STOCK TITAN

CBD Unlimited Inc - EDXC STOCK NEWS

Welcome to our dedicated news page for CBD Unlimited (Ticker: EDXC), a resource for investors and traders seeking the latest updates and insights on CBD Unlimited.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CBD Unlimited's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CBD Unlimited's position in the market.

Rhea-AI Summary
Endexx (EDXC) has reported substantial financial growth and market expansion in its annual financial results for the fiscal year ending September 30, 2023. The company achieved a remarkable revenue increase of $3,908,385 in 2023, up 83% from the previous year. Endexx also expanded its global footprint, with notable revenue contributions from Italy. The company's total assets stood at $10,328,161, showcasing effective asset management practices. Endexx is dedicated to sustaining its growth trajectory through strategic marketing, product innovation, and international market expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
-
Rhea-AI Summary
Endexx (OTC: EDXC) rebrands to HYLA and secures a $348,812.50 distribution agreement with a Houston distributor, signaling a significant step in market expansion. The deal is expected to drive substantial revenue growth through quarterly orders of proprietary wellness products. CEO Nick Mehdi anticipates multimillion-dollar revenues and enhanced market presence, highlighting a strategic shift towards innovation and environmental stewardship.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-18.86%
Tags
none
-
Rhea-AI Summary
Endexx (OTC: EDXC) announces strategic moves to leverage new opportunities in European markets post-cannabis legalization in Germany, positioning the company and its HYLA brand at the forefront of plant-based wellness.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-20.35%
Tags
none
Rhea-AI Summary
Endexx Corporation (EDXC) appoints Victor Mokuolu, CPA PLLC as new independent auditor, signaling commitment to transparency and growth. The decision to engage VMCPA was made after challenges with previous auditors, Turner, Stone & Company. The transition is detailed in a recent Form 8-K/A filing with the SEC, reflecting Endexx's dedication to upholding financial reporting standards and accountability. The move aligns with the company's strategic vision for operational efficiency, sustainable growth, and shareholder value creation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.11%
Tags
none
-
Rhea-AI Summary
Endexx Corporation (EDXC) announces a strategic update on auditing and financial reporting processes, parting ways with previous auditors Turner, Stone & Company, L.L.P. The decision aims to enhance alignment and efficiency, ensuring transparency and operational excellence. The company is in the process of selecting a new auditor to support its growth trajectory and commitment to stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Endexx Corporation (EDXC) announces significant recalibration of leadership dynamics and board composition, welcoming Claude Zdanow as the second board member and entrusting him with the role of Investor Communications Lead. The company's recent strategic maneuvers, including distribution agreements and market entries, reflect its commitment to global expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.23%
Tags
none
Rhea-AI Summary
Endexx Corporation (EDXC): HYLA Targets 11 Key European Markets With TPD
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.48%
Tags
none
-
Rhea-AI Summary
Endexx Corporation announces progress update for its HYLA division, exceeding first year expectations. Sales of HYLA products reached five million in the first 14 months since launch. Distribution expanded to 11 international countries with secured government approvals. Re-order rates are accelerating, and product placement has been achieved in over 5,000 international locations. Endexx restructured convertible debt to fixed debt and reduced operating costs, driving the company to gross profitability. Anticipated annual growth for HYLA's products is projected to be 250-500% for the next 3-5 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.59%
Tags
none
-
News
Rhea-AI Summary
Endexx Corporation announces progress update for 2023, highlighting accelerated revenue and international distribution since acquiring HYLA. Sales of HYLA products exceeded $5 million in the first 14 months since launch, with distribution in 11 international countries. Re-order rates are accelerating, and product placement has reached over 5,000 international locations. Endexx has restructured convertible debt to fixed debt and reduced operating costs, driving the company towards gross profitability. Anticipated annual growth for HYLA's products is 250-500% for the next 3-5 years.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.59%
Tags
none
Rhea-AI Summary
Endexx Corporation announces strategic partnership with XVI Ventures to lead HYLA's marketing efforts in Italy
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
partnership
CBD Unlimited Inc

OTC:EDXC

EDXC Rankings

EDXC Stock Data

11.80M
474.28M
6.34%
Software Publishers
Information
Link
United States
Cave Creek

About EDXC

cbd unlimited provides only the highest quality m3cbd® hemp based nutritional extracts that are rich in non-psychoactive phyto-cannabinoids and terpenoids, and are formulated to the highest standard of purity and “serving or mg”(milligram) accuracy. cbd unlimited also provides equipment to suit your needs, including m3vape® starter kits and accessories. at cbd unlimited we strive to develop delivery methods and formulations that enhance bioavailability, are cost effective, affordable and offer the most rewarding experience to our customers and users. our mission is to deepen and share the understanding of the state of the science of cannabinoids. we support research and case studies in collaboration with medical professionals and institutions.