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.