CBD Unlimited, Inc.’s Todd Davis, CEO, In Update NASDAQ MarketSite Interview Dis-cusses 2nd Quarter


Todd Davis, CEO and Chairman of CBD Unlimited, Inc. (OTC PINK: EDXC), in an update interview with NASDAQ MarketSite reporter Jane King discussed the company’s performance in the 2nd Quarter. Conducted at a remote location, the full interview will be available on April 6, 2020. Davis said, “Updating shareholders is critical in these times of uncertainty is critical. The quarter ending March 31 has set new records in a challenging environment and has accelerated its growth initiatives going forward.”

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.’s (OTC PINK: EDXC) Todd Davis Discusses 2nd Quarter In NASDAQ Update Interview

Davis on March 20, prior to the lockdown, at an initial interview at NASDAQ MarketSite, correctly predicted this as a ‘shakeout year’ and discussed the strength of stronger CBD companies in the competitive landscape for survival. In the earlier interview at Nasdaq MarketSite in Times Square, New York, prior to the global coronavirus pandemic, Davis described the growth domestically and internationally for the company and its aggressive goals for mass market shelf presence.

CBD Unlimited, Inc.’s (OTC PINK: EDXC) Todd Davis Discusses 2nd Quarter In NASDAQ Update Interview

Davis initially discussed the mass market shelf goal of CBD Unlimited, Inc. (OTC PINK: EDXC) and achievement last year of reaching some 5,600 mass market shelves. Long term, he said, the company is seeking to place its CBD product onto some 20,000 retail shelves. CBD Unlimited, Inc.’s (OTC PINK: EDXC) Todd Davis Discusses 2nd Quarter In NASDAQ Update Interview.

He said that last year, in 2019, the company had many independent retail customers — mom and pop outlets. In 2020, he said, the company has grown and placed on mass market retailer shelves, with a primary customer, Walgreen’s. Even before the coronavirus pandemic impacted all sales, he predicted correctly the changes in the CBD landscape this year — the ‘shakeout’ of smaller operators — and the growth of larger players.

Davis of CBD Unlimited, Inc. (OTC PINK: EDXC) correctly saw the future of CBD omni channel marketing and the benefits of marketing to mass merchants as CBD grew into a quick-selling product classification. CBD Unlimited, Inc.’s (OTC PINK: EDXC) Todd Davis Discusses 2nd Quarter In NASDAQ Update Interview.

Davis of CBD Unlimited, Inc. (OTC PINK: EDXC) Documents Growth

CBD Unlimited (OTC PINK: EDXC) had a significant growth performance in 2019, he said in the initial NASDAQ interview. 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.

Davis Also Discussed The Company’s International Expansion.

In the NASDAQ interview, Davis talked about the company’s international growth. He detailed CBD Unlimited’s (OTC PINK: EDXC) role in Puerto Rico, Guam, Jamaica and other future. locations

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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