KushCo Q2 Revenue Increases 23% QoQ Ahead Of Merger With Greenlane
KushCo Holdings, Inc. (OTCQX: KSHB) generated $32.9 million in revenue in the second quarter, representing a 23% sequential increase, and 9% year-over-year growth.
Gross profit (on a GAAP basis) came in at 20%, versus 30% in the prior year. On a non-GAAP basis, gross profit was roughly 23%.