GD Entertainment and Technology’s Anil Idnani, CEO, Says He Remains Focused On The High Growth CBD And Prepaid Gift Card Industries
In a Stock Market Podcast interview, GD Entertainment and Technology’s (OTC: GDET) Anil Idnani, CEO, says he remains focused on the ‘high growth’ CBD and prepaid gift card industries while committing to creating more social media presence and building brand awareness while concentrating on customer acquisition. At the same time, he is adapting to the COVID-19 pandemic and making business model adjustments when needed. The Stock Market Podcast can be heard here. Learn more about the company at https://gdet.co/
stockmarketpress.com features specialized coverage of related stocks such as GD Entertainment and Technology (OTC: GDET), American Express (NYSE: AXP), JP Morgan Chase & Co. (NYSE: JPM), PayPal Holdings, Inc. (NASDAQ: PYPL), H&R Block, Inc. (NYSE: HRB) and Green Dot Corporation (NYSE: GDOT). It also covers Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Charlotte’s Web (CSE: CWEB), Cronos Group (NASDAQ: CRON), Colgate Palmolive (NYSE: CL), INSYS Therapeutics, Inc. (NASDAQ: INSY), cbdMD (NYSE: YCBD), Joy Organics (NASDAQ: JOYG) and Canopy Growth Corp. (NYSE: CGC).
GD Entertainment and Technology’s (OTC: GDET) Anil Idnani, CEO, Says He Remains Focused On The High Growth CBD And Prepaid Gift Card Industries
GD Entertainment and Technology’s (OTC: GDET) Anil Idnani, CEO, said, “We originally started out in the Bitcoin mining space, but we segued away from this industry to pursue more cost saving and cash generating businesses: CBD and the Dream Card.”
Idnani explained that both of these industry — CBD and prepaid gift cards — represent high growth industries that require high profile branding on social media, such as Instagram. In the case of CBD, Idnani sees CBD as still in very high demand and eCommerce selling an important cost saving way to sell product. GD Entertainment and Technology’s (OTC: GDET) Anil Idnani, CEO, Says He Remains Focused On The High Growth CBD And Prepaid Gift Card Industries.
“We are seeing new CBD product every single day,” Idnani said. “The COVID-19 pandemic had us change our business model. Prior, we had very successful pop-up shops. Since then Greenery has suspended brick-and-mortar operations, and we have changed to eCommerce.” Learn more at The Greenery.
Transforming A Boring Bank Issued Card And Putting A Personal Twist On It
Another high growth industry that company has entered is prepaid gift cards. By reimagining its “Dream Card,’ GD Entertainment and Technology’s (OTC: GDET) is remaking prepaid gift cards. Idnani is bullish, saying, “The Dream Card is one of the most promising and exciting acquisitions we have made. Consumers can customize the card of their choosing. They can transform it and personalize it and create an all-metal card. In a moment, they can transform a boring bank issued card and put a personal twist on it.”
The GD Entertainment and Technology (OTC: GDET) owned website Dream Card enterprise details how the personalization works for owners of the credit/debit card. A YouTube video on the site describes how this card is unique for owners. GD Entertainment and Technology (OTC: GDET) sees a significant opportunity in this market. Indian sees a fully revamped relaunch by the end of this month. GD Entertainment and Technology’s (OTC: GDET) Anil Idnani, CEO, Says He Remains Focused On The High Growth CBD And Prepaid Gift Card Industries.
A New Experience In The Prepaid Gift Card Marketplace
GDET views its redesigned ‘Dream Card’ entry making the prepaid gift card market a ‘user friendly’ experience, allowing card owners to personalize their individual cards. This represents a new experience in the prepaid gift card marketplace — enabling consumers to make their cards their own with specialized logos, images of special people, pets or celebrities in their lives. GD Entertainment and Technology’s (OTC: GDET) Anil Idnani, CEO, Says He Remains Focused On The High Growth CBD And Prepaid Gift Card Industries.
Financial Giants Pursue Share In The Prepaid Card Market.
Active in this prepaid card market are financial giants such as American Express (NYSE: AXP), JP Morgan Chase & Co. (NYSE: JPM), PayPal Holdings, Inc. (NASDAQ: PYPL), H&R Block, Inc. (NYSE: HRB) and Green Dot Corporation (NYSE: GDOT).
Source: Stock Market Press
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