Ben Wu steps down as Chief Operating Officer; CFO Jim McCormick adds COO to role
CALIFORNIA: Kush Bottles, a leading provider of packaging, supplies, vaporizers, accessories and branding solutions for the regulated cannabis industry, announced today that Ben Wu, who has served as Chief Operating Officer since 2014, will step down effective today, January 12th, 2018. Mr. Wu will continue to support the Company as an independent consultant for a minimum of six months focusing his efforts towards ongoing projects. As a result, Mr. Jim McCormick will assume the role of Chief Operating Officer in addition to continuing to serve in his current capacity as Chief Financial Officer.
“I would like to thank Ben for all his contributions to Kush Bottles, which have helped to grow the Company into the cannabis industry’s leading supplier of packaging, supplies and other ancillary products, and I wish him all the best for the future,” commented Nicholas Kovacevich, Chief Executive Officer of Kush Bottles. “Jim is more than qualified to take over the COO responsibilities having previously been general manager leading multi-market operations in the tobacco industry. He has made a significant positive impact on the organization during his short tenure with the Company leveraging his experience and business acumen. As we enter 2018, we look forward to leveraging this platform and continuing to build shareholder value.”
Jim McCormick, Chief Financial Officer and Chief Operating Officer, commented, “Since joining Kush Bottles last year, I have been extremely impressed with the professionalism and efficiency with which the Company is run. Kush Bottles has invested significantly in facilities, technology, and systems to support its development, and is implementing a multi-faceted growth strategy to drive sales and build value for shareholders through a combination of organic growth and M&A activity. I remain excited about the significant growth opportunities ahead of us at this exciting stage of the Company’s development.”