KSHB Stock Hits Multi-Year Low on Secondary Offering

KSHB stock

KSHB stock is the biggest loser in the cannabis sector in September, with a slump of 58%. On Thursday, KushCo stock had one of the biggest one-day falls after KushCo Holdings Inc. (OTCQB:KSHB) announced a secondary offering priced at a steeper discount to the market price.

Struggling Time

The past few months have not been a particularly great time for the cannabis sector, and even now, some companies are struggling for a variety of reasons. One company that is currently struggling is KushCo Holdings. The company is not a cannabis producer but instead makes ancillary products ...

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