Download The Findit App

Share Your Posts On These Major Social Networks

Instatag Your Posts to Instagram Facebook + Twitter

News

CBD Unlimited Announces Another Record-Setting Quarter for Fiscal Q1 2019

Cave Creek 2/20/2019 8:23:20 PM

Company Sees Revenues Up 23% Year-Over-Year and Up 20% Sequentially Driven by High Demand for its CBD Product Line

CAVE CREEK, AZ, Feb. 20, 2019 – CBD Unlimited, Inc., formerly known as Endexx Corporation (OTC PINK: EDXC), a provider of innovative phytonutrient-based food and nutritional products, is pleased to report record sales growth for its first quarter of fiscal 2019. For the three months ended December 31, 2018, the company generated $236,000 in sales, representing an increase of 23% year-over-year and 20% sequential increase quarter-over-quarter.

First Quarter 2018 Milestones and Updates:

  • Endexx changes name to CBD Unlimited, Inc.
  • New COO, Dustin Sullivan, ramps up execution of full scalability to service the large mass retail, pharmacy and food markets.
  • The Company presented to multiple family offices and institutional investors through key financial industry venues.
  • CBD Unlimited introduced its “Premium Blue Line” for roll out in the newly legalized Hemp Industry. The Farm Bill Act was passed in December 2018, permanently legalizing the Hemp Industry and redefining the plant we manufacture products from.

CEO Todd Davis commented, “Our first quarter of fiscal 2019 generated another record-breaking quarter. During that time, we have added key personal to support the transition from the “Hemp Pilot Program” to full scale commercial production and distribution. CBD Unlimited is positioned for exponential revenue growth going forward.”

About CBD Unlimited, Inc.

CBD Unlimited, Inc., with its collaborative partners and consultants, develops and distributes two consumable product lines derived from Hemp, which is all-natural and rich in phyto-cannabinoids. Phyto-Bites® is its CBD-infused soft chews for dogs. The dog treats are formulated to promote health and support the reduction of separation anxiety, pain and inflammation.

The company also has two key technology products and services that launched in 2014. Both products provide essential solutions to promote regulatory compliance and full accountability through asset protection, inventory management, compliance and an “end of sale” technology integration. Based on principles developed by the pharmacological industry, the integrated “Gorilla-Tek” platform is the first standardized hardware agnostic and software solution for tracking high- risk high-shrink regulated and restricted products that maintains compliance with federal, state and local regulations. It is intended to provide conformity with federal and state mandates. Gorilla-Tek™ is also a commercial-grade inventory control and dispensing device that provides up-to-the-minute accounting details and ensures both product and patient security. By automating the dispensing process, Gorilla-Tek™ increases productivity and reduces costs for retailers, while enhancing their service quality by reducing transaction time for customers.

Websites include: www.cbdunlimited.com

Safe Harbor Notice

This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective. Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current expectations of the company, its directors or its officers. Investors are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties associated with the company’s business and finances in general, including the ability to continue and manage its growth, competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings with the Securities and Exchange Commission. The company undertakes no obligation to update any forward-looking statements.

Contact:

For further investor and media information, contact:
CBD Unlimited, Inc.
Todd Davis
Chairman & CEO
Todd@cbdunlimited.com
480-595-6900

More News

https://s3.amazonaws.com/findit-pictures/6469/6356c070-94f3-48e8-b13b-56758591dab5.jpg

CBD Unlimited to Showcase Products at ECRM Hemp/ CBD Health Conference


Released On: 7/10/2019
Views: 104

https://s3.amazonaws.com/findit-pictures/6469/1415dea2-2768-4f66-93c6-0eb593ce878a.jpg

CBD Unlimited, Inc. Announces Successful Completion PCAOB Audits


Released On: 7/8/2019
Views: 71

https://s3.amazonaws.com/findit-pictures/6469/e09c3c0b-6cfd-41da-a198-dfdaaa49c677.jpg

CBD Unlimited Increases Fulfillment Capacity


Released On: 6/24/2019
Views: 198

https://s3.amazonaws.com/findit-pictures/6469/24f25bfd-a968-464b-88c0-678a4c82b0d6.jpg

