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Which is why they are rolling out green line products to a bunch of convenience stores like 7-11 as we speak. The joint venture also presents a unique opportunity into cosmetic stores like Ulta/Sephora. I bet their sales from Blesswell launch to current is probably already greater than Q2 revenues.
As far as I’m aware it was an error as they are filing with the SEC now.
Should be fixed soon as it is due to an error. Im hoping we see another gap up just like last time when they went from yield to pink current.
Many eyes.... Should be exciting.
Smart move. I’ve made my position even stronger as well. I’m going for the retirement play at above a dollar. They set themselves up really well to make significant revenue growth IMHO. Should start to see that in reports late this year.
Some misinformed individuals here getting scared of the word “reverse split” when it is ONLY going to be used when they meet all other requirements. In this scenario, it would be in your best interest. You are focusing on the least significant requirement when there are other things like the public float needing to be at 75 million = above 28 cents a share for 20 or so days.
If the company believes they will land as a NASDAQ company by Sep, then that should be a huge hint that something big is cooking behind scenes. So far we don’t know much other than the DJ Khaled venture and a bit on distribution channels. Im expecting it to get loud after their major product launch.
Yes, i hear they also sell in bumblefuc alabama. Check for me.
Yeah i guess whoever wrote that represents the world.
Yeah... their whole business model is centered around CBD and distribution. Not expecting anything from their venture out in Jamaica in the near term. The goal here is to get a large distribution network setup with a few hot selling products for a potential buyout.
Luckily, distribution is a done deal and already rolling out with a goal of 20k stores by years end. The marketing angle is currently DJ Khaled to get the brand out to a very large audience.
They also have a big thing going on with their phytobites (a hot selling product). It could be spun off into its own pet division.
A very big and exciting year for EDXC shareholders.
Agreed, there has been almost no PR for some time now. Looks like they are holding back for the form10 to be active in May 4 or 5. In the meantime DJ Khaled product launch can excite us through April. Im hearing his album is 98% done!
Todd will answer all your questions for you at the live Q&A session tomorrow at 6PM EST.
Got shorted hard.
$EDXC After doing some extensive DD over the weekend I've come to the conclusion that the master distribution deal is Southern Glazers Wine and Spirits. Quote from CEO Todd Davis's most recent interview: "The largest liquor distributor in the United States with over 1 million stores". A quick google search should narrow it down, but if you are still not convinced there seems to be only one company on that list who has been active in the cannabis market. Great North Distributors, a subsidiary of Southern Glazers is known to have partnered with huge cannabis companies like $ACB, $APHA ... For a multi-billion dollar company taking interest in a small company like EDXC trading under OTC Markets is quite an accomplishment. The distribution deal combined with the joint venture from DJ Khaled may be a recipe to make CBD Unlimited THE number one choice. With all these major developments and new changes/favorable laws, 2021 is pointing towards being an explosive year of growth for EDXC. If aurora climbed 9% from a deal with Great North, ask yourself how much a penny stock could climb?https://markets.businessinsider.com/news/stocks/stock-alert-aurora-cannabis-climbs-9-after-distribution-deal-with-great-north-distributors-1029973190
It means the stock price will move up higher. The trend is heavily supporting these moves. Still showing an overall upward trend.
When I searched on google "largest liquor distributor in the united states" I got Southern Glazer's Wine and Spirits. This seems huge if true...
Im glad we have a short term date to look forward to. Mid march should be exciting...
Lmao i found this too funny.
Im loving the volume lately. If volume keeps up we could easily see .30s soon. Im convinced the .11 cent range is long over. Wouldnt be surprised by a green day tomorrow hovering high teens or breaking back up to the 20s.
I think this stock will move up higher today. Maybe above 30 cents.
Also the slow expansion at Walgreens has nothing to do with them not being able to produce products at a higher rate. There are other huge companies on shelves with them expanding at the same rate in Walgreens.
