KushCo Holdings with Nick Kovacevich, CEO, Co-founder, and chairman. KushCo Holdings has a diversified business model including Kush Bottles, a dynamic sales platform that is the nation’s largest and most respected distributor of packaging, supplies, and accessories, Kush Energy, which provides ultra-pure hydrocarbon gases and solvents to the cannabis and CBD sector, Hybrid Creative, a premier creative design agency for cannabis and non-cannabis ventures, and Koleto Packaging Solutions, the research and development arm driving intellectual property development and acquisitions. Recent reports are stating that vapes, concentrates, and smoked flower sales have flattened or even dropped in some locations while edible and tincture sales have increased.
The cannabis industry has soared during the initial wave of the coronavirus pandemic, but you believe the next stage is predicted to be more difficult to navigate especially since a) cannabis companies are not eligible for federal assistance and b) supply disruption from everything from packaging materials to vape products is a growing issue. An Inc.com op/ed predicts cannabis sales will continue to be erratic, They go on to write “Changing government policy and consumer fear will continue to cause swings in sales. Coupled with disruptions in the labor force for cultivation, processing, and shipping, cannabis product inventories will be unpredictable for some time to come.” Three Dozen members of the U.S. The House of Representatives signed a letter addressed to congressional leaders urging that cannabis companies should be included in the next round of federal relief packages aimed at boosting the economy.