Xtraction Services Holding Corp. announced that it has entered into a definitive agreement and Strategic Partnership and Cooperation Agreement with KushCo Holdings Inc. with regards to KushCo taking a minority ownership position in XS (the “Transaction”). The SPCA will allow both parties to facilitate the establishment of a long term and stable cooperation to share the development of opportunities.

Synergies include but are not limited to the participation in joint marketing and promotional campaigns (including PR, tradeshows, co-branding). XS will have a right of first refusal to provide leasing services to any and all of KushCo's current and future customers; and KushCo will be given right of first refusal to provide its products to any and all of XS's current and future customers.