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KushCo Holdings Inc (OTCQX:KSHB) reported third-quarter 2021 revenue of $28.3 million, a 27% year-over-year increase, boosted primarily by an increase in sales to the company’s top 25 customers that included leading multi-state operators (MSOs), licensed producers (LPs), and brands. KushCo also realized an improvement in its quarterly adjusted EBITDA with a loss of $1.1 million in 3Q, compared with a deficit of about $2.7 million during the same period last year, mainly as a result of higher revenue and company-wide cost reductions.
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