Kush Bottles, Inc.
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Kush Bottles, Inc. - overview
Established
2010
Location
Santa Ana, CA, US
Primary Industry
Packaging
About
Kush Bottles, Inc. is a provider of packaging solutions specifically tailored for the cannabis industry, focusing on compliance and sustainability while offering a wide variety of products. Founded in 2010, Kush Bottles, Inc. operates in Santa Ana, US, specializing in cannabis packaging solutions.
The company has received funding through various rounds, with the latest being a GROWTH round in February 2018, where Merida Capital Partners invested USD 6 mn. The total amount raised amounts to USD 6 mn. The firm has executed one deal to date, reflecting its strategic growth approach. Kush Bottles, Inc.
specializes in custom cannabis packaging solutions, offering a diverse range of products designed for the cannabis industry. Their core offerings include custom shape die-cut mylar bags, labeled glass and plastic jars, and bespoke printed boxes for pre-rolls and vape cartridges. The company provides free design services for all custom orders, allowing clients to create packaging that aligns with their brand identity. Their products cater to various end-use cases, primarily serving cannabis producers, dispensaries, and wholesalers across the United States, Canada, and select international markets where cannabis is legally distributed.
In the most recent fiscal year of 2020, Kush Bottles, Inc. reported a revenue of USD 113. 84 mn, with an EBITDA of USD -69. 04 mn.
Revenue generation is primarily driven by direct B2B sales of custom packaging solutions, tailored to the specific needs of clients, thereby enhancing customer satisfaction and fostering repeat business. Kush Bottles, Inc. aims to expand its product offerings and enter new markets following its GROWTH round funding. With the USD 6 mn raised in February 2018, the company plans to develop innovative packaging solutions to meet the evolving needs of the cannabis industry.
The focus will be on expanding into new geographic regions, particularly targeting markets where cannabis legalization is progressing. Specific timelines for these expansions have not been detailed, but they align with the company's strategic objectives to enhance its market presence.
Current Investors
Merida Capital Holdings
Primary Industry
Packaging
Sub Industries
Packaging
Website
www.kushbottles.com
Verticals
E-commerce
Company Stage
Mature - Growth Capital
Total Amount Raised
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Kush Bottles, Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Growth | Completed | Kush Bottles, Inc. | - |
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