CBD Unlimited Inc. Projects Greater Than Tripling Product Placement To 200,000+ Stores In 3-5 Years
CBD Unlimited Inc. (OTC PINK: EDXC) today announced (April 16, 2020) it projects 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. The goal is rapid store expansion and retail distribution points in these key expansion sectors. Contracts established with these market channel retail partners last year continue to expand.
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) Projects Greater Than Tripling Product Placement To 200,000+ Stores In 3-5 Years
Todd Davis, CEO of CBD Unlimited, Inc., said, “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.
“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.
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) Projects Greater Than Tripling Product Placement To 200,000+ Stores In 3-5 Years.
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.
The company 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
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Stock Market Press
110 Wall St.
New York, NY 10005 email@example.com Safe Harbor Statement:
Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press