It’s that time of year again, when many companies begin to reveal the latest details of their financial health. Those following the cannabis industry are eagerly waiting to see what the latest results reveal about the overall market, which is expected to be stronger than it was a year ago. Many states reported that sales increased as 2020 progressed, and the financial results will show how strongly (or poorly) companies operating in the space did.
KushCo, which offers ancillary products and services to the cannabis industry, is putting the final touches on its latest report and has announced that the final results will be made available on Monday, January 11.
KushCo’s upcoming report will cover the company’s fiscal first quarter 2021, which ended on November 30 of last year. The company will host a conference call to present the results, followed by a question and answer session for participants. The results will be made available on KushCo’s investor relations website and also prepared through a press release that will be posted after the markets close on Monday.
The presentation will be conducted through a live podcast that will include a slide deck for investors. All of the details made available during the podcast, including the slide deck, will be added to KushCo’s website about two hours after the event concludes for those who aren’t able to participate in the live call.
One of the highlights of the call will certainly be the partnership KushCo has entered with United Pacific, which operates chains of gas stations and convenience stores across the western US. That arrangement began last November and will not have impacted the fiscal first quarter results; however, projections on what is coming to KushCo should be discussed during the financials call. Having access to 350 new retail sales locations in the US is bound to give KushCo a lot of positive growth potential throughout all of 2021 and beyond.