CBD Unlimited, Inc.'s (OTC PINK: EDXC) Reports $1+ Million Record Volume, Generates Accelerated Growth Curve Year-Over-Year

CBD Unlimited, Inc. Reports $1+ Million Record Volume In Q2, Generates Accelerated Growth Curve Year-Over-Year

Posted April 6, 2020

In NASDAQ: GWPH, NASDAQ: NBEV, NASDAQ: NEPT, NASDAQ: OGI, NYSE: ACB, NYSE: CGC, OTC PINK: EDXC, OTC: SPRWF, TSX: ACB, TSX: NEPT

CBD Unlimited, Inc. (OTC PINK: EDXC) today (April 6, 2020) reports $1+ Million record volume for its second quarter ended March 31, reflecting an accelerated growth curve year-over-year. It recorded an order of $1 million and recognized it in this quarter. In an updated interview with NASDAQ MarketSite reporter Jane King, CBD Unlimited, Inc.’s (OTC PINK: EDXC) Todd Davis, CEO, said the firm is forecast to hit its goal of placement in 20,000 stores roughly two-five months ahead of its year-end target. The interview can be seen and heard on YouTube.

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) Reports $1+ Million Record Volume In Q2, Generates Accelerated Growth Curve Year-Over-Year

CBD Unlimited, Inc. (OTC PINK: EDXC) finished last year with product placement in some 5,600 stores. The goal for the end of this year is 20,000 stores. Todd Davis, CEO of CBD Unlimited, Inc. (OTC PINK: EDXC) says the company is ahead of schedule. He said, “We’re on about 6,000 shelves now and will hit the 20,000 mark earlier than we thought. We’re on track to be getting there from two months to five months early.” He was referring to a corporate goal of reaching the 20,000 store mark by the end of this year.

CBD Unlimited, Inc. (OTC PINK: EDXC) $1+ Million Record Volume In Q2

The company announced today that CBD Unlimited, Inc. (OTC PINK: EDXC) generated $1+ Million in record sales during the second quarter ending March 31, 2020. It announced today that the company had landed and recognized a $1 million deal in the quarter. CBD Unlimited, Inc. (OTC PINK: EDXC) Reports $1+ Million Record Volume In Q2, Generates Accelerated Growth Curve Year-Over-Year.

That performance reflects an “accelerated growth curve year-over-year,” the company announced. Davis of CBD Unlimited, Inc. (OTC PINK: EDXC) said in the NASDAQ MarketSite interview on YouTube, “We’re seeing a lot of the natural food stores, grocery chains, big box pharmacies reordering and stocking up a little bit more aggressively than they were in the fourth quarter of last year. Now we’re starting to see the restock flow, the reorder flow, and those are really good indicators for the industry.”

CBD Unlimited, Inc. (OTC PINK: EDXC) Achievements In The Quarter

The company announced today it’s numerous quarterly achievements:

Acquired Kush, Inc., a New York-based entity which builds brands through e-commerce, strategic marketing and networking;
Appointed two members to its Board: Dr. Daniel S. Brandwein, D.P.M., F.A.C.F.A.S., and Peter Governale, an alcohol/beverage marketing expert;
Launched its first phase of product testing for its new line of Equine CBD product, TrailRMix™;
Introduced at ECRM 2020 its new Value-line, along with CBD-infused chocolates and honey sticks

Davis said, “During this quarter, we achieved impressive sales and orders directly related to our market store expansion strategy. We forecast that CBD Unlimited will again hit its year-end goal of 20,000 stores roughly 2-5 months early.” CBD Unlimited, Inc. (OTC PINK: EDXC) Reports $1+ Million Record Volume In Q2, Generates Accelerated Growth Curve Year-Over-Year.

Davis Says CBD Products Can Aid Health And Wellness

CBD Unlimited, Inc. (OTC PINK: EDXC) Develops CBD Products For Humans, Animals

Davis of CBD Unlimited, Inc. (OTC PINK: EDXC) said in the NASDAQ MarketSite interview, “CBD products, if they’re properly made and properly dosed and properly structured, they actually provide a really good foundation for wellness that can help the body with its immune function, with its with its inflammation management. Let your body do the work. CBD does help support that. We want this to become part of the life of the consumer. They should educate themselves on these products.” CBD Unlimited, Inc. (OTC PINK: EDXC) Reports $1+ Million Record Volume In Q2, Generates Accelerated Growth Curve Year-Over-Year.

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) 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.

Source: Stock Market Press

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Ankit Singha

Ankit Singha is a financial writer and stock market analyst who has worked for nearly 15 years writing stock market news, while conducting fundamental research and technical analysis for several market sites. An independent financial consult and technical analyst, he earned Master's in finance from ICFAI University.