporizers, hydrocarbon gases, solvents, accessories and branding solutions for the medicinal and recreational cannabis industry, announced this week that the company has signed a new lease for a warehouse facility located in Las Vegas, Nevada to meet demand for the recreationally legal cannabis market
The 13,000 square foot facility is expected to be built out and operational in the next few weeks. Kush Bottles is expected to streamline its logistics and provide more access to storage space for high-demand products with rapid turnover times, such as exit bags, cartridges, and pre-roll tubes for packaging cannabis derived products.
Las Vegas is one of the busiest destinations for travelers all around the world and is known as a gathering place for vacationers. Nevada has already sold $200 million worth of cannabis based product in the first six months of becoming recreationally legal and has generated $30 million in taxes for the states government. New Frontier projects Nevada’s state-legal marijuana market to be worth $622 million by 2020.
Kush bottles business model involves selling ancillary goods to the cannabis industry allowing the company to operate legally within medical and recreational markets whether or not the Federal government decides to interfere within state boarders. The company has sold more than 1 billions units to over 5,000 different dispensaries across the United States.
You may be interested
Aurora Cannabis Provides Investors Updates on their International OperationsEditor - August 13, 2018
Aurora Cannabis (TSX: ACB) (OTCQB: ACBFF) announced this morning a company update on their multiple cannabis related operations around the world. The company has undertaken projects in numerous…
Australians Overwhelmingly Support Medical CannabisEditor - August 13, 2018
Ninety one percent of Australians support medicinal cannabis use. Chronic diseases like epilepsy, chronic pain, nausea in cancer related chemotherapy, multiple sclerosis, PTSD, and palliative care are…
Health Canada Issues Significant Changes to Industrial Hemp RegulationsEditor - August 11, 2018
Health Canada, the overseeing body in charge of industrial hemp licensing and its regulations has just issued a new class exemption for cultivators of the plant within…