Feb 13, 2020 (Stock Market Press via COMTEX) -- The CBD industry is growing exponentially and projected by search firms to grow 125% YOY each year for next five years. To grow in market share in an exploding industry requires an ability to grow in omni channels, in new foreign markets and in diverse classifications, from oils to pets. CBD expanding distribution focus is key to growth for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC).
CBD expanding distribution is attracting media attention. Companies such as stockmarketpress.com features specialized coverage of CBD related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC:SPRWF) and OrganiGram Holdings Inc. (NASDAQ: OGI).
CBD Expanding Distribution Focus Is Key To Growth For Companies Such As CBD Unlimited, Inc. (OTC PINK: EDXC)
The CBD industry is growing rapidly and that presents a challenge to CBD companies that are focused on maintaining and increasing market share. CBD Expanding Distribution Focus Is Key To Growth For Companies Such As CBD Unlimited, Inc. (OTC PINK: EDXC). This is an aggressive, entrepreneurial company capable at once of growing not only within the domestic market everywhere from mass merchants, specialty stores and even kiosks, but also to foreign countries which welcome CBD products.
Expanding Within A Growing CBD Industry Spells Success For CBD Unlimited, Inc. (OTC PINK: EDXC)
CBD Unlimited, Inc. (OTC PINK: EDXC) markets its line of high quality CBD products sourced from hemp. As the industry skyrockets, maintaining and growing market share is a challenge CBD Unlimited, Inc. (OTC PINK: EDXC) meets. It is focused on expanding its shelf placement in pharmacies, mass merchants, specialty outlets such as bodegas and convenience outlets and even self-service kiosks that offer extended hours and high profit margins.
Omni Channel Marketing Effective For CBD Unlimited, Inc. (OTC PINK: EDXC)
Omni-channel marketing of the CBD Unlimited, Inc. (OTC PINK: EDXC) product is critical. While almost 70% of all CBD sales today are made online, the company sells through social media such as TikTok, more than 5,000 mass market brick-and-mortar stores, pharmacies and specialty stores such as bodegas and convenience outlets.
CBD is going mainstream and requires the ability to place branded product in a diverse amount of locations, satisfying the needs of consumers who wish to try CBD products. The company that offers them consistency in product through CBD quality control and vertical integration, with seed-to-sale control over product quality, will win market share growth. CBD Unlimited, Inc. (OTC PINK: EDXC) emphasizes highest quality CBD product sourced from USDA and state regulated hemp. Its hemp is grown in Colorado and Kentucky for premium genetics and to ensure superior quality.
Foreign Marketing Expansion Positive For CBD Unlimited, Inc. (OTC PINK: EDXC)
As it focuses on more diverse shelves in its domestic CBD marketing, CBD Unlimited, Inc. (OTC PINK: EDXC) is also growing by entering into more foreign markets such as Puerto Rico, Jamaica and South Africa. The company is also in negotiations to enter into new markets such as United Kingdom, Mexico and S. Korea, and others. CBD expanding distribution focus is key to growth for companies such as CBD Unlimited, Inc. (OTC PINK: EDXC).
Source: Stock Market Press
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