KushCo Holdings renews Abstrax Tech partnership to bring its customers “unique terpene innovations”

KushCo Holdings Inc (OTCQX:KSHB) reported that it has renewed its partnership with Abstrax Tech (ABSTRAX), a provider of research, development, and production of cannabis and botanically-derived terpenes. 

Terpenes are the organic compounds responsible for creating the unique aroma of each individual cannabis plant and are thought to provide therapeutic benefits, much like other cannabinoids such as THC and CBD. 

The company said it will receive commissions for any referrals it makes to ABSTRAX, representing 100% gross margin to KushCo, and KushCo customers will also receive discounted ABSTRAX pricing. 

“With the continued lack of state and federal government regulations around the inhalation of terpenes, KushCo will not purchase, sell, store, or distribute terpenes,” KushCo Holdings CEO Nick Kovacevich said in a statement.  

READ: KushCo Holdings has positioned itself as a premier ‘picks and shovels’ provider of cannabis and CBD-related ancillary products

He added: “Nonetheless, we want to offer our valued customers special access to what we consider to be world-class terpenes from a provider staunchly devoted to safety, superior manufacturing standards, and 100% product purity.”

“Over the years, ABSTRAX has continued to innovate and expand its impressive catalog. With expertise in customized blends, ABSTRAX will provide incremental value and ‘budding”’-edge technology for our customers, who place their trust in KushCo to provide the highest quality, custom-tailored vape, packaging, and energy products.”

ABSTRAX CEO Max Koby also weighed in, stating:  “As we continue to uncover new compounds in our Type 7 licensed laboratory, we are developing products that give our customers a competitive edge in their product offering.”

He continued: “KushCo has been instrumental in bolstering our reputation and reach within the legal cannabis and CBD industries as a trusted referral partner. With this renewed partnership, we look forward to offering more customers – and by extension more end consumers – a taste of our unique terpene innovations.”

KushCo added that ABSTRAX will provide its customers with hyper-customized offerings and free custom terpene profiles.

As well, KushCo said its customers will enjoy early access to ABSTRAX product innovations, such as its terpene-infused pre-roll papers, cones, and wraps.

California-based KushCo Holdings has established itself as a premier provider of ancillary products and services to the global cannabis and CBD industries.

Contact Sean at [email protected]

Story by ProactiveInvestors