When you get into mass retailers. One of the requirements is to show your ability to mass produce and meet demand. New distribution deal into 20k+ stores shouldn’t be any different. A supply issue is the least of their worries.
Obviously wont happen over night. They can and will get 20k stores this year and start scaling up big time into 100k in 2 to 3 years. These distributions deals dont just happen if you cant produce products for placement. Getting into Walgreens is proof that they are able to scale up in store count. Not only that, they also have to produce products on the e-commerce side of things with DJ Khaled. Im sure they can mass produce and their report shows they have plenty of inventory on hand for the surge.
Long EDXC...
HAHAHAHAHAHAHAHHA GO EDXC!!!
Looks like it wants to run all week. Q1 results should be out this month if history repeats itself...
It should break to new 52 week high this time around.
This is a speculative growth company. Any sign of significant growth reflected in their quarterly results should send this parabolic this year. They are positioned better than ever to make this happen.
They have been busy signing deals to get into over 20k stores, partnering with DJ Khaled, getting into cannabis in Jamaica, filing Form 10 for uplisting to OTCQB, and more...
Cannabis is taking off this year and CBD will also benefit from these new changes and laws. This is a very good long-term play IMO.
DJ Khaled is in “ALBUM MODE” meaning it should be coming up right around the corner along with the new product launch. Things are starting to heat up...
EDXC looking like it wants to break .15 here soon :)
It was due to covid... they still made major developments during these times. Read the recents PRs and articles. Retail stores were hit the hardest which was where most of their revenues were coming from. They shifted to a whole new product category in both retail and e-commerce with their value line expected to be in over 20k convenience stores this year (done deal). Their online sales will see an increase as they put a lot of money recently towards marketing (DJ Khaled). They are setup for major success this year. I personally wouldve waited till end of the year to throw the towel in. 11 cents has been holding pretty well ever since the run up from 4 cents. Most of the previous gains were short lived. Its only a matter of time till it tests 25 cent range. These are the best times to be accumulating while its still quiet.
I assume its the biggest names out there... the articles and PR all point in that direction. Seems like its two major distribution deals. First one is obviously a convenience store for their new value line products. Now ask yourself whose big enough to place products in 20k to 100k stores? The other big one was hinted late last year. Revenue should ramp up exponentially this year with everything in action.
Key Points:
• Assets are up 63%
• Revenue is up 78%
• Cost of revenues are down 41%
• Gross profit - First time 1.64 million for the year vs. (497k Loss in 2019)
• During the year of Covid-19 Pandemic and while there were minimum buyers, we still added significant store growth.
• New Distribution Access to over 1,000,000 Stores.
This has been building up for some time now. Its pretty clear to me it doesnt want to drop below 11 cents. Someones been strategically accumulating shares. With all the great news coming together im expecting a breakout to 20 cents soon.
$EDXC inching forward to a new 52-week high as expected. Recent chart is showing lower lows and higher highs. Looking forward to more exciting PR to act as a catalyst!
Would be lucky to see this below .11 again.
It will bounce higher. I would not fight the trend as it is still looking strong. Prediction: reject .11 and move higher.
Im holding money bags thanks to EDXC. A lot more coming our way as chart looks ready for a new 52 week high. With all the recent uplifting news and the chart looking very attractive we may see a huge spike in volume/PPS here soon. Its exciting how the company’s PR machine has been hot with great news lately.
Yeah this next run will be massive. Also anything can happen in today’s market where stocks run to no end off hype. This is the year to own EDXC shares, hope you all have been accumulating.
From the price action on Friday and the articles reaching more people over the weekend. Its only a matter of days before it reaches a new 52 week high.
Yeah, “secured a major convenience partner”... putting them in over 20k stores this year (not just a goal). Given that they also put a long-term projection of over 100k i would assume its at the top of the list of “largest convenience store chains”. They are rapidly growing in all aspects of the business and will be reflected on the 2021 quarterly reports. The strong marketing from DJ Khaled along with their aggressive expansion is bound to be a huge success for EDXC.
First one seems major to me.