Welcome to our dedicated page for Galexxy Holdings news (Ticker: GXXY), a resource for investors and traders seeking the latest updates and insights on Galexxy Holdings stock.
Galexxy Holdings Inc. (OTC:GXXY) generates news that reflects its role as a healthcare and wellness-focused holding company centered on functional mushroom, adaptogen, and plant-based health products. Company announcements highlight how Galexxy builds and funds business units and partnerships in the wellness space, including functional mushroom–adaptogen product lines, direct selling ventures, and technology-enabled distribution platforms.
News releases often cover strategic partnerships and brand developments, such as Galexxy’s funding and majority ownership role in Adaptin LLC, a wellness brand focused on functional adaptogens and nootropics, and its Product and Brand Purchase Agreement consolidating ownership of the Galexxy brand and mushroom-based products. Updates also describe collaborations with marketing and technology partners, including New Age Marketing and Hussle’s sales app technology, to support client acquisition and direct sales growth.
Investors and observers can also expect corporate strategy and portfolio updates. Galexxy has reported a strategic shift away from CBD and hemp toward the functional mushroom market, adjustments in its holdings such as the return of its majority position in ABC Wholesale LLC, and plans for business units like Wellbeing Farms, Galexxy LLC, and VendGenie. These releases provide insight into how the company reallocates capital and focuses on specific wellness segments.
Another recurring theme in GXXY news is governance and leadership changes, including the appointment of executives and board members with experience in wellness, nutrition, personal care, and direct selling. Readers who follow GXXY news can track how these leadership additions, partnerships, and strategic decisions shape the company’s presence in functional mushrooms, adaptogens, and plant-based health products over time.
Adaptin, a new wellness brand, announced its launch on June 25, 2024, aiming to bring functional adaptogens and nootropics to a global audience through innovative marketing strategies. The US adaptogen and functional mushroom supplements market was valued at $40 billion in 2023, part of the $5.7 trillion global wellness market. The brand offers products like natural and organic gummies and elixirs designed to combat anxiety, stress, lack of sleep, and focus issues. Adaptin's proprietary 100-day extraction process ensures high-quality blends. The company plans a preview in Q3 2024 and a full launch in October 2024, with opportunities for early access and profit-sharing.
Galexxy Holdings (OTC PINK:GXXY) has elected Tyler Whitehead to its board of directors. Whitehead is the co-founder and CEO of Adaptin, former CEO of Arbonne, and was President for Nu Skin Enterprises. Over 20 years, he has driven growth in the wellness sector, with experience in global markets, innovation, and legal and risk management. His recent role at Arbonne involved transforming the brand through digital and sustainable business models. Whitehead aims to leverage his expertise to expand Galexxy's reach in the $4.6 trillion global wellness market.
Galexxy Holdings Inc. announces the creation of a new company, Adaptin, , focusing on the functional mushroom and adaptogen market. Adaptin aims to tap into the rapidly growing $32B global market by offering innovative products and business models. Tyler Whitehead is appointed as CEO and Co-Founder, with Galexxy maintaining a 56.5% ownership stake. The partnership aims to drive innovation, expand globally, and enhance customer engagement.
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