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Uptick Newswire Hosts CBD Unlimited, Inc. (Formerly Endexx Corporation) on Their Stock Day Podcast to Discuss Substantial Revenue Increases in 2019 and Recent Changes to The Company
Uptick Newswire Hosts CBD Unlimited, Inc. (Formerly Endexx Corporation) on Their Stock Day Podcast to Discuss Substantial Revenue Increases in 2019 and Recent Changes to The Company.
About this update from Endexx Corp.
[{"type":"text","content":"\nPHOENIX, Feb. 06, 2019 (GLOBE NEWSWIRE) -- Uptick Newswire Stock Day Podcast welcomed CBD Unlimited, Inc. (EDXC), which offers multiple consumable products derived from “Hemp” as well as technology products and services. Founder, Chairman, and CEO, Todd Davis, joined Stock Day host Everett Jolly.\n Jolly began the interview by asking about the Company’s recent announcement of their partnership with Global Financial Ecosystems, Inc. (GFe). Davis explained that GFe is a private company operating out of Canada with relationships across the globe that the Company is looking to distribute their products to. “We’re going to take the international part of Endexx Corporation and then instead of claiming a revenue stream off of it, we’re going to monetize it through an IPO so that every Endexx shareholder will now own a piece of that public company,” stated Davis. Jolly then congratulated Davis on the Company’s 59% increase in revenue over the fourth quarter and asked about the Company’s next steps. Davis explained that since 2014 the Company has been producing multiple product lines around the result of clinical trials and market evaluations, however since the passing of the Farm Bill of 2018 they have become increasingly aggressive in their sales approach. Davis shared that the Company is currently in contact with major pharmacy and retail chains about getting their products out on their shelves, which include both controlled dosing for humans and  CBD-infused dog treats and other products in the wellness industry. In 2019, the Company plans to have their products available in 5,000 stores nationwide which will result in $2 million in sales per month. “Based on the demand that’s currently arising in this industry, there’s not enough supply of the raw ingredients to fill all the demand that’s out there. So, going to market we’re going to be cautious and we’re going to make sure that if we take on 5,000 stores we can deliver to 5,000 stores and never leave those store shelves empty,” stated Davis when discussing the growing demand in the industry and how the Company plans to take their products to market. Jolly then asked Davis whether or not he believes the stock of the Company is currently undervalued. Davis explained that the Company...