KushCo Makes a Surprising Move Into a New Business

KushCo Holdings (OTC: KSHB) is pushing into a cannabis segment that is new not only for the company but for the cannabis industry as a whole. On Wednesday, it announced that it has launched a hemp trading operation.

In its press release, KushCo said that the venture will be aimed at serving prequalified buyers of the plant. The business will comply with all applicable laws. Additionally, it said it is partnering with an unidentified "leader in U.S. industrial hemp farming" that will act as the supplier of the hemp.

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Source Fool.com