Endexx Corporation’s (OTC: EDXC) Advantage Is Non-Nicotine Hyla Brand Plant Based Guarana Vaping; EDXC Via Amazon (NASDAQ: AMZN) Excels In U.S. Retailing Space And Has Set Goal Of Reaching International Expansion With Placement In19 Countries By End Of 2022
Endexx Corporation’s (OTC: EDXC) Advantage Is Non-Nicotine Hyla Brand Plant based Guarana Vaping; EDXC Via Amazon (NASDAQ: AMZN) Excels In U.S. Retailing Space and has set goal of reaching international expansion with placement In19 countries by end of 2022. EDXC believes its plant-based Hyla brand will revolutionize vaping in the U.S. and globally — avoiding all the controversy of nicotine vaping. Hyla is a Guarana plant based vaping device offing a non-nicotine alternative.
StockMarketPress is a media company which is spotlighting the cannabis industry analyzing how growth in cannabis legalization by state in 2022 could impact companies and investors. Some of the stocks it recently reported on include Endexx Corporation (OTC: EDXC), Amazon (NASDAQ: AMZN), Target (NYSE: TGT), Walgreens (NASDAQ: WBA) And CVS (NYSE: CVS) Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF), The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), OrganiGram Holdings Inc. (NASDAQ: OGI), Canopy Growth Corp. (NASDAQ: CGC) CBD Unlimited, Inc. (OTC PINK: EDXC).
Todd Davis, CEO and Chairman of EDXC, says that a prime factor that attracted the Company to acquire the Hyla non-nicotine vaping brand was its healthier, plant-based Guarana vaping. Now that the brand has established itself at retail in the U.S. with Amazon (NASDAQ: AMZN), Target (NYSE: TGT), Walgreens (NASDAQ: WBA) And CVS (NYSE: CVS), it is primed for international growth as well — especially through Amazon (NASDAQ: AMZN).
The Company added, “The Hyla acquisition continues to be an important milestone for Endexx as it not only has provided additional revenue — which we expect to experience immediately — and new international distribution for both our CBD Unlimited and Blesswell™ product lines.”
Nick Mehdi, Hyla CEO, is aggressive when he says Hyla has initiated marketing approvals in eight new countries — including Germany, Israel and Italy. The takeover of Hyla meshes with EDXC’s existing strategy of marketing a complete and natural wellness line of skincare products.
The new countries where marketing approvals have been initiated for Hyla include: Germany, Italy, Israel, Egypt, Slovenia, Romania, Iran and Bahrain. These eight new country markets if approved will be added to Hyla’s currently active markets including the US, Canada, Czech Republic, Georgia, Russia, Slovakia, South Africa, Switzerland, United Arab Emirates, the U.K., and Uzbekistan, the company says.
In addition to the Hyla brand of non-nicotine vaping, EDXC also markets a complete line of skincare products including balms, creams, lotions, butters, masks, scrubs and oils. The goal is healthy skin and grooming wellness. Formulations have ingredients designed for optimal absorption and support of skin health.
This dovetails with the Company’s acquisition and marketing of safe, non-nicotine plant based vaping utilizing the Guarana plant.
Nick Mehdi, Hyla CEO, commented, “With more than 1,000 stores carrying the (Hyla vaping product) in the U.S., and the potential to expand our market penetration to as many as 19 countries by the end of 2022, we are excited to add our product line to the already strong retail presence Endexx maintains.”
Endexx further states that the Hyla proprietary device produces an unprecedented number of 4,500 puffs per device. Its initial inventory of 140,000 devices were sold out within the initial months of its availability, Endexx says. It also says the device is CE approved and has UL global safety certification.
Source: Stock Market Press
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