KushCo Holdings Forms Advisory Board to Guide Strategic Growth Initiatives

The new advisory board will provide strategic advice and expertise to help accelerate growth, manage risk and enhance operational performance.


GARDEN GROVE, Calif., Nov. 06, 2018 (GLOBE NEWSWIRE) --  PRESS RELEASE -- KushCo Holdings, Inc., the parent company of Kush Supply Co., Kush Energy, The Hybrid Creative and Koleto Packaging Solutions, which provide a range of services and products for a variety of industries including the regulated cannabis and CBD industries, has announced it has formed a new advisory board to provide strategic advice and expertise to help accelerate growth, manage risk and enhance operational performance. Its first three appointments are Matthew Morgan, an entrepreneur and business consultant with leadership experience in the cannabis and other CPG industries, Eric Smith, an industry veteran in the Liquefied Petroleum Gas industry, and Ali Jahangiri, a digital publishing pioneer who has established and grown several businesses.

The advisory board will have experts and influencers from various fields with diverse skills and networks related to the markets in which KushCo operates, and will aid in advancing KushCo’s strategy to become a leading provider of a diverse range of products and services across several industry verticals, both in the cannabis industry and beyond.

Mr. Matthew Morgan is the co-founder of a variety of companies including Reef Dispensaries, Slapps Underwear, Ignite Cannabis Co, Tryke companies, Bloom Dispensaries and Green Axis Capital Corp. among others. Morgan began his business career at an early age in real estate in Montana and used his business savvy to start and grow a cannabis business into a 15,000-square-foot operation in Montana, one of the largest. Morgan subsequently opened a chain of hydroponics stores in Arizona and acquired one of the limited and valuable cannabis business licenses in the state. Morgan and his partner then started Bloom Dispensaries, Reef Dispensaries and Tryke Industries. Reef Dispensaries currently runs six retail locations, two manufacturing plants, and two laboratories in Nevada and Arizona, with over 400 employees. Morgan now does consulting work all over the globe for several different business ventures.

Mr. Eric Smith has been actively involved in the LP-Gas industry since 1989 in both the private and public sectors. Currently he is the director of education and code development for the Nevada Board for the Regulation of Liquefied Petroleum Gas and was previously their chief inspector for 16 years. Smith was a firefighter for 11 years, is actively involved with the National Fire Protection Association (NFPA) code development process and currently serves on six NFPA Technical Committees that regulate the use of liquefied petroleum gas and special effects.

Mr. Ali Jahangiri began his career practicing corporate securities law, but shifted his focus to digital publishing, where he pioneered a digital physician-to-patient and an attorney-to-client interactive platform that was acquired in 2009 and 2011, respectively. Jahangiri currently focuses most his professional efforts in the international investment immigration industry. Jahangiri serves as CEO of two online publication and conference series platforms, Uglobal.com and Eb5investors.com, as well as serves on the Loyola Law School Board of Directors and is a national board member and founding member of Gennext.com, a nationwide organization dedicated to engaging pressing challenges facing future generations. He also serves on the Ubuntu Council for CTAOP (Charlize Theron Africa Outreach Program) which supports organizations through grant giving with a hands-on approach to prevent HIV. Jahangiri was also appointed by Gov. Schwarzenegger in 2009 and 2010 to various California State Boards and Commissions.

“As we continue to expand the business, forming a well-rounded advisory board will serve as an additional resource to guide our rapid growth. We plan to add more experts to the advisory board, across a range of relevant industries over time, to provide diverse and complementary insights to the different areas of our business we service today, as well as how we will evolve in the future,” said Nick Kovacevich, chief executive officer of KushCo. “Mr. Morgan, Mr. Smith and Mr. Jahangiri each bring a wealth of skills and experience to KushCo that will assist in positioning the company for sustained, accelerated growth, both within the expanding cannabis market as well as the new markets we are targeting. Together, they provide a diversified set of skills, supported by strong networks, that will help us navigate the challenges we face as a rapidly growing public company and help better position us to achieve our lofty goals. I look forward to their close involvement in the next phase of the company’s evolution.”

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