CAVE CREEK, AZ, April 08, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE – CBD Unlimited, Inc., formerly known as Endexx Corporation
(EDXC), a provider of innovative phytonutrient-based food and nutritional products, is pleased to announce the company has
completed the production of 7.5 million wholesale products to meet initial demand requirements.
CBD Unlimited recently completed another record-breaking quarter with company projections to hit greater milestones this year.
CBD Unlimited has illustrated its ability to produce product at full-scale levels and will continue to expand its full-scale
production capabilities as demand continues to increase. The company expects demand to accelerate every quarter over the next 2
years.
“Last year, we grew CBD Unlimited’s distribution to over 1,000 distribution channels. With full-scale production capabilities,
we are confident that we will reach at least 5,000 by 2020,” commented CEO & Chairman Todd Davis. “With the recent passage of the
Farm Bill in December 2018, we are seeing an increase in our national product reach and will be able to deliver to meet these high
demand levels.”
About CBD Unlimited, Inc.
CBD Unlimited, Inc., with its collaborative partners and consultants, develops and distributes two consumable product lines
derived from Hemp, which is all-natural and rich in phyto-cannabinoids. Phyto-Bites® is its CBD-infused soft chews for dogs. The
dog treats are formulated to promote health and support the reduction of separation anxiety, pain and inflammation.
The company also has two key technology products and services that launched in 2014. Both products provide essential solutions
to promote regulatory compliance and full accountability through asset protection, inventory management, compliance and an “end of
sale” technology integration. Based on principles developed by the pharmacological industry, the integrated “Gorilla-Tek” platform
is the first standardized hardware agnostic and software solution for tracking high- risk high-shrink regulated and restricted
products that maintains compliance with federal, state and local regulations. It is intended to provide conformity with federal and
state mandates. Gorilla-Tek™ is also a commercial-grade inventory control and dispensing device that provides up-to-the-minute
accounting details and ensures both product and patient security. By automating the dispensing process, Gorilla-Tek™ increases
productivity and reduces costs for retailers, while enhancing their service quality by reducing transaction time for customers.
Websites include: www.cbdunlimited.com, and www.phytobites.com.
Safe Harbor Notice
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act
of 1995, such as statements relating to financial results and plans for future development activities and are thus prospective.
Forward-looking statements include all statements that are not statements of historical fact regarding intent, belief or current
expectations of the company, its directors or its officers. Investors are cautioned that any such forward-looking statements are
not guarantees of future performance and involve risks and uncertainties, many of which are beyond the company’s ability to
control. Actual results may differ materially from those projected in the forward-looking statements. Among the factors that could
cause actual results to differ materially from those indicated in the forward-looking statements are risks and uncertainties
associated with the company’s business and finances in general, including the ability to continue and manage its growth,
competition, global economic conditions and other factors discussed in detail in the Company’s periodic filings with the Securities
and Exchange Commission. The company undertakes no obligation to update any forward-looking statements.
Contact: For further investor and media information, contact: CBD Unlimited, Inc. Todd Davis Chairman & CEO Todd@cbdunlimited.com 480-595-6900