Canaccord Genuity started coverage on shares of KushCo (OTCMKTS:KSHB) in a research report sent to investors on Tuesday, Marketbeat.com reports. The firm issued a speculative buy rating and a $7.50 price objective on the stock.

Several other equities research analysts also recently issued reports on KSHB. Zacks Investment Research upgraded shares of KushCo from a sell rating to a hold rating in a research report on Wednesday, August 15th. Northland Securities started coverage on shares of KushCo in a research report on Wednesday, October 10th. They set an outperform rating and a $8.75 price objective for the company.

Shares of OTCMKTS:KSHB opened at $5.30 on Tuesday. KushCo has a 52-week low of $2.75 and a 52-week high of $8.51.

In other KushCo news, Director Dallas Imbimbo sold 65,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 18th. The shares were sold at an average price of $5.91, for a total transaction of $384,150.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 36.70% of the company’s stock.

KushCo Company Profile

KushCo Holdings, Inc, through its subsidiaries, provides various products and services for the regulated cannabis, CBD, and other related industries. It distributes vaporizer products, packaging, supplies, and accessories, as well as offers branding services to cannabis operators; and provides hydrocarbon gases and solvents to the cannabis sector.

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