Smoke Cartel, Inc. (OTCPK:SMKC) agreed to acquire Online Distribution Platform of KushCo Holdings, Inc. (OTCPK:KSHB) for $1.6 million on September 21, 2018. Smoke Cartel issued an aggregate of 1.410415 million shares as part of consideration. As stipulated in the agreement, KushCo will transfer ownership of all Roll-Uh-Bowl assets, including inventory, branding materials, the website and social media, in exchange for shares of Smoke Cartel valued at $1.5 million plus the value of inventory.

Josef Volman, of Burns & Levinson LLP acted as legal advisor to KushCo Holdings, Inc. and Charles J. Bowen of The Bowen Law Group acted as legal advisor to Smoke Cartel, Inc.