Tuesday, July 23, 2019 10:52:04 AM
Very tight float of only 44 Million shares in DTC
Findit, Inc. (OTC Pinksheets FDIT) Receives Multiple CBD Purchase Orders From Two Major Retailers
https://www.otcmarkets.com/stock/FDIT/news/Findit-Inc-Receives-Multiple-CBD-Purchase-Orders-From-Two-Major-Retailers?id=234859
ATLANTA, GA / ACCESSWIRE / July 23, 2019 / Findit, Inc. a Nevada Corporation (OTC Pink: FDIT) has received multiple purchase orders from two major retailers for the CBD line Urban Collective. The purchase orders consist of two topical oils, one Blood Orange, the other Spearmint. Findit recently announced it would expand its range in the CBD industry by including B2B sales in addition to its online marketing services it has been providing for several years.
Clark St. Amant stated "While these two purchase orders put us in the B2B, CBD space, Findit, with our L.A. based branding and sales consultant is focusing on profitable revenue streams that can increase overall shareholder value in Findit. We see the CBD space as one of these areas."
These first two POs will place these products in over 2300 retail locations nationwide. These initial orders are expected to preform very well at the retail level and both retailers have indicated much larger purchase orders for the fourth quarter of 2019 to fill their holiday gift giving needs.
Findit recently brought on a consultant based in Los Angeles that specializes in branding, as well as, has a seasoned track record selling consumer goods to national retailers. Findit is working closely with the consultant to facilitate different packaging and price points to offer additional retail chains products in the CBD space that would compliment their retail customers buying habits.
Findit provides online marketing services to CBD businesses as well as branding and re-branding services.
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