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Tuesday, January 26, 2021 5:13:18 PM
* Endexx launches 2021 with Accelerated Contract Revenue
* Endexx generated its first gross profit on an annual basis in fiscal 2020.
Highlights:
• Endexx signs contract with DJ Khaled to launch new CBD Brand and Category
· Cleared to Distribute CBD Products in Guam.
· Jamaica’s CLA grants provisional licenses for Retail and Cultivation.
· Endexx secured a Master Distribution contract with the leading distributor in North America.
· Distribution contract provides access to over 1,000,000 stores in the United States.
New Products
· Endexx launches new “Value Line” in December to reach wider audience with more accessible price point options.
· Endexx creates five unique products to be sold at counter as a POP Impulse buy.
· Endexx rebranded its Premium line.
Acquisitions
• Endexx acquired Kush Inc. (Kushwear Brands)
• Endexx acquired CBD Life Brands (Nero Water)
• Endexx acquired Retail Pro Associates (Ronald Cotting and Stephen Herron)
Davis added, “Endexx is positioned to accelerate top line revenue growth exponentially in 2021. Covid 19 allowed us to rethink and reposition our company and its product lines to better meet the needs of its customers. We secured the most dominant and widespread Master Distributor in the US. We then secured one of the single greatest influencers in the Music and Entertainment industry domestically and globally to both represent our products and collaborate to design a new category and market in the CBD Industry -- Mr. DJ Khaled."
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