CBD Unlimited, Inc., formerly known as ENDEXX Corporation (OTC: EDXC) stock price has seen a massive surge in early 2019, while in previous months, the company’s stock remained mostly stable at around $0.05. However, in January, the price started growing until it hit a resistance at $0.2. After a small resistance which was stopped by a support level at $0.1, the price spent most of February at $0.14, with $0.15 acting as its new resistance level. Then, in late February, the stock price started seeing a massive surge — one that allowed it to break numerous resistance levels and only stop at $0.4. While this resistance also caused a mild correction in the second half of March, the price resumed growth in April and broke every resistance it faced thus far.
Who is CBD Unlimited?
CBD Unlimited is a micro-cap publicly traded company that represents the interests of its shareholders. The company also collaborates with doctors, scientists, engineers, software developers, as well as with a wide variety of companies. Their goal is to create businesses that can thrive together, in the equity markets.
CBD Unlimited team knows that there are multiple smaller companies with advanced, new technologies that still struggle a lot to sustain themselves as stand-alone firms. This is why the company uses various collaborative practices, as well as individual and group skill sets to improve these companies’ positions and help them grow without suffering large costs and having to deal with redundancies that might end up eliminating them before they get a chance to reach their full potential.
Everyone in CBD Unlimited’s management team has anywhere between 10 to 50 years of experience in their fields, which makes them professionals. All of these professionals work together to help the company by adding their individual experience for the purpose of growing businesses, as well as creating and implementing new technologies.
The company does this itself, but also receives help from its subsidiaries. By helping entrepreneurs thrive, the company offers maximum returns to its own investors, allowing each individual shareholder to become successful and contribute to the further development of the entire industry.
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From Endexx to CBD Unlimited: The change followed by growth
As mentioned, CBD Unlimited used to be known as Endexx Corporation, until the company officially changed its name back in November 2018. Soon after this change, the company saw a lot of activity, where it entered numerous deals to provide marketing strategy. One of its most notable partnerships was the joint venture with Global Financial Ecosystems, Inc, which was announced in late January of this year.
Soon after that, in early March, the company engaged private sales group under the subsidiary name, CBD Health Solutions. March was also significant for the firm due to the purchase of their new corporate headquarters in Cave Creek, AZ.
However, the reason why the company’s stock price skyrocketed recently is their move towards entering the pharmacy, food, and mass retail industries. The firm, which is also a provider of innovative phytonutrient-based food and nutritional products, announced that they completed the production of 7.5 million wholesale products only to meet initial demand requirements.
Further, this comes after completing a record-breaking quarter, which caused the company to set up even greater milestones for the rest of the year.
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It is clear that the company is advancing at a rapid pace, expanding its reach, and increasing their production, which are all marks of a massively successful rising firm. Because of this, investing in CBD Unlimited while its’ stock price is still relatively low is an extremely smart decision, particularly since the price continues climbing up, currently being at $0.53. We will be updating on CBD Unlimited when more details emerge so make sure you are subscribed to Microcapdaily so you know what’s going on with CBD.
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Disclosure: we hold no position in CBD Unlimited either long or short and we have not been compensated for this article.