Breaking #CBD #Stock News - CBD Unlimited
(OTC: $EDXC) CBD
Unlimited Secures additional Distribution Channels, @CBDUnlimited_
●
Early
stage roll-out begins Q3 2020
●
Established
contracts in 2019 with market partners in the pharmaceutical and natural foods
industries continues to expand
CAVE CREEK, AZ, April 16, 2020 ‒ (Investorideas.com newswire) – Breaking cannabis/CND stock news
- CBD Unlimited, Inc. (OTC:
EDXC), formerly known as Endexx
Corporation, a provider of innovative phytonutrient-based food and nutritional
products, is pleased to announce it has fortified its commitment in providing
high quality, properly dosed hemp products through new extended distribution channels
that were attained over the last year. The vigorous positioning and growth
directives achieved reflect the scope of business ventures, resulting in an
expanded network in the pharmaceutical and grocery/natural food channels, as
well as, independent retailers.
Read
this news featuring EDXC in full at https://www.investorideas.com/news/2020/cannabis/04161OTCEDXC-DistributionChannels.asp
“The aggressive positioning from our distributors and
phenomenal cooperation with retail accounts has made it possible for us to
project retail door count opportunities to increase from 60,000 stores to
estimates of over 200,000 stores which include retail distribution points over
the next 3-5 years,” commented CBD Unlimited’s Chief Executive Officer and
Chairman, Todd Davis. “Key partners are critical to both short-term execution
and long-term success. Strategically speaking, we will not disclose our partner
names until our market penetration is well underway, and once a dominant foothold in the retail space
is fully established. CBD Unlimited will continue to focus on anticipating
customer needs and will do our part to advance the CBD industry with our unique
scientific and fully compliant hemp formulations.”
In 2020, the Company initiated and established
additional contracts in North America as well as the Caribbean and Polynesian
channels for significant growth targets. The agreements will authorize the
Company to enter several regional and international Mass Retail, Drug and convenience
store chains. CBD Unlimited’s new market partners are aggressively positioning
its products into the highly competitive and accelerating CBD and hemp markets.
About
CBD Unlimited, Inc.
CBD Unlimited, Inc. develops and distributes all-natural
CBD products derived from cannabis sativa plant (Hemp), containing less than
0.01% THC. Its products range from oils, capsules, topicals, and pet products,
all with the shared purpose of therapeutic and pain relief for humans and pets.
Phyto-Bites are CBD soft chews for animal use that are formulated to promote
health and support the reduction of separation anxiety, pain, and inflammation.
The science behind these products involves over half a decade of research and
experiments in order to protect the accuracy in dosage and delivery of
absorption per each serving.
In the interest of providing conformity with federal
and state mandates, the company has incorporated the “Gorilla-Tek” platform
into its business practices. The Gorilla-Tek platform is the first standardized
hardware agnostic and software solution that tracks high-risk, high-shrink
regulated, and restricted products maintained under federal/state/local
compliance. The platform provides asset protection, inventory management,
compliance and an “end of sale” technology integration. Based on principles
developed by the pharmacological industry, the integrated “Gorilla-Tek”
platform is tremendously efficient as it provides up-to-the-minute accounting
and product details. Gorilla-Tek increases productivity while reducing costs
for retailers and costs in time for customers.
Safe
Harbor Notice
This press release may contain “forward-looking
statements” within the meaning of the Private Securities Litigation Reform Act
of 1995, such as statements relating to financial results and plans for future
development activities and are thus prospective. Forward-looking statements
include all statements that are not statements of historical fact regarding
intent, belief or current expectations of the company, its directors or its
officers. Investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, many
of which are beyond the company’s ability to control. Actual results may differ
materially from those projected in the forward-looking statements. Among the
factors that could cause actual results to differ materially from those
indicated in the forward-looking statements are risks and uncertainties
associated with the company’s business and finances in general, including the
ability to continue and manage its growth, competition, global economic
conditions and other factors discussed in detail in the Company’s periodic
filings with the Securities and Exchange Commission. The company undertakes no
obligation to update any forward-looking statements.
For
further investor and media information, contact:
CBD Unlimited, Inc.
Todd Davis
Chairman & CEO
480-595-6900
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