Endexx Grows from 3,500 to 8,000 Stores Nationwide in Mass Pharmacy and Retail Markets
CAVE CREEK, AZ, Aug. 10, 2022 (GLOBE NEWSWIRE) — via NewMediaWire — Endexx Corporation (OTC:EDXC), a provider of innovative and sustainable plant-based health and skincare products, today announced its progress on crucial growth initiatives as the company surpassed 8,000 retail stores and pharmacies nationwide. This growth represents a full recovery from the extreme contraction during the Covid pandemic. In mass distribution alone, the number of stores has increased by more than 130% since December 2021.
“Endexx pivoted its direction at the start of the pandemic. By being more price sensitive and offering high quality products with functional value, retail buyers have responded positively,” commented CEO and President Todd Davis. Davis added, “We are narrowing our product offerings and focusing on products with high redemption rates and profitability across key sales channels.”
Endexx is targeting the top 8 mass retailers nationwide over the next 12-24 months. Meetings with buyers from these companies have been positive. Shoppers are looking for products that are successful, even in times of recession and changing consumer behavior.
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Endexx strongly recommends that its customers and stakeholders discover the value and experience of our Blesswell™ Skincare products. Visit www.BlesswellSkincare.com to learn more.
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For more information about Endexx Corporation:
Visit: www.endexx.com, www.cbdunlimited.com, www.maggiesline.com, www.blesswell.co and www.blesswellskincare.com
About Endexx Corporation
Endexx Corporation develops and distributes all-natural herbal topical skincare products. Its products vary from balms, creams, lotions, butters, masks, scrubs and oils, all with the common goal of healthy skin and cared for well-being. The science behind these products involves a decade of clinical field research and lab work to deliver a functional formulation with ingredients for optimal absorption and support of skin health.
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We caution that any forward-looking statements (as defined in the United States Private Securities Litigation Reform Act of 1995) contained in this press release or made by us, our management or our spokespersons involve risks and uncertainties and are subject to change. based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied by such forward-looking statements. Forward-looking statements include, but are not limited to, statements regarding our future results of operations, the implementation and impact of our strategic plans, and our ability to achieve our environmental, social and governance objectives. Words such as “estimate”, “commit”, “target”, “goal”, “project”, “plan”, “believe”, “seek”, “strive”, “expect” , “anticipate”, “intend”, “potential” and similar expressions may identify forward-looking statements. The risks associated with the following factors, among others, could affect our financial performance and cause actual results to differ materially from those expressed or implied by the forward-looking statements:
Except as required by law, we assume no obligation and do not intend to publicly release any update or other revision to any of the forward-looking statements contained in this press release to reflect current circumstances. after the date of this press release or to reflect the occurrence of future events, even if experience or future events clearly indicate that the expected results expressed or implied by such forward-looking statements will not be achieved. More information about potential factors that could affect our results is included under “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2022.
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