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ENDEXX ORD (OTCMKTS:EDXC) To Open Approximately 5000 Stores Nationwide

ENDEXX ORD (OTCMKTS:EDXC), now CBD Unlimited, today stated its pivotal strategic initiatives. The CEO of the company, Todd Davis, says it was impressive for the company to have surpassed the set year-end target. The plan was to set up about 5,000 retail stores, and despite a few challenges, this has been achieved.

Steps to reach company goals

Davis opined, “With energetic determination, we continue to see tremendous growth in demand, both nationally and internationally. Our focus remains with our consumers and stakeholders as we continue to expand our product reach.”

The official added that they were in talks with some other leading retailers to discuss ways to enhance business. Market observers have also commented, saying that indeed, the company has ramped up its business operations at an exponential rate. They have also congratulated the company for hitting its set target three months before the targeted time.

When the demand for superior CBD products surged, CBD Unlimited, with immediate effect, knew more work was to be done. That is why it took to set up a robust pilot program. It made this announcement in mid-July 2019. In the near term, the business giant hopes to have established between 8,000-10,000 stores.

CBD Unlimited says it will continue doing its best to become one of the leading contributors to the dynamic industry. It states that in the previous year it increased its stores by 500%. This percentage represents a rise in the store count from 1000 to about 5000 or even more.

Focus into the future

CBD Unlimited says it won’t hesitate to take up any business growth opportunity that might present itself. The CBD market is booming at the moment. This business sees the roll-out plans as its ticket to generating higher revenues.

The 5000 figure comprises of some 4000 plus Major Drug and Grocery Outlets and 300 convenient stores. The remaining 1000 has Wellness centers, Doctor’s offices, independent retail stores, and Vet and Animal care facilities.

CBD Unlimited has several long-term goals. However, the most outstanding is marketing and selling its products on a wider scale. The company hopes to increase its customers, even on a global scale.

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Marijuana

CBD Unlimited Reaches 7.5 Million Wholesale Products Completion Milestone

CBD Unlimited, previously known as ENDEXX ORD (OTCMKTS:EDXC) announced a few days ago that it successfully achieved one of its major production milestones for 7.5 Million Wholesale Products to fulfill its initial demand requirements.

The announcement marks a major achievement for the company which deals with innovative phytonutrient food products as well as nutrients. The production milestone also marks another great quarter for CBD Unlimited and it hopes to achieve bigger targets before the end of 2019. The company has demonstrated its ability to run its production activities at full scale.

“Last year, we grew CBD Unlimited’s distribution to over 1,000 distribution channels. With full-scale production capabilities, we are confident that we will reach at least 5,000 by 2020,” stated Todd Davis, the Chairman, and CEO of CBD Unlimited.

The recently passed Farm Bill contributed to heavy market demand

Davis also noted that the Farm Bill which was passed into law in December last year played a role in the surging demand that the company experienced in Q1 2019. According to the CEO’s statement, the company’s national product reach has been growing. He also believes that this growth will allow the company to satisfy the high demand in the market. CBD Unlimited hopes to continue expanding its production capacity in line with the growing demand. The firm also expects demand to continue growing over the next two years.

CBD Unlimited has been nurturing a strong product portfolio

CBD Unlimited has two main technology products and services that it introduced in 2014, and two hemp-derived all-natural, consumable products that it develops and distributes to the market. One of the products is a trademarked, CBD-infused dog chew called Phyto-Bites. The product is designed to reduce inflammation, pain and separation anxiety.

The company recently introduced its Premium Blue Line CBD to retail customers in March this year during the 2019 ECRM Hemp/CBD Health & Beauty Care conference. The product is a duo-therapy and targeted-delivery product suite that features controlled dosing. The products have so far achieved a strong level of positive customer experience and can be fully scaled for mass market production as well as delivery.

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