Business
Breaking News: Endexx Adds 2,800 Stores and 20 New States in December with 2 Fortune 50 Mass Retail Stores
Breaking News: Endexx Adds 2,800 Stores and 20 New States in December with 2 Fortune 50 Mass Retail Stores.
About this update from Endexx Corp.
[{"type":"text","content":"\n WASHINGTON, Dec. 16, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Endexx Corporation (OTC: EDXC) (the “Company”), a provider of innovative hemp-derived CBD (“cannabidiol”) wellness and health products, announces the Company has surpassed its current store count goal after adding 2,800 stores in the month of December. As previously announced, Endexx recently expanded into 1,000 stores of a major Food/Drug/Mass (“FDM”) retailer chain, continuing an upward trend to place the Company’s product line in stores nationwide. The Company has been keeping up with and utilizing new CBD law changes to navigate the landscape in a targeted approach to find promising growth opportunities. The proposed federal CBD Product Safety & Standardization Act of 2021, recently announced by a bipartisan group of U.S. Representatives, may help create standards that advance this valuable commodity of premium CBD products like those provided by Endexx Corporation. Now in 44 states, Endexx aims to have its products in 20,000 stores, which management believes is a realistic goal, well within reach of the Company by the end of 2022. Endexx features products with controlled dosing, targeted delivery, functional plant-based ingredients and advanced formulas. The Company believes this dedication to quality products offers an experience that customers will enjoy. The success of CBD-focused Endexx products is largely thanks to strong demand and recurring orders placed by major FDM stores. Purchase orders are arriving daily from major retailers and have been accelerating due to consumer demand and sales growth. The Company’s products are also available to consumers nationwide in mass retail pharmacy chains. Endexx recently welcomed Blesswell™ as a new addition to its brand profile. As providers of body, beard, and face solutions to the Ultra-Luxe self-care brand, Blesswell™ aims to make top-shelf grooming products available to every man. As the health and wellness industry is positioned to grow at 6% annually and surpass $6 billion in revenue by 2025, the Blesswell™ wellness brand has its sights on making a strong impact in the CBD marketplace. Having a post-Covid presence in the massive FDM retail space is a significant step in bringing this wellness brand to a nationwide audience througho...