GARDEN GROVE, Calif., March 12, 2019 – PRESS RELEASE – KushCo Holdings, Inc., in line with its previously announced sustainability initiatives, has announced it has signed a long-term development and distribution agreement with IEKO Corporation for the production of compostable and biodegradable packaging products for use in the cannabis and CBD industries.
Pursuant to the agreement, IEKO will work with KushCo to develop formulations and products designed for the unique demands of the cannabis and CBD industries, while ensuring that all new products are environmentally friendly by featuring proprietary, biodegradable materials from renewable resources. All packaging solutions produced under the agreement will be tested using ASTM and BPI standards to guarantee proper certification. Additionally, IEKO will provide dedicated research and development, quality control and account management personnel.
KushCo Holdings’ Chief Executive Officer, Nick Kovacevich commented, “It’s our responsibility to reimagine our products today to ensure the viability of our planet tomorrow. Customers are demanding an environmentally conscious solution for their everyday packaging needs. Partnering with Bob Meers and IEKO is a huge win for us. It’s inspiring to see the former CEO of Reebok and Lululemon so impassioned about the environment and I’m honored to be a part of the eco-sustainability movement our customers are yearning for. With a demonstrated ability to design and produce ground-breaking products, we are confident in the capabilities of the IEKO team and look forward partnering with one of California’s top packaging engineers.”
Robert J. Meers, chief executive officer, said, “Our partnership allows us to be a vertically-integrated formulating, compounding, processing and producing solution committed to making 100-percent commercially compostable, sustainable packaging without exception. Partnering with KushCo gives us the ability to continue to develop the next generation of renewably resourced, zero-waste packaging materials and we are thrilled to be partnering with a company that shares our commitment to the IEKO mission of ‘do no harm.’"
