Bulletin
Investor Alert

New York Markets Close in:

Feb. 4, 2020, 9:07 a.m. EST

CBD Pricing Is Competitive But Can Be Impulse and Blind, Including CBD Unlimited, Inc. (otc pink:EDXC)

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Supreme Cannabis Co. Inc. (SPRWF)

or Cancel Already have a watchlist? Log In

Feb 04, 2020 (Stock Market Press via COMTEX) -- CBD is seen everywhere at retail today, from big box stores to pharmacies. What makes it especially attractive to smaller units especially, such as convenience stores and bodegas, is that it can be blind priced or sold at a higher profit margin. CBD pricing is competitive but impulse, including CBD Unlimited, Inc. (OTC PINK: EDXC), because it is still in its infancy as a classification.

CBD is now higher profile. Media companies such as stockmarketpress.com features coverage of CBD related stocks such as CBD Unlimited, Inc. (OTC PINK: EDXC), Supreme Cannabis Company /zigman2/quotes/203819708/delayed SPRWF +1.54% , and Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH) and Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT).

CBD pricing is competitive but impulse, including CBD Unlimited, Inc. (OTC PINK: EDXC)

As brick-and-mortar retailers struggle to compete with online marketers, CBD provides a way to promote and sell a new product line at higher profit margins. The category is so new, consumers are not competitive shopping yet. CBD pricing is competitive but impulse, including CBD Unlimited, Inc. (OTC PINK: EDXC), and that means high end department stores, convenience stores and niche locations -- such as bath and body chains -- like the higher margins that result.

Multiple CBD Lines Are An Advantage For CBD Unlimited, Inc. (OTC PINK: EDXC), Others

Consumers are learning more about the CBD products that are effective, in terms of not just brand but also type --- skin creme versus oils -- in a quick-growing market. Retailers are looking for new categories to market at a high margin, and CBD fits that need. CBD pricing is competitive but impulse, including CBD Unlimited, Inc. (OTC PINK: EDXC), and marketers find this newer market attractive in sales and margins. Consumers are still learning and are not yet fully brand loyal.

The result is that even self-service kiosks, such as those made available in wellness centers by CBD Unlimited, Inc. (OTC PINK: EDXC), are successful in this market as consumers are willing to buy in unconventional settings. Retailers like a classification that attracts consumers willing to try something new, such as CBD. CBD pricing is competitive but impulse, including CBD Unlimited, Inc. (OTC PINK: EDXC), and that will be a positive trend for the entire CBD category.

Promoting CBD For CBD Unlimited, Inc. (OTC PINK: EDXC) Is A Win-Win

In fact, CBD is so new to these upscale conventional retailers that they are specially promoting it in store windows, up front vignettes and other ways to ensure that consumers know CBD is available. As word of mouth strengthens CBD products, brick-and-mortar retailers benefit.

The result of all this is a win-win for retailers and suppliers alike. Retailers get higher margins with blind pricing and suppliers have the chance to build loyalty to their brands and entice consumers to try new products, from oils to gummy bears. As CBD is accepted, consumers try more, pay more and try different brands. CBD pricing is competitive but impulse, including CBD Unlimited, Inc. (OTC PINK: EDXC), and winds up as a marketing opportunity for all CBD marketers.

Source: Stock Market Press

Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.

Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.

Contact:

Stock Market Press
110 Wall St.
New York, NY 10005 info@stockmarketpress.com Safe Harbor Statement:

Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.

See Stock Market Press disclaimer: http://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press

COMTEX_361494295/2617/2020-02-04T09:07:29

/zigman2/quotes/203819708/delayed
US : U.S.: OTC
$ 0.20
+0.0030 +1.54%
Volume: 238,807
April 7, 2020 3:54p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$70.20 million
Rev. per Employee
N/A
loading...

This Story has 0 Comments
Be the first to comment

Story Conversation

Commenting FAQs »
Link to MarketWatch's Slice.