Kush Bottles Inc (OTCMKTS:KSHB) has recruited Liolios Group, Inc. to direct a strategic shareholder relations and financial communications plan. Nick Kovacevich, the CEO, reported that as stated earlier this month, the FY2016 was an exceptional year led by improved operating efficiency and record revenue growth.
The update
Recently, four states sanctioned the recreational use of cannabis, while another 4 states sanctioned medical use. They consider this past election will show the inflection point for the cannabis market as more than half the country will now have controlled cannabis plans.
Given the vast opportunity and progress ahead, they have recruited a new company to share their growth story with a broad audience in the capital markets. Liolios results in a validated track record of improving shareholder value for dynamic firms like Kush Bottles, offering the right message to the right viewers with focus and persistency.
Liolios will work carefully with management to offer strategic advisory, corporate positioning and messaging, as well as help in communicating with existing and new shareholders and participants of the financial community.
Established in 1999, Liolios brings extensive capital markets expertise from Wall Street experience with broad strategic consulting and investor relations capabilities. Liolios is a comprehensive and highly selective investor relations company specializing in small-cap firms. The company intends to offer superior performance in corporate positioning and messaging, financial and analyst press coverage, capital attraction and investor awareness.
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Liolios executives have broad experience in investments and finance, and show clients in different industries, including consumer/internet retail, technology, digital media, life sciences/ healthcare/, financial services, business services and natural resources.
Kush Bottles added 15% to its share value in the last trading session. This came as a respite for the stock as it was declining steadily over the past week. The decline has been unexpected because the company operates on a safer area of the marijuana segment, packaging and storage. Additionally, the firm recently reported the release of a new product, which is set to become an immediate hit for storing hemp and cannabis products.
