FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Kovacevich Nicholas
2. Issuer Name and Ticker or Trading Symbol

KushCo Holdings, Inc. [ KSHB ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__X__ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Chairman and CEO
(Last)          (First)          (Middle)

C/O KUSHCO HOLDINGS, INC., 6261 KATELLA AVENUE, SUITE 250
3. Date of Earliest Transaction (MM/DD/YYYY)

8/28/2020
(Street)

CYPRESS, CA 90630
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Option to Purchase $2.39 8/28/2020  D     120000   (1)11/13/2027 Common Stock 120000.0  (2)0 D  
Option to Purchase $5.21 8/28/2020  D     175000   (3)10/23/2028 Common Stock 175000.0  (4)0 D  
Option to Purchase $0.58 8/28/2020  A   80000     (1)11/13/2027 Common Stock 80000.0  (2)80000 D  
Option to Purchase $0.58 8/28/2020  A   100000     (3)10/23/2028 Common Stock 100000.0  (4)100000 D  

Explanation of Responses:
(1) One hundred percent of the shares underlying the option shall be deemed to be fully vested on November 14, 2019.
(2) On August 28, 2020, the issuer canceled, pursuant to the issuer's option exchange program, an option for 120,000 shares of KSHB common stock granted to the reporting person on November 14, 2017. In exchange, the reporting person received a replacement option, for 80,000 shares, having an exercise price of $0.58 a share.
(3) One-third of the shares underlying the option shall be deemed to be vested on the one-year anniversary of October 24, 2018, with the remainder vesting in equal monthly installments over 24 months.
(4) On August 28, 2020, the issuer canceled, pursuant to the issuer's oyption exchange program, an option for 175,000 shares of KSHB common stock granted to the reporting person on October 24, 2018. In exchange, the reporting person received a replacement option, for 100,000 shares, having an exercise price of $0.58 a share.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Kovacevich Nicholas
C/O KUSHCO HOLDINGS, INC.
6261 KATELLA AVENUE, SUITE 250
CYPRESS, CA 90630
X
Chairman and CEO

Signatures
/s/ Nicholas Kovacevich9/1/2020
**Signature of Reporting PersonDate