CBD Unlimited Inc. Sets Q3 Roll Out Of Extended Distribution Program To Pharmaceu-tical, Grocery And Independents
CBD Unlimited Inc. (OTC PINK: EDXC) today announced (April 16, 2020) it has readied a new distribution roll out program with an early stage roll out beginning in Q3 for the pharmaceutical and grocery/natural food channels as well as independents. It is expanding its distribution of properly dosed hemp products through these extended distribution channels as it advances the CBD industry with its unique formulations.
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) Sets Q3 Roll Out Of Extended Distribution Program To Pharmaceutical, Grocery And Independents
Todd Davis, CEO of CBD Unlimited, Inc., said, “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.
“Key partners are critical to both short-term execution and long-term success,” he said. “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) Sets Q3 Roll Out Of Extended Distribution Program To Pharmaceutical, Grocery And Independents.
CBD Unlimited, Inc. (OTC PINK: EDXC) Targets Caribbean, Polynesian Markets For Growth
The aggressive expansion program in 2020 includes international growth as well. CBD Unlimited Inc. (OTC PINK: EDXC) has targeted Caribbean and Polynesian channels for significant growth, too. The company under agreements will be authorized to enter several mass market retail, drug and convenience store chains, it said. CBD Unlimited, Inc.’s (OTC PINK: EDXC) new market partners are aggressively positioning the company’s products into highly competitive and growing CBD and hemp markets. CBD Unlimited Inc. (OTC PINK: EDXC) Sets Q3 Roll Out Of Extended Distribution Program To Pharmaceutical, Grocery And Independents.
The roll out of the expansion program to pharmaceutical and grocery/natural food channels plus independents results in an expanded network of retailers for CBD Unlimited, Inc. (OTC PINK: EDXC) and growth directives plus vigorous positioning of product reinforces the company’s commitment to providing high quality properly dosed hemp products through the extended distribution channels.
CBD Unlimited, Inc. (OTC PINK: EDXC) Reports $1+ Million In Q2 Sales
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. CBD Unlimited Inc. (OTC PINK: EDXC) Sets Q3 Roll Out Of Extended Distribution Program To Pharmaceutical, Grocery And Independents.
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 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.
Source: Stock Market Press
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