Another U.S. marijuana company is increasing into the Great White North.
California-based Kush Bottles, a serious supplier of packaging, provides, vaporizers and different equipment for the cannabis business, introduced it’s launching Kush Supply, a subsidiary based mostly in Toronto.
This follows a number of different enterprise forays by U.S. cannabis corporations into Canada, together with Oregon-based Cura Cannabis Solutions, Minnesota’s Vireo Health and Colorado’s Dixie Brands.
Here’s what it is advisable know:
- According to a information launch, Kush Supply will springboard off the company’s present distribution platform and leverage its nationwide gross sales staff to make the transfer in anticipation of Canada’s federally authorized adult-use gross sales in October.
- Kush Supply will try and develop into a number one provider of child-resistant product strains and create different options underneath its analysis and improvement arm, Koleto Packaging Solutions.
- Kush Bottles has made a number of strikes within the business this yr, together with the $1.5 million acquisition of a distributor of vaporizers, cartridges and equipment in addition to a $three.2 million buy of a purveyor of hydrocarbon fuel utilized by marijuana extract producers.