Kush Bottles is One of the Hottest Marijuana Stocks on the Market

Kush Bottles is one of the hottest marijuana stocks right now. The packaging company has seen incredible growth as legalization has continued to spread across the country. Nick Kovacevich is the CEO of Kush Bottles. He joins Cheddar to explain how and why his company has skyrocketed. Kush Bottles reported earnings on January 16th and posted incredible growth. Revenue is up 258% year over year to $8.85 million. Kovacevich explains that Kush Bottles has been helped because they are in a growth industry. In order to maintain growth and success, Kovacevich says the focus has always been compliance. Kush Bottles has always prioritized being "beyond" compliant, and Kavacevich explains that they work with each state to do ensure they are. Kavacevich argues for federal legalization because of the job potential. He believes the U.S. should be looking at the marijuana industry as industries like coal fall off.

More In Business

IRS Announces 'Voluntary Disclosure Program'

The IRS is announcing a voluntary disclosure program.

Lionsgate Signs $4.6 Billion Studio SPAC Deal

Lionsgate announced its studio division is going to spin off in a merger with Screaming Eagle Acquisition Corp., which is a special purpose acquisition company.

Redfin: 15.5% of Homes for Sale in 2023 Were Affordable

A new report suggests that it's getting more difficult for an average American to afford a home.

FDA Warns of Fake Ozempic Drugs

The Food and Drug Administration warned consumers about a copycat version of the diabetes drug Ozempic.

Report: Tesla Building Battery Factory in China

Tesla is reportedly moving forward with its plan to make energy shortage storage batteries in China.

Wells Fargo Workers in New Mexico Vote to Unionize

Wells Fargo employees at a branch in New Mexico have voted to unionize.

Nike Cuts Full-Year Revenue Outlook and Announces Cost-Cutting Plan

Nike cut its full-year revenue outlook for the fiscal year after reporting lower-than-expected revenue in its latest quarter.

Stocks Rise As Market Looks to Extend Winning Streak Year-End

Stocks climbed after the opening bell as the market looks to extend its winning streak as the year draws to a close.

Pres. Biden Says U.S. Steel Deal Needs 'Serious Scrutiny'

President Biden thinks there should be "serious" scrutiny over Japanese company Nippon's planned purchase of US Steel.

Were Your Holiday Deliveries Stolen? What to Know About Porch Piracy and What You Can Do About It

You found the perfect holiday gift online. You ordered it. A notification arrived on your phone, showing the package had arrived. But when you open your doors, the parcel is nowhere to be found.

Load More