Canaccord Genuity acts as Sole Placement Agent for KushCo Holdings, Inc. on its US$21.3 million private placement of a Senior Unsecured Note

Canaccord Genuity is pleased to announce that on April 30th, 2019, it completed a private placement of a senior unsecured note for KushCo Holdings, Inc. (OTCQB: KSHB) (“KushCo”) with an institutional investor for an aggregate principal amount of US$21,300,000. The proceeds will be used for general corporate purposes.

Canaccord Genuity acted as Sole Placement Agent in connection with the offering.

KushCo is the parent company of innovative industry leaders such as Kush Supply Co., Kush Energy, The Hybrid Creative, and Koleto Innovations, which provide a range of products and services for a variety of industries including the regulated cannabis and CBD industries. Founded in 2010, KushCo has sold more than 1 billion units to growers, processors and producers across North America, South America, and Europe.

The Canaccord Genuity team included Tom Pollard, Brian O’Connor, Jennifer Pardi, Will Habos, Michael Wright, Or Barak, Tiffany Loh and Brooke Szczygiel.