Skip to main content

CBD Unlimited Provides Quarterly Update and Reports Record Revenues

Written by Customer Service on . Posted in Public Companies.

Nasdaq Interview with Jane King
CAVE CREEK, AZ, April 06, 2020 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE ‒ CBD Unlimited, Inc. (EDXC), formerly known as Endexx Corporation, a provider of innovative phytonutrient-based food and nutritional products, is pleased to provide a quarterly update on its operations and announce that its latest interview with Jane King is now publicly available.   The full interview may be found here: https://www.youtube.com/watch?v=DyNHlved1GwThe Company generated over a million in quarterly sales, which illustrates an accelerated growth curve year-over-year. The Company landed a million-dollar deal in its second quarter and is pleased to recognize the revenues this quarter.First Quarter FY2020 Milestones and Highlights:Announced the acquisition of Kush, Inc., a media driven entity specializing in building brands through ecommerce, strategic marketing, and networkingAppointed Daniel S. Brandwein, D.P.M., F.A.C.F.A.S. and Alcohol/beverage marketing expert Peter Governale to the Company’s Board of DirectorsLaunched its first phase of product testing for the company’s new equine CBD product line, TrailRMix™Unveiled new products at ECRM 2020 by launching its new Value-line, along with CBD-infused chocolates and honey sticksCBD Unlimited’s CEO and Chairman, Todd Davis, re-joined Jane King to provide an update on the Company’s market store expansion, national and international growth strategy, subscription model, product suite update and its rapidly growing e-commerce platform. Natural food stores, grocery chains, and big-box pharmacies are reordering CBD Unlimited’s innovative product line of scientifically formulated CBD enhanced topicals.“During this unprecedented time, we hope that everyone is continuing to focus on their long-term health and wellness. During this quarter, we achieved impressive sales and orders directly related to our market store expansion strategy. We forecast that CBD Unlimited will again hit its year-end goal of 20,000 stores roughly 2-5 months early. In addition, our revamped e-commerce website now allows online shoppers to locate the nearest store that carries CBD Unlimited products as well as order online,” commented CBD Unlimited’s Chief Executive Office and Chairman, Todd Davis. 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.Website: www.cbdunlimited.com  Safe Harbor NoticeThis 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
Todd@cbdunlimited.com
480-595-6900

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.