Hemp Industry Expert Discusses CBD Unlimiteds Go-to-Market Strategy


Released On: 6/19/2019
Views: 157

https://s3.amazonaws.com/findit-pictures/6469/4d1fea30-2298-4da6-8cc8-bb21188c9c98.jpg

Discover Powerful CBD Topical Applications And CBD Oil From CBD Unlimited


Released On: 6/4/2019
Views: 240

https://s3.amazonaws.com/findit-pictures/6469/eaf682bb-e7b1-46c7-861f-4e027f597521.jpg

CBD Unlimited, Inc. to Present at the 9th Annual LD Micro Invitational in Bel Air, CA


Released On: 5/30/2019
Views: 218

https://s3.amazonaws.com/findit-pictures/6469/dbbc74ab-a6e7-4036-91f8-a50c4beb8243.jpg

Pure CBD Hemp Oil From CBD Unlimited Is Designed For Targeted Delivery


Released On: 5/23/2019
Views: 255

https://s3.amazonaws.com/findit-pictures/6469/c8d3476e-2ed9-48b2-b42e-c6a0a237f7b0.jpg

CBD Unlimited's Scientifically Formulated CBD Oil Is Designed With Targeted Delivery In Mind


Released On: 5/22/2019
Views: 326

https://s3.amazonaws.com/findit-pictures/6469/3ce23c21-ee28-46eb-86dd-ffddb7c6f7f2.jpg

CBD Unlimited Announces Record-Breaking Quarter for Fiscal Q2


Released On: 5/14/2019
Views: 332

https://s3.amazonaws.com/findit-pictures/6469/e975afdf-cbbe-4be3-b1eb-aa6f10cfee18.jpg

Order The Best CBD Dog Treats And CBD Pet Soft Chews From CBD Unlimited


Released On: 5/10/2019
Views: 317

https://s3.amazonaws.com/findit-pictures/6469/29b279f5-4b04-4101-9e2f-7be19f940fc9.jpg

CBD Unlimited Provides The Best CBD Hemp Oil And CBD Concentrate For Sale


Released On: 5/1/2019
Views: 349

https://s3.amazonaws.com/findit-pictures/6469/c18e3675-06ad-447c-857b-e7a119fc25ad.jpg

CBD Unlimited Announces Completed Production of 7.5 Million Wholesale Products to Meet Initial Demand Requirements


Released On: 4/22/2019
Views: 413

https://s3.amazonaws.com/findit-pictures/6469/caf07829-0690-4b14-96e7-181626cfa653.jpg

CBD Unlimited’s Premium Blue Line Embraced by Retail Buyers at ECRM CBD Conference


Released On: 4/5/2019
Views: 467

https://s3.amazonaws.com/findit-pictures/6469/4d1d0569-9ec8-416b-8a35-08982c5c28a7.jpg

Update: CBD Unlimited Announces Completion of Product Label Review and Vendor Applications for Entrance into Pharmacy, Food, and Mass Retail


Released On: 4/1/2019
Views: 452

https://s3.amazonaws.com/findit-pictures/6469/88c6fce7-defc-4e96-aef0-790215e2d3ba.jpg

CBD Unlimited Announces Completion of FDA Label Review and Vendor Applications for Entrance into Pharmacy, Food, and Mass Retail


Released On: 3/27/2019
Views: 425

https://s3.amazonaws.com/findit-pictures/6469/6192e9b9-876e-408e-98b2-2bbd01be4666.jpg

CBD Unlimited Announces the Purchase of its New Corporate Headquarters


Released On: 3/24/2019
Views: 435

https://s3.amazonaws.com/findit-pictures/6469/351175dd-91ec-49f7-a552-b08faec64ff1.jpg

Phytocannabinoid Pain Relief: CBD Unlimited's CBD Oil And CBD Isolate Products Provide Fast Acting Pain Relief


Released On: 3/13/2019
Views: 582

https://s3.amazonaws.com/findit-pictures/6469/72e4efb7-057d-4639-af95-3b1909bc3a8f.jpg

CBD Unlimited Signs Gold Coast Distributors to Service 1,200 Plus Bodegas and Boutiques in the NYC Burroughs 5


Released On: 3/11/2019
Views: 628

Load More wait

Map

CBD Unlimited

Get Directions

CBD Unlimited

  • 38246 North Hazelwood Circle
    Cave Creek, Arizona 85331
    United States
  • 480-999-0097