Endexx update on proprietary Cannsumables Division
September 29 2014 - 4:00PM
InvestorsHub NewsWire
Endexx to Exhibit at
Marijuana Business Conference & Expo 2014
Cave Creek, AZ- September
29, 2014 - InvestorsHub NewsWire - Endexx Corporation
(OTC
Pink: EDXC), a provider of innovative medical marijuana
management and technology solutions, is pleased to announce that
its Cannsumable division has received an initial shipment of 10
liters of high grade organic CBD (cannabidiol) rich hemp oil.
Endexx has secured a high quality supply chain of pharmaceutical
grade CBD-rich hemp oil for the immediate processing and
distribution of Endexx’s proprietary nutraceutical products for the
US market under the M3CBD and Cannsumable brands.
In line with its commitment to
develop quality controls and the highest standards for the
industry, Endexx is engaging with collaborative partners with
scientific, medical and food industry expertise to assure that cost
effective delivery systems are developed, manufactured and
distributed under the strictest quality standards for purity,
transparency, dosage accuracy and bioavailability.
According to findings from numerous
experimental and clinical studies, the absorption ratio of CBD when
administered orally is 6%, and 31% when smoked or
inhaled.
The first Cannsummable product
scheduled to be launched in October is a discreet vaporizer kit
that includes a pen, 2 batteries, a USB port and 2 oil clearomizers
with 40 milligrams of high grade CBD in an all-natural hemp oil
base. The kit is presented in an attractive and user-friendly
CannCan trademarked container. The first batches have been pre-sold
and the kit has a suggested retail price of $120-150
USD.
Other products to be launched in the
coming months include an organic frozen edibles and sublingual
drops. In other future developments, recognizing the need for a
wider body of research to help identify the potential therapeutic
properties and role of CBD in alternative pain management, Endexx
is planning to support a case study with medical patients suffering
from diabetic neuropathy.
Endexx announced that
it will be exhibiting at the
Marijuana Business Conference & Expo in Las Vegas November
12-14. Endexx will feature
the core M3Hub inventory tracking and management platform(Version
1.0), the Autospense inventory control and dispensing technology as
well as the new line of CBD (cannabidiol) rich hemp oil
products.
About
Endexx
Endexx provides innovative medical
marijuana management and technology solutions. The Company has two
products that launched in the first half of 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 tracking. Based on principles
developed by the pharmacological industry, the m3hub database is
the first standardized software platform for tracking
pharmaceutical grade marijuana to support a Centralized Medical
Marijuana Industry Repository and maintain compliance with the laws
of the federal government and state and local regulatory bodies.
The Autospense™ is a high-tech marijuana inventory control and
dispensing machine, which provides up to the minute accounting
details and protects the security of the product as well as the
patient. 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. www.endexx.com, www.m3hub.com, www.autospense.com
Safe Harbor
Notice
This press release may contain
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, such as statements
relating to financial results and plans for future development
activities, and are thus prospective. Forward-looking statements
include all statements that are not statements of historical fact
regarding intent, belief or current expectations of the Company,
its directors or its officers. Investors are cautioned that any
such forward-looking statements are not guarantees of future
performance and involve risks and uncertainties, many of which are
beyond the Company's ability to control. Actual results may differ
materially from those projected in the forward-looking statements.
Among the factors that could cause actual results to differ
materially from those indicated in the forward-looking statements
are risks and uncertainties associated with the Company's business
and finances in general, including the ability to continue and
manage its growth, competition, global economic conditions and
other factors discussed in detail in the Company's periodic filings
with the Security and Exchange Commission. The Company undertakes
no obligation to update any forward-looking statements.
CONTACT:
For further investor and media information
Endexx Corporation
Todd Davis, Chairman &
CEO
endexx@endexx.com
480-595-6900
IRTH Communications
Robert Haag
Managing Director
edxc@irthcommunications.com
866-976-4784
Endexx (PK) (USOTC:EDXC)
Historical Stock Chart
From Dec 2024 to Jan 2025
Endexx (PK) (USOTC:EDXC)
Historical Stock Chart
From Jan 2024 to Jan 2025