CBD Unlimited Inc. Named In ‘Who’s Who In CBD 2020’ By Drug Store News
CBD Unlimited Inc. (OTC PINK: EDXC) this week (April 15, 2020) was named by Drug Store News (DSN) in its “Who’s Who In CBD 2020” feature, describing its product expansion in the booming industry. The company was cited for its growth in topical products, adding two more to the two it already markets. It also mentioned that CBD Unlimited Inc. (OTC PINK: EDXC) is adding two ingestible products which consist of hemp-infused chocolates and honey sticks.
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), Supreme Cannabis Co. (OTC: SPRWF) and OrganiGram Holdings Inc. (NASDAQ: OGI).
CBD Unlimited Inc. (OTC PINK: EDXC) Named In ‘Who’s Who In CBD 2020’ By Drug Store News
The DSN roundup feature not only highlighted CBD Unlimited Inc. (OTC PINK: EDXC) for its new products, but it also described the company’s line of oils, capsules, topicals and pet products, all focused on therapeutic and pain relief for humans and pets. The DSN article also named: Charlotte’s Web (NASDAQ: CWBHF), which recently acquired Abacus Health Products (OTC: ABAHF), The Alkaline Water Company (NASDAQ: WTER), cbdMD (NYSE: YCBD) and CV Sciences (OTC: CVSI), among others.
CBD Unlimited Inc. (OTC PINK: EDXC) Projects Greater Than Tripling Product Placement To 200,000+ Stores In 3-5 Years
CBD Unlimited Inc. (OTC PINK: EDXC) inclusion in DSN’s “Who’s Who In CBD 2020” roundup article this week fittingly comes at a time of expansion for the company. Just this week CBD Unlimited Inc. (OTC PINK: EDXC) announced it was projecting that it will more than triple its product placement from the current 60,000 stores to more than 200,000+ in 3-5 years as part of an aggressive new distribution program with an early stage roll out beginning in Q3. It focuses growth in the pharmaceutical and grocery/natural food channels as well as independents. Mass market pharmacy is a specialty retail segment covered by DSN, and CBD Unlimited Inc. (OTC PINK: EDXC) is extending its retail distribution within that retail channel. It already appears on the shelves of national pharmacy chain Walgreen’s. DSN, a B2B publisher, says it serves the retail pharmacy industry with a qualified circulation of 32,500 monthly subscribers.
CBD Unlimited, Inc. (OTC PINK: EDXC) Plans To Reach 200,000+ Stores In 3-5 Years
Todd Davis, CEO of CBD Unlimited, Inc., addressed the company’s new distribution program: “The aggressive positioning from our distributors and phenomenal cooperation with retail accounts has made it possible for us to project retail door count opportunities to increase from 60,000 stores to estimates of over 200,000 stores, which include retail distribution points, over the next 3-5 years,” Davis said. CBD Unlimited Inc. (OTC PINK: EDXC) Projects Greater Than Tripling Product Placement To 200,000+ Stores In 3-5 Years.
Davis added, “Key partners are critical to both short-term execution and long-term success. Strategically speaking, we will not disclose our partner names until our market penetration is well underway, and once a dominant foothold in the retail space is fully established. CBD Unlimited will continue to focus on anticipating customer needs and will do our part to advance the CBD industry with our unique scientific and fully compliant hemp formulations.
CBD Unlimited, Inc. (OTC PINK: EDXC) Readies Expansion Growth In The Caribbean And Polynesian Markets
The aggressive expansion program in 2020 includes international growth as well as the significant spike readied for North America. CBD Unlimited Inc. (OTC PINK: EDXC) is focusing on the Caribbean and Polynesian channels for quick increases as well. The company’s products are being positioned into highly competitive and growing CBD and hemp markets. CBD Unlimited Inc. (OTC PINK: EDXC) Projects Greater Than Tripling Product Placement To 200,000+ Stores In 3-5 Years.
CBD Unlimited, Inc.’s (OTC PINK: EDXC) 101% Sales Increase
The company recently reported it reached sales of $1+ Million in Q2 this year, the three months ending March 31. CBD Unlimited (OTC PINK: EDXC) had reported significant growth performance in 2019 when it announced a 101% annual increase in revenues and is on track to continue its upward growth trajectory and surpass year-over-year guidance and goals.
Davis of CBD Unlimited, Inc. (OTC PINK: EDXC) discussed in a NASDAQ MarketSite interview with reporter Jane King the company’s aggressive sales plans. The interview can be seen and heard on a YouTube video online. He also talks about the company’s sales strategy overseas.
CBD Unlimited, Inc. (OTC PINK: EDXC) Carefully Controls Product Quality
CBD Unlimited, Inc. (OTC PINK: EDXC) ensures that its CBD product is monitored every step of the way: from U.S. hemp growing, processing and marketing. A seed-to-shelf strategy ensured the company carefully controls its product quality and consistency. The consumer can be confident of the brand and investors in the company can be assured of its attention to controlling product quality, producing CBD products from hemp sourced and grown in Colorado and Kentucky under USDA and state regulations.
CBD Unlimited, Inc. (OTC PINK: EDXC) develops and distributes all-natural CBD products derived from hemp. Its portfolio of products includes oils, capsules, topicals for humans and specially formulated pet products. Phyto-Bites are soft chews for animal use designed to reduce inflammation, pain and separation-anxiety The company’s CBD hemp product has premium genetics and superior quality. The extracts in its products are rich in phyto-cannabinoids and terpenoids that are non-psychoactive.
Source: Stock Market Press
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