CAVE CREEK, AZ--(Marketwired - Oct 18, 2016) - Endexx Corporation (OTC PINK: EDXC), a provider of innovative phyto-nutrient based food and nutritional products, is pleased to announce that is has successfully completed the first round of production of its new pet product line, Phyto-Bites®, 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.
Todd Davis, CEO of Endexx, stated, "We increased our first full production run by 20 fold due to the high demand we've been experiencing, as well as all the positive testimonials from our clients. We plan on doing another production run in November. We are scaling up our operations for the first calendar year quarter with distribution through national chains and stores across the country. Initially, products are going out to our health and wellness, and vitamin stores that we are currently serving. However, we will be targeting up to five national chains over the course of the next 12 months, which will broaden our customer base and increase revenue as we meet demand. Obviously this is great news for our shareholders and comes on the tail of us recently announcing our best quarter ever."
Endexx provides innovative inventory management and technology solutions. Endexx, with its collaborative partners and consultants, develops and distributes two consumable product lines derived from industrial hemp, which is organic and naturally rich in phytocannabinoids. The company has two technology products and services that launched in 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 an "End of Sale" technology integration. Based on principles developed by the pharmacological industry, the m3hub platform is the first standardized software solution for tracking pharmaceutical grade marijuana that maintains compliance with federal, state and local regulations. It is intended to provide a smooth transition to eventual federal mandates. The Autospense™ is 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, Autospense™ increases productivity and reduces costs for marijuana retailers, while enhancing their service quality by reducing transaction time for customers. Websites include: www.cbdunlimited.com, www.endexx.com, www.m3hub.com.
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