Endexx Enhances ‘Cannsumable’ Division With Revenue Generation and Distribution
CAVE CREEK, AZ–(Marketwired – Mar 25, 2015) – Endexx Corporation (OTC PINK: EDXC) a provider of innovative medical marijuana management and technology solutions, is pleased to announce the acquisition of CBD Health Solutions, LLC., a provider of nutraceutical and health related products in the “Phyto-Cannabinoid” arena. Endexx and CBD Health Solutions have been collaborating since September 2014, both test marketing and establishing supply chains and distribution channels utilizing Endexx’s base CBD delivery medium. CBD Health Solutions brings valuable industry experts in formulations, established industry distributors and products testers to our “Cannsumable” division. During their development and testing cycle they have formulated high quality products that fit perfectly with Endexx’s CBD initiative.
The website: www.cbdhealthsolutions.com has been live for three weeks and is generating impressive early stage sales of their current product line. Endexx’s CBDunlimited.com website, scheduled for release today, will be launched at the end of the month after fully integrating the back-end functionality of CBDhealthsolutions.com. The primary website for the “Cannsumable” division of Endexx is CBDunlimited.com. However, a full array of CBD products, applications and branding will be represented through multiple digital assets focusing on specific marketing platforms.
The CBD Health Solutions team has talent and resources that are critical to successfully implementing marketing strategies on multiple levels. The team has expertise in social media and digital advertising processes. Their target markets include: nationwide wholesale and retail distribution channels in vape shops, high end smoke shops and niche health and beauty care retailers. They are currently selling in ten states and expanding.
Scott Bramble, co-founder of CBD Health Solutions, stated “After working with Endexx for the past several months, it became apparent, through collaboration and combining our resources, we can execute our business strategy more efficiently. Together, our overall skill sets will provide us a competitive advantage in this rapidly evolving market.” Todd Davis, CEO of Endexx, added “CBD Health Solutions and their team are a high value acquisition for the long term success of Endexx in its effort to rapidly expand revenues and maximize shareholder value.”
Endexx provides innovative medical marijuana management and technology solutions. The Company has two products that launched in the first half of 2014 — the m3hub and the Autospense™. Both products provide essential solutions to promote regulatory compliance and full accountability through “seed to sale” inventory management and tracking. Based on principles developed by the pharmacological industry, the m3hub database is the first standardized software platform for tracking pharmaceutical grade marijuana to support a Centralized Medical Marijuana Industry Repository and maintain compliance with the laws of the federal government and state and local regulatory bodies. The Autospense™ is a high-tech marijuana inventory control and dispensing machine, which provides up to the minute accounting details and protects the security of the product as well as the patient. By automating the dispensing process, Autospense™ increases productivity and reduces costs for marijuana retailers, while enhancing their service quality by reducing transaction time for customers. www.endexx.com, www.m3hub.com,www.facebook.com/EndexxCorporation, www.cbdhealthsolutions.com
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