BobbySpa

KSHB - turning around?

Panjang
OTC:KSHB   None
Kushco sold off with the rest of the pot stocks and is beginning to look like it is perking up a bit. They are not in the business of producing pot. They provide packaging and other ancillary products to the industry. Again, a $190 million stock and not several billion. Jefferies initiated coverage this week with a $3.50 PT. The impulse leg drawn from $1.26 to $2.09 looks good to at least $2.27 or 50 cents from here. Another watchlist item. As money comes out of the big players with billion dollar market caps (TLRY, CGC, CRON), funds in the space are looking to pick up undervalued companies. KSHB is the leader in their piece of the pot industry.
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