CBD Industry Seeks Quality Product, Aggressive Marketing And Line Expansion To Win Market Share
In CBD, a rare combination of quality product, aggressive marketing and a willingness to expand product lines is vital to gain market share. CBD Unlimited, Inc. (OTC PINK: EDXC), a provider of phytonutrient-based food and nutritional products, met that criteria again when it announced on March 5, 2020 it had acquired Kush, Inc. The New York-based branding and development company enables CBD Unlimited the ability to expand its product range to ‘sustainable alternatives and clothing brands under the Kushwear name,’ according to Todd Davis, CEO and chairman of CBD Unlimited, Inc.
The CBD market has drawn intense interest from media companies. stockmarketpress.com features specialized coverage of CBD related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB) and OrganiGram Holdings Inc. (NASDAQ: OGI).
CBD Industry Seeks Quality Product, Aggressive Marketing And Line Expansion To Win Market Share
CBD is a fast-growing industry that requires diversity in quality products, control over product branding and marketing and an ability to expand or extend product lines to the consumer. CBD Unlimited, Inc. (OTC PINK: EDXC) exhibited its commitment to grow into natural products when earlier this week it acquired Kush, Inc., as it seeks to expand product range. Charlie Mohr, Kush president and founder, will join CBD Unlimited, Inc. (OTC PINK: EDXC) full time in the new wholly-owned subsidiary. CBD industry seeks quality product, aggressive marketing and line expansion to win market share.
Todd Davis, CEO and chairman of CBD Unlimited, Inc. (OTC PINK: EDXC) has already shown market leadership by offing consumers and retailers a diverse CBD line of quality product sourced from U.S. grown hemp. By acquiring Kush, Inc., and hiring its president and founder full-time, Davis has made an important commitment to line expansion. He said, “Acquiring Kush, Inc., will support CBD Unlimited’s growth strategy as we develop into new markets. We look forward to extending our product pipeline to sustainable alternatives and clothing brands under the Kushwear name. We plan to remain innovative for our customers as the Company expands its network, now with the addition of Charlie Mohr joining the team and providing his unmatched proficiency in this space.”
He added that CBD Unlimited, Inc. (OTC PINK: EDXC) will work closely with the Kush, Inc., research and development team to expand its range of products in the future.
CBD Unlimited, Inc. (OTC PINK: EDXC), based in Cave Creek, Arizona, says it has seen a global interest in transitioning to natural products. Kush, Inc., owns kushwear.net and supports labels known for manufacturing, selling and distributing hemp-derived material and other bio-products that are sustainable. CBD industry seeks quality product, aggressive marketing and line expansion to win market share.
CBD Unlimited (OTC PINK: EDXC) Significant Growth Performance In 2019
CBD Unlimited (OTC PINK: EDXC) exhibited significant growth performance in 2019 of a 101% annual increase in revenues and placement in greater than 5,000 stores. Now the company remains on track to continue its upward growth trajectory and surpass year-over-year guidance and goals. CBD Unlimited, Inc.’s (OTC PINK: EDXC) acquisition of Kush, Inc. documents its appetite to expand product range to the consumer. CBD industry seeks quality product, aggressive marketing and line expansion to win market share.
CBD Unlimited’s (OTC PINK: EDXC) Products Include Oils, Capsules, Topicals and Pet Products
CBD Unlimited (OTC PINK: EDXC) develops and distributes all-natural CBD products derived from hemp and markets oils, capsules, topical and pet products. Phyto-Bites are soft chews for animal use designed to reduce inflammation, pain and separation-anxiety. It also has CBD products formulated for humans. It pays careful attention to quality: its hemp-sourced product has premium genetics and superior quality. The extracts in its products are rich in phyto-cannabinoids and terpenoids that are non-psychoactive, the company’s Corporate Presentation says.
CBD product quality is ensured by CBD Unlimited, Inc.’s (OTC PINK: EDXC) strategy of seed-to-shelf marketing. This focus ensures that its CBD product is monitored every step of the way: from U.S. hemp growing, processing and marketing. The consumer can be confident of the brand and investors in the company can be assured of its attention to quality. Its sourced hemp is grown in Colorado and Kentucky under USDA and state regulations.
Why Kush, Inc. Acquisition Is Key To CBD Unlimited, Inc. (OTC PINK: EDXC)
Kush, Inc., is a branding and development company that builds brands through strategic marketing and relationships. It specializes in branding and acquisition opportunities in the sustainability and holistic health-related arenas. Making the acquisition and hiring full time Charlie Mohr, company president and founder, is important for CBD Unlimited, Inc. (OTC PINK: EDXC). It ensures continuity, vibrant new product development and continues those relationships for future marketing and sourcing as it seeks to expand its product range.
Source: Stock Market Press
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