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.
Southwest Airlines will pay a $35 million fine as part of a $140 million settlement to resolve a federal investigation into a debacle in December 2022 when the airline canceled thousands of flights and stranded more than 2 million travelers over the holidays.
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Adobe and Figma called off their $20 million merger, Southwest Airlines gets fined, Nippon Steel is buying U.S. Steel and oil and gas prices surge after a pause in shipments.
With more employees being called back to the office, many workers are suddenly protesting by being in the office for as little time as possible. As the term suggests, coffee-badging means coming in for just enough time to have a cup of coffee, show your face, and swipe your badge.
Japan's Nippon steel is buying U.S. Steel for $14.9 billion.
Southwest Airlines will pay a $35 million fine as part of a settlement over a 2022 holiday season disaster that saw the airline cancel thousands of flights and leave millions of people stranded.
