Canaccord Initiates Coverage on Kush Bottles (KSHB). What May be Next?

Why Has Canaccord Given Kush Bottles (KSHB) a $7.5 Price Target

Canaccord revealed to clients in a note that it has initiated coverage on Kush Bottles (KSHB) stock, with Speculative Buy rating and a $7.5 price target.

The stock decreased 4.44% or $0.26 during the last trading session, reaching $5.59. About 389,571 shares traded. KushCo Holdings, Inc. (KSHB) has 0.00% since December 4, 2017 and is . It has underperformed by 15.62% the S&P500.

KushCo Holdings, Inc., through its subsidiaries, provides various services and products for the regulated cannabis, CBD, and other related industries. The company has market cap of $439.14 million. It distributes vaporizer products, packaging, supplies, and accessories, as well as offers branding services to cannabis operators; and provides hydrocarbon gases and solvents to the cannabis sector. It currently has negative earnings. The firm also operates a creative design agency for cannabis and non-cannabis brands that provide brand strategy, design and marketing, Web application development, and e-commerce solutions.

More notable recent KushCo Holdings, Inc. (OTCMKTS:KSHB) news were published by: Seekingalpha.com which released: “Profit-taking pressures Tilray, down 4% premarket – Seeking Alpha” on August 30, 2018, also Seekingalpha.com with their article: “Why I Backed Up The Truck Into Cannabis Pick-And-Shovel Play KushCo – Seeking Alpha” published on September 12, 2018, Profitconfidential.com published: “Marijuana Packaging: Best Marijuana-Related Companies to Consider for the Long Term – Profit Confidential” on April 19, 2018. More interesting news about KushCo Holdings, Inc. (OTCMKTS:KSHB) were released by: Investorplace.com and their article: “5 U.S. Marijuana Stocks to Buy Before the Market Lights Up – Investorplace.com” published on October 18, 2018 as well as Globenewswire.com‘s news article titled: “KushCo Holdings Sells Roll-Uh-Bowl Brand to Smoke Cartel – GlobeNewswire” with publication date: September 25, 2018.

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