GKIT - CBD Multi-Channel Is Focus For CBD Unlimited Inc. (OTC PINK: EDXC) Competing Industry Stocks
CBD Unlimited, Inc. (OTC PINK: EDXC multi-channel market growth plans are in categories such as CBD pet consumables, hemp-derived CBD consumables for humans, CBD infused food & beverages and more. The company is marketing on an omni-channel basis through social media and is selling its CBD product online and through more than 5,000 mass market retailers and pharmacies. It has achieved market penetration in pet, beauty and wellness locations. It sells in bodegas and even kiosks through its arrangement with high technology system Gorilla-Tek™, it said in the December 2019 Investor Presentation of CBD Unlimited, Inc.
StockMarketPress.com CBD industry market coverage has highlighted reports of these multi-market and omni-channel selling trends into massive consumer demand. It has published articles featuring CBD company stocks competing in this fast growing market space. It has prepared reports on firms marketing this way such as CBD Unlimited, Inc. (OTC PINK: EDXC)), Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF),, The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF), OrganiGram Holdings Inc. (NASDAQ: OGI) and Canopy Growth Corp. (NYSE: CGC).
CBD Unlimited, Inc. (OTC PINK: EDXC) Multi-Channel Market Growth Plans
Like most competitors in the CBD space, CBD Unlimited, Inc. (OTC PINK: EDXC) multi-channel market growth plans are creative, aggressive and omni-channel. Take the pet market. Consumers are fiercely loyal to their animals and wish to feed them only the highest quality consumables. Some include CBD-infused pet food so that is a classification pursued by CBD Unlimited, Inc. Brightfield Group predicts that the pet CBD market with grow to $1.7 billion by 2023. Even online pet marketer Chewy Inc. stock reached a record high last week selling non CBD-product.
CBD Unlimited, Inc. (OTC PINK: EDXC) multi-channel market growth plans are for sales growth of 145% year-over-year over the next five years. It is optimistic and growing market for its portfolio of oils, topicals, edibles and capsules. Sales will be made to a wide variety of units including wellness centers, vets offices, bodegas, assisted living centers, automatic kiosks and convenience stores.
CBD Unlimited, Inc. (OTC PINK: EDXC) multi-channel market growth plans anticipate that it will achieve a 145% year-over-year growth pace by targeting several categories such as hemp derived consumables, food & beverage and hemp derived pet foods through a combination of online social media, mass market retailers and pharmacies.
New York, NY, January 29, 2020 — Stock Market Press is a leading financial news company that delivers up to date news. News on the wires today includes how CBD Unlimited, Inc. (OTC PINK: EDXC) multi-channel market growth plans are aggressive and the company has reported an 88% year-over-year increase in its revenues for the year ended December 2019. Multi-channel marketing is huge in the CBD market.
The company is positioned to excel internationally in a seed-to-store structure that far outpaces that projection., CBD Unlimited detailed its targeting of several CBD foreign markets in the future, according to its December 2019 Investor Presentation of CBD Unlimited, Inc. It is cleared to distribute in Puerto Rico and South Africa and in negotiations to expand in the future in Mexico, Argentina, Japan, United Kingdom, South Korea and South Pacific.
The Cave Creek, Arizona-based firm has reported an 88% increase in annual volume for the 12 months ended December 2019 compared to 2018. During the most recent year it surpassed its goal of placing product in some 5,000 retail mass retailers and pharmacies. It also finalized the deal to collaborate with First Foods Group, Inc., on producing hemp based CBD food products. One other achievement it made in 2019 was an audit of its financial statements for its fiscal years 2017 and 2018. It requires an audit as part of its requirements for an up-listing to a higher OTC market tier.
Supreme Cannabis Co. (OTC: SPRWF) And Aurora Cannabis Inc. (NYSE: ACB) (TSX: ACB) Set CBD Growth Strategies
The Supreme Cannabis Company has named John Griese as Chief Operating Officer. The company is focused on building leading brands in the cannabis industry. Aurora Cannabis Inc. has opened its flagship store called The Aurora Cannabis Store in the West Edmonton Mall.
The Green Organic Dutchman (TSX: TGOD) (OTCQX: TGODF) Financing
One analyst company says it may be unlikely that this company will be able to report a profit this year as it recently announced two equity and debt financings to finance construction projects already underway.
OrganiGram Holdings Inc. (NASDAQ: OGI) Stock Soar
This licensed producer of medical marijuana experienced a 30% soar in its stock last week as it reported sharply higher sales for it fiscal Q1. Sales in that period jumped two-fold, it reported.
Canopy Growth Corp. (NYSE: CGC) Names Klein
Since David Klein was named as new chief executive officer of Canopy Growth Corp. the company’s stock has jumped. He prior served at Constellation Brands. He served in several leadership positions in his tenure there.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Contact:
Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com
Safe Harbor Statement:
Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/
SOURCE: Stock Market Press