(NewsDirect)
McapMediaWire -- Galexxy Holdings Inc. , (“Galexxy” or “Company”) (OTC: GXXY ) is pleased to announce that its 100% owned subsidiary,Wellbeing Farms LLC, (“Wellbeing,” or “WBF”) has executed itssecond strategic commercial supply and lease agreement with Delta 8LLC (Delta) and its associated company, uVending LLC (uVending).
Delta is developing themarket in Texas for the sale and supply of its proprietary D88products which are being manufactured by Wellbeing under an exclusivewhite label supply agreement. Delta will generate its D88 productsales utilizing customized, attractively branded Smart Vending Kioskssupplied by its Associate, uVending LLC., which are purchased under ablanket leasing agreement from Wellbeing Farms.
Wellbeing’scustomized Smart Kiosks are very distinctive, featuring glass fronted,backlit product displays to maximize product appeal and are equippedwith patented ID-Age verification capability in order to comply withTexas state law. Based on their initial estimates, Delta is planningto install over six hundred D88 Smart Kiosks in the next 2 years whichcould potentially generate approximately $3,500,000 per month in D88wholesale product purchases from Wellbeing.
Michael Biagi,Wellbeing’s CEO stated that; “We are excited by the huge marketingpotential of generating recurring product revenue through theplacement of our Smart Kiosks by strategic partners who pay us tolease the kiosks to earn a share of the sales revenue”. He furtherstated that “We’re not limited to our current product range andcan readily adapt Kiosk inventory to satisfy market needs.”
Headquartered inNewport Beach, California with manufacturing facilities in Murietta,California, Galexxy’s shares are publicly traded on the OTC Markets(OTC: GXXY). Galexxy entered the rapidly developing markets forpremium natural plant-based consumer health supplement products inApril 2021 and completed its acquisition of Wellbeing Farms LLC., onAugust 4, 2022 and purchased 69% of ABC Wholesale Products LLC., onAugust 12, 2022.
Galexxy Holdings Inc.
Iain Saul
M: (801) 243 9570
Forward-LookingInformation
This press release contains “forward-looking information”and “forward-looking statements” (collectively, “statements”).All statements, other than statements of historical fact, areforward-looking statements and are based on expectations, estimatesand projections as at the date of this press release.
ContactDetails
Galexxy Holdings
Iain Saul
+1801-243-9570
CompanyWebsite
http://www.wellbeingfarms.com/
Copyright (c) 2023 TheNewswire - All rights reserved.