Business
Endexx Posts Revenue-Breaking Quarter for Q3 2017
Endexx Posts Revenue-Breaking Quarter for Q3 2017.
About this update from Endexx Corp.
[{"type":"text","content":"\n \n \n Endexx Posts Revenue-Breaking Quarter for Q3 2017\n \n \nEndexx Posts Revenue-Breaking Quarter for Q3 2017\n\nCompany Generates Another Consecutive Quarter of Record Breaking Revenues from its CBD Product Sales\n\n \n CAVE CREEK, AZ--(Marketwired - Aug 22, 2017) - Endexx Corporation (OTC PINK: EDXC), a provider of innovative phyto-nutrient-based food and nutritional products, is pleased to report another record sales growth quarter for its third quarter of fiscal 2017. For the three months ended June 30, 2017, the Company generated $142K in sales, representing a 13% sequential quarterly increase and a year-over-year revenue growth of 237%.\n Third Quarter 2017 Milestones and Updates:\n \n \n Received state pharmacy approval for its AutoSpense alternative delivery system in Iowa for prescription will-call and retail pharmacy sales support.\n \nAppointed Dr. Daniel Kiddy as Chief Medical Officer of Endexx, assigned to manage and oversee recent acquisition of Phyto-Labs, LLC division.\n \nBegan shipment of Third Eye Chai, the Company's CBD-Infused gourmet tea beverages, to pre-order customers with the first batch consisting of over 28,000 tea bags.\n \nManagement presented at Planet MicroCap Showcase 2017, Marcum Conference New York and the LD Micro Invitational Conference.\n \nUnveiled two new product from Phyto Labs LLC- its Amrita™ is aimed at enhancing energy and recovery, and Nightcaps©, is a night-time and plane travel sleep aid\n \n \n CEO Todd Davis commented, \"We generated yet another record-breaking quarter based on the success of our product launches. This past quarter was extremely exciting as it reinforced the strength of our acquisition and product launch strategy. Endexx advanced these efforts with the launch of Amrita™, our uniquely flavored cannabidiol (CBD) beverages aimed to enhance energy and recovery, and Nightcaps©, a night-time and plane travel sleep aid. These new products add to our growing collection of products including teas, oils, capsules, chews for dogs and many other products that offer many beneficial features. Our products have generated a lot of interest and with each product launch, we have noticed a significant spike in sales for our other products, a key indication in how our products are complimentary in the wellness ...