Business
Endexx Reports Record Sales for the Second Quarter Ended March 31, 2017
Endexx Reports Record Sales for the Second Quarter Ended March 31, 2017.
About this update from Endexx Corp.
[{"type":"text","content":"\n \n \n Endexx Reports Record Sales for the Second Quarter Ended March 31, 2017\n \n \nEndexx Reports Record Sales for the Second Quarter Ended March 31, 2017\n\nCompany generates 47% sequential quarterly sales growth\n\n \n CAVE CREEK, AZ--(Marketwired - May 16, 2017) - Endexx Corporation (OTC PINK: EDXC), a provider of innovative phyto-nutrient based food and nutritional products, is pleased to report record sales growth for the second quarter of fiscal 2017. For the three months ended March 31, 2017, the Company generated $126K in sales, representing a 47% sequential quarterly increase and a year-over-year revenue growth of 176%.\n Second Quarter 2017 Milestones and Updates:\n \n \n Began mass production of Third Eye Chai, its CBD-Infused Gourmet Tea Beverages with The Mad Hatter Coffee & Tea Co.\n \nLaunched its new website Phytobites.com to provide a quick and easy access to drive additional sales channel for Phyto-Bites®, its CBD-infused soft chews for dogs.\n \nClosed on its acquisition of Phyto-Labs LLC to vertically integrate its operations and further develop proprietary formulas for flavored CBD beverages.\n \nCEO Todd Davis was featured on Fox News Phoenix live to speak on Phyto-Bites®.\n \n \n \"We have received a lot of positive reception for Phyto-Bites® and have built an infrastructure to support the growth which we expect to increase substantially in the coming quarters. We are a leader in consumable product lines derived from industrial hemp, which is organic and naturally rich in phytocannabinoids, and are also excited by our CBD-infused gourmet tea 'Third Eye CBD Chai', released with our partner The Mad Hatter Coffee and Tea Company. The first production run has completed and has officially launched into sales and delivery. Lastly, we expect a lot of exciting product launches from our Phyto-Labs acquisition. We have recognized that with each new launch, we have seen dramatic sales increases, as our customers are confident in our products,\" stated CEO Todd Davis.\n Endexx was recently featured in an NBC News sweeps week special report. The report highlighted Endexx's approach to the science and education aspect of bringing Cannabidiol and other Phyto-nutrients to the market. The story has generated significant interest in the company. To access the full video please visit: https://www...