KushCo Holdings Inc. (KSHB) To Restate Financial Statements

KushCo Holdings Inc. (KSHB), a publicly-traded company that sells a variety of cannabis-related products, is being investigated by Silver Law Group on behalf investors concerning whether the company and its officers or directors may have violated federal securities laws as well as violations by the selling stockbrokers.

If you are an investor and have suffered a loss with this company, you may be able to recover some of your losses.

In April, 2019, KushCo announced that it was restating its financial statements for 2017 and 2018 for expenses related to its acquisitions of CMP Wellness, Summit Innovations, and Hybrid Creative.

The next day, KushCo’s stock closed the trading session down almost 8%, causing significant losses for investors who owned the stock.

In 2018, KushCo offered warrants to purchase up to 3,238,095 shares of its common stock at $5.25 per share, for a total gross public offering of $33,999,998. They retained A.G.P./Alliance Global Partners as lead placement agent, and Compass Point Research & Trading, LLC as co placement agent.

If you were a KushCo Holdings Inc. (KSHB) shareholder and want to learn more about your legal rights, contact the Silver Law Group.

Silver Law Group represents the interests of investors who have been the victims of investment fraud. Our attorneys represent investors in claims against stockbrokers through FINRA or securities arbitration in state or federal court against the issuers. Scott Silver is the chairman of the Securities and Financial Fraud Group of the American Association of Justice and represents investors nationwide in securities investment fraud cases. Please contact Scott Silver of the Silver Law Group for a free consultation at ssilver@silverlaw.com or toll free at (800) 975-4345.