With the cannabis sector getting into a new era of visibility in each U.S. and Canadian operations, providers such as KushCo Holdings Inc (OTCQX: KSHB) are hunting to take benefit of networking by means of significant conferences.
Chief Income Officer Jason Vegotsky from the business enterprise-to-business enterprise cannabis firm will seem in Toronto this coming Friday, September six to discuss best practices for post-merger integration.
That speaking engagement will take location at the MJBizCon International Conference, and comes in the wake of a steady string of acquisitions and mergers across the sector in current months.
As cannabis corporations seek to discover profitability in a legalized atmosphere, the sector has lately observed significant shifts such as Green Development Brands Inc. (CSE: GGB OTCQB: GGBXF) merging with MXY Holdings.
Straight out acquisitions have also dominated headlines, such as the international buy deal heard round the globe when Canopy Development (TSX: WEED NYSE: CGC) announced plans to purchase out Acreage Holdings (CSE: ACRG.U OTCQX: ACRGF) just after cannabis is legalized federally in the United States.
Discussing the will need for KushCo to seem at the Canadian conference and supply guidance for navigating possible mergers, the firm issued this statement these days:
MJBizCon International brings with each other much more than two,500 international cannabis executives for a series of presentation and networking possibilities, like eight distinctive tracks spanning hemp and CBD, science and analysis, international business enterprise considerations and capital raising, amongst other individuals. Extra than 70 speakers and 150 exhibitors will be in attendance.
Some of these other attendees will contain Acreage Chief Executive Officer Kevin Murphy and new Canopy Development CEO Mark Zekulin speaking about the mixture of hemp and cannabis business enterprise in North America.
In addition to lining up conference speaking gigs to raise the company’s profile on the international stage, KushCo recently closed on a $50 million credit facility to retain operations going and kick start off new acquisitions.
In other firm news, KushCo is looking for to join a increasing list of North American providers moving up to greater tier exchanges and applied to list shares on Nasdaq earlier this summer time.
KushCo’s stock is at present trading at a value of $three.71 on the OTCQX as of Wednesday afternoon, marking a steady summer time decline from a higher point of $five.15 back in mid-July.