“Company views item supplying as a crucial step in combatting the black industry and illicit operators”
GARDEN GROVE, CA / ACCESSWIRE / September 16, 2019 / KushCo Holdings, Inc. (OTCQX:KSHB) (”KushCo” or the ”Company”), nowadays announced it has entered an exclusive distribution agreement with De La Rue, a worldwide leader in anti-counterfeiting and authentication options. In accordance with the agreement, KushCo will provide the increasing cannabis business typical and custom branded anti-counterfeit safety labels. The option will also give one of a kind IDs to assistance item serialization and a digital verification technique to allow authentication all through the regulated cannabis provide chain.
The regulated cannabis business is becoming actively targeted by counterfeiters aiming to advantage from the industry’s explosive development. The KushCo proposition will give businesses with enhanced packaging, with the most safe visual authentication technologies applying 3D photopolymer photos, one of a kind serialization, e-verification, label tracking, and information capturing capabilities.
It is our duty as a leader in the space to create customer trust in addition to empowering governments and brands. Counterfeit merchandise undermine the genuine cannabis business by hurting sales, cheating governments out of tax income, and eroding customer self-assurance even though placing their well being at danger. KushCo desires to give the tools for our customers to have higher transparency and accountability.
Nick Kovacevich, KushCo’s Chief Executive Officer.
Andrew Clint, Managing Director of De La Rue’s Authentication small business, stated:
“As the legalized cannabis business matures and businesses appear to guard their buyers, strengthen regulatory compliance and introduce worldwide trace capabilities, we are satisfied to companion with KushCo to allow the provision of item authentication labels and anti-counterfeit solutions to their buyers. We appear forward to supporting their initiatives to guard against fraudulent merchandise and to allow their customers to safeguard their brand equity and reputation.”
De La Rue plc functions with more than 140 nations, prints 7 billion banknotes and additional than eight billion item authentication labels every single year. These labels function across numerous stakeholders, are developed to properly recognize and track genuine merchandise via the provide chain, and can be applied to any income-creating item sort like tobacco, alcohol and legalized cannabis.
For additional data on how KushCo is safeguarding buyers, empowering regulatory bodies, and making certain compliance all through the complete worldwide and regulated cannabis provide chain, please evaluation the Company’s complementary compliance presentation, which can be identified on KushCo’s IR web site at ir.kushco.com.
About KushCo Holdings
KushCo Holdings, Inc. (OTCQX: KSHB) (www.kushco.com) is the premier producer of ancillary merchandise and solutions to the cannabis and hemp industries. KushCo Holdings’ subsidiaries and brands give, item excellent, exceptional buyer service, compliance understanding and a nearby presence in serving its diverse buyer base.
Founded in 2010, KushCo Holdings has now sold additional than 1 billion units to growers, processors and producers across North America, South America, and Europe.
The Business has been featured in media nationwide, like CNBC, Los Angeles Instances, TheStreet.com, and Entrepreneur, Inc Magazine. Whilst KushCo Holdings gives merchandise and options to buyers in the cannabis and CBD industries, it has no direct involvement with the cannabis plant or any merchandise that include THC or CBD.
For additional data, take a look at www.kushco.com or get in touch with (888) 920-5874
About De La Rue
De La Rue’s objective is to allow each and every citizen to participate securely in the worldwide economy. As a trusted companion of governments, central banks and industrial organizations, De La Rue gives merchandise and solutions that underpin the integrity of trade, private identity and the movement of goods.
As the world’s biggest designer and industrial printer of banknotes, De La Rue styles, manufactures and delivers banknotes, banknote substrates and safety attributes to buyers in a globe exactly where currency will continue to be a crucial aspect of the creating payments eco-technique. De La Rue is the only completely integrated supplier of each paper and polymer banknotes and creates safety attributes that make certain banknotes are protected against counterfeiting.
De La Rue also creates and delivers safe item identifiers and ‘track and trace’ application for governments and industrial buyers alike to enable to tackle the challenge of illicit or counterfeit goods and the collection of income and excise duties. De La Rue produces additional than eight billion item authentication labels every single years and is a trusted companion safeguarding some of the world’s biggest brands against counterfeit goods.
De La Rue is listed on the London Stock Exchange (LON-DLAR). For additional data take a look at www.delarue.com
Original Press Release