ENDEXX ORD OTCMKTS: EDXC also known as CBD Unlimited, Inc. (EDXC) with its collaborative partners and consultants, develops and distributes two consumable product lines derived from Hemp, which is all-natural and rich in phyto-cannabinoids. CBD Unlimited provides only the highest quality M3CBD® hemp based nutritional extracts that are rich in non-psychoactive phyto-cannabinoids and terpenoids, and are formulated to the highest standard of purity and “Serving or MG”(milligram) accuracy. Phyto-Bites® is its CBD-infused soft chews for dogs. The dog treats are formulated to promote health and support the reduction of separation anxiety, pain and inflammation.
The company also has two key technology products and services that launched in 2014. Both products provide essential solutions to promote regulatory compliance and full accountability through 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 the first standardized hardware agnostic and software solution for tracking high- risk high-shrink regulated and restricted products that maintains compliance with federal, state and local regulations. It is intended to provide conformity with federal and state mandates. Gorilla-Tek™ is also a commercial-grade inventory control and dispensing device that provides up-to-the-minute accounting details and ensures both product and patient security. By automating the dispensing process, Gorilla-Tek™ increases productivity and reduces costs for retailers, while enhancing their service quality by reducing transaction time for customers.
On March 18, 2019 the company annouced the completion of its FDA label review for entrance into the pharmacy, food, and mass retail sectors.
Following the completion of its FDA label review, CBD Unlimited submitted vendor applications for mass retail and distribution channels. CBD Unlimited recently disclosed a 20% growth rate from retailers. With the company’s new product labeling, CBD Unlimited expects to be in over 30,000 stores by the end of 2020.
“We are thrilled to complete this stage of our FDA label review as we expand into pharmacy, food, and mass retail centers. Label revisions will be ongoing as the regulations for the hemp industry develop. With our new labeling, we expect to continue expanding across several channels – nationally and internationally,” stated CEO & Chairman, Todd Davis. “As we set up our international distribution hub, we are on-path to expand our cannabidiol (CBD) based products to key international markets.”
With the recent passage of The Farm Bill Act in Dec. 2018, CBD Unlimited is well-positioned to expand its product reach at an exponential rate.
Endexx made a major headline when it completed the production of 7.5 million wholesale products to meet initial demand requirements.
CBD Unlimited recently completed another record-breaking quarter with company projections to hit greater milestones this year. CBD Unlimited has illustrated its ability to produce product at full-scale levels and will continue to expand its full-scale production capabilities as demand continues to increase. The company expects demand to accelerate every quarter over the next 2 years.
“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,” commented CEO & Chairman Todd Davis. “With the recent passage of the Farm Bill in December 2018, we are seeing an increase in our national product reach and will be able to deliver to meet these high demand levels.”
The company also annouced the introduction of its Premium Blue Line CBD. The Premium Blue Line was introduced to retail buyers at the ECRM Hemp/CBD Health & Beauty Care conference 2019.
CBD Unlimited’s “Premium Blue Line X” represent the company’s “Controlled-Dosing, Targeted-Delivery and Dual Therapy” product suite. The products have proven to generate the best customer experience and is fully scalable for mass market product and delivery. During the pilot program the suite generated the greatest adoption and reorder rate across all distribution points of sale throughout the United states from 2016-2018.
“We are thrilled to expand our product line to include our new Premium Blue Line X,” commented CEO & Chairman Todd Davis. “We are always innovating and looking for new ways to enhance our family of products. Ultimately, the consumer fuels our innovation. We look at what the consumer calls for and formulate accordingly.”