CBD Unlimited, Inc., Provider Of Phytonutrient-Based Food, Acquires Kush, Inc., Media Driven Brand Builder And Seller Of Hemp-Derived Material
CBD Unlimited, Inc. (OTC PINK: EDXC), a provider of phytonutrient-based food and nutritional products, announced today (March 5, 2020) it has acquired Kush, Inc., a New York-based branding and development company that builds brands through strategic marketing. It will operate Kush as a new wholly-owned subsidiary. Also, Charlie Mohr, president and founder of Kush, will join CBD Unlimited full time.
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) acquires Kush, Inc., media driven brand builder and seller of hemp-derived material
Cave Creek, Arizona-based CBD Unlimited, Inc. (OTC PINK: EDXC) made the acquisition as 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 Unlimited, Inc. (OTC PINK: EDXC) acquires Kush, Inc., media driven brand builder and seller of hemp-derived material.
CBD Unlimited, Inc.’s (OTC PINK: EDXC) Growth Strategy
Todd Davis, CEO and chairman of CBD Unlimited, said of the transaction, “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.”
The company added that CBD Unlimited (OTC PINK: EDXC) plans to worked closely with Kush Inc.’s research and development team to expand its product range. CBD Unlimited (OTC PINK: EDXC) had a significant growth performance in 2019. It reported a 101% annual increase in revenues and surpassed its goal of placement in 5,000 stores by three months, it said. It added that it is on track to continue its upward growth trajectory and surpass year-over-year guidance and goals. CBD Unlimited, Inc. (OTC PINK: EDXC) acquires Kush, Inc., media driven brand builder and seller of hemp-derived material.
CBD Unlimited (OTC PINK: EDXC) Portfolio Includes Capsules, Oils Topicals and Pet Products
CBD Unlimited (OTC PINK: EDXC) develops and distributes all-natural CBD products derived from hemp. Its portfolio of products includes 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. 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. CBD Unlimited, Inc. (OTC PINK: EDXC) acquires Kush, Inc., media driven brand builder and seller of hemp-derived material.
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. 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.
Kush, Inc., Builds Brands Through Strategic Marketing
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. CBD Unlimited, Inc. (OTC PINK: EDXC) acquires Kush, Inc., media driven brand builder and seller of hemp-derived material.
Source: Stock Market Press
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