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EDXC News and Press, CBD Unlimited Inc From 03/12/20

Stock Information

Company Name: CBD Unlimited Inc
Stock Symbol: EDXC
Market: OTC
Website: cbdunlimited.com

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EDXC - Coronavirus Makes CBD Stock Outlook For 2020 Extremely Volatile For The Short Term

All those predictions for the CBD market hitting $2.1 billion in 2020 by hemp business publications may have been right earlier, but the coronavirus and its global impact has changed everything. CBD may still be a growth and consolidation industry, but the coronavirus has changed daily activit...

EDXC - Coronavirus Spurs Stock Drop, Travel Ban From Most Of Europe, But Many Industries Including CBD Remain Innovative

Coronavirus yesterday (March 11, 2020) spurred a 1,465 point Dow drop on Wall Street and President Trump last night announced a travel ban on most European countries to the U.S. and a $50 billion package of SBA low interest loans to affected small businesses. Some industries, such as CBD, rema...

EDXC - PepsiCo Buys Rockstar Energy Drinks For $3.85 Billion, Rockstar Ex-EVP Sales Joins Daytrip, Which Markets CBD Infused Sparkling Water

In one of few acquisition deals on Wall Street yesterday (March 11, 2020), PepsiCo (NASDAQ: PEP) bought Rockstar Energy Drinks for $3.85 billion. The former Rockstar EVP-Sales, Joey Cannata, is now president of Daytrip, a marketer of CBD-infused sparkling water. CBD is in the news daily....

EDXC - Coronavirus Lockdowns Of Countries, Cities Impact CBD, But Firms Such As CBD Unlimited, Inc., Remain Aggressive

Lockdowns driven by the coronavirus have been declared in the country of Italy and a containment zone has been established in New Rochelle, New York. Political rallies by Sen. Bernie Sanders and Joe Biden, candidates for president, were cancelled last night (March 10, 2020). It is hardly busin...

EDXC - Ibio Continues To Gain Momentum On Coronavirus Buzz

The continued coronavirus crisis has resulted in a rally in the stocks of those companies which are involved in developing vaccines for the virus. On such company is Ibio Inc ( NYSEAMERICAN: IBIO ), and there is a lot of optimism around the company’s plant-based vaccine for the corona...

EDXC - Regeneron and Gilead Sciences Are Witnessing Consistent Progress on Coronavirus Treatments

The coronavirus crisis may have created turmoil in the markets over the past week or so, but that is not the case with all stocks. Many companies that are involved in creating medicines and vaccines for the virus have seen their stocks soar. However, two companies, Regeneron Pharmaceuticals In...

EDXC - AIM ImmunoTECH Announces Possible Coronavirus Treatment, Shares Rockets

AIM ImmunoTech Inc ( NYSEAMERICAN: AIM ) indicated that it was testing its SARS treatment , Ampligen, as a possible treatment for COVID-19. AIM ImmunoTECH plans to carry the tests in Japan with trials supervised by the World Health Organisation’s Hideki Hasegawa. Coronavirus Stoc...

EDXC - Coronavirus Accelerates Brick-And-Mortar Challenge Temporarily In CBD Market

Coronavirus has impacted global in-person events, from concerts to business conventions. Doctors say fist bump, don’t touch your face and stay off long distance flights and, for some, cruises, too. To the CBD market — roughly 70% of sales are made online — so the main impa...

EDXC - Internet Marketing Will Receive Stronger Selling Focus As CBD Industry Is Impacted, Like Oth-ers, By The Coronavirus

In 2020, the CBD industry will be focused on the internet for consumer sales, marketing to retail customers and other contact with dispensaries, the salesforce and subsidiaries. Business conventions worldwide and travel is being cancelled globally due to the coronavirus. Milan, Venice, Paris a...

EDXC - CBD Event Cancellations Multiply Due To Coronavirus, CBD Companies Prepare Alternative Strategies

CBD event cancellations have multiplied due to the coronavirus worldwide. As a result, CBD companies are preparing alternate strategies to stay informed and market digitally during the crisis. CBD is not a cure for coronavirus although its properties address key elements. It is known to offer ...

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