STOCK TITAN

Endexx Corporation’s HYLA Division Partners With American Shaman, Expanding Distribution Across U.S. Locations

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags
partnership

Endexx (OTC: EDXC) has announced a significant partnership between its HYLA™ division and American Shaman, a wellness retailer based in Kansas City, Missouri. This collaboration will introduce HYLA's no-nicotine vape products to 40 corporate-owned American Shaman locations, with potential expansion to 300 stores nationwide.

The partnership is part of Endexx's growth strategy, positioning HYLA for significant expansion in the domestic market. HYLA's products will be featured in a tray display program, focusing on educating consumers about nicotine-free alternatives. American Shaman's commitment to customer education and high-quality wellness products is expected to play a important role in introducing HYLA's products to a broader audience.

HYLA continues to target a compound annual growth rate (CAGR) of 300% over the next three to five years. This collaboration is anticipated to accelerate product distribution and market penetration, with more partnerships expected in the future.

Endexx (OTC: EDXC) ha annunciato una partnership significativa tra la sua divisione HYLA™ e American Shaman, un rivenditore di benessere con sede a Kansas City, Missouri. Questa collaborazione introdurrà i prodotti di vaporizzazione senza nicotina di HYLA in 40 punti vendita di proprietà di American Shaman, con una potenziale espansione a 300 negozi in tutto il paese.

La partnership fa parte della strategia di crescita di Endexx, posizionando HYLA per una significativa espansione nel mercato domestico. I prodotti di HYLA saranno presentati in un programma di esposizione a vassoio, focalizzandosi sull'educazione dei consumatori riguardo alle alternative senza nicotina. L'impegno di American Shaman per l'educazione dei clienti e per prodotti di benessere di alta qualità giocherà un ruolo importante nell'introdurre i prodotti di HYLA a un pubblico più ampio.

HYLA continua a mirare a un tasso di crescita annuale composto (CAGR) del 300% nei prossimi tre-cinque anni. Si prevede che questa collaborazione acceleri la distribuzione dei prodotti e la penetrazione del mercato, con ulteriori partnership attese in futuro.

Endexx (OTC: EDXC) ha anunciado una asociación significativa entre su división HYLA™ y American Shaman, un minorista de bienestar ubicado en Kansas City, Missouri. Esta colaboración presentará los productos de vapeo sin nicotina de HYLA en 40 ubicaciones de American Shaman de propiedad corporativa, con una expansión potencial a 300 tiendas en todo el país.

La asociación es parte de la estrategia de crecimiento de Endexx, posicionando a HYLA para una significativa expansión en el mercado nacional. Los productos de HYLA estarán destacados en un programa de exhibición en bandeja, enfocándose en educar a los consumidores sobre alternativas sin nicotina. El compromiso de American Shaman con la educación del cliente y los productos de bienestar de alta calidad se espera que juegue un papel importante en la introducción de los productos de HYLA a una audiencia más amplia.

HYLA continúa apuntando a un tasa de crecimiento anual compuesto (CAGR) del 300% en los próximos tres a cinco años. Se anticipa que esta colaboración acelere la distribución de productos y la penetración en el mercado, con más asociaciones esperadas en el futuro.

Endexx(OTC: EDXC)는 캔자스 시티, 미주리주에 본사를 둔 웰빙 소매업체 American Shaman과의 중요한 파트너십을 발표했습니다. 이 협력 관계는 HYLA의 니코틴 없는 vape 제품을 40개의 American Shaman 매장에서 소개하고, 전국적으로 300개 매장으로 확대될 가능성이 있습니다.

이 파트너십은 Endexx의 성장 전략의 일환으로 HYLA를 국내 시장에서의 중요한 확장을 위해 포지셔닝하고 있습니다. HYLA의 제품은 소비자에게 니코틴 없는 대안에 대해 교육하는 데 중점을 둔 트레이 전시 프로그램에 소개됩니다. 고객 교육과 고품질 웰빙 제품에 대한 American Shaman의 의지는 HYLA의 제품을 더 넓은 청중에게 소개하는 데 중요한 역할을 할 것으로 예상됩니다.

HYLA는 향후 3~5년 동안 연평균 성장률(CAGR) 300%을 목표로 하고 있습니다. 이 협업은 제품 유통 및 시장 침투를 가속화할 것으로 기대되며, 앞으로 더 많은 파트너십이 예상됩니다.

Endexx (OTC: EDXC) a annoncé un partenariat significatif entre sa division HYLA™ et American Shaman, un détaillant de bien-être basé à Kansas City, Missouri. Cette collaboration présentera les produits de vape sans nicotine de HYLA dans 40 établissements appartenant à American Shaman, avec une expansion potentielle à 300 magasins à l'échelle nationale.

Ce partenariat fait partie de la stratégie de croissance d'Endexx, positionnant HYLA pour une expansion significative sur le marché national. Les produits de HYLA seront mis en avant dans un programme d'exposition en plateau, axé sur l'éducation des consommateurs concernant les alternatives sans nicotine. L'engagement d'American Shaman envers l'éducation des clients et des produits de bien-être de haute qualité est attendu pour jouer un rôle important dans l'introduction des produits de HYLA à un public plus large.

HYLA continue de viser un taux de croissance annuel composé (CAGR) de 300% au cours des trois à cinq prochaines années. Cette collaboration devrait accélérer la distribution des produits et la pénétration du marché, avec d'autres partenariats attendus à l'avenir.

Endexx (OTC: EDXC) hat eine bedeutende Partnerschaft zwischen seiner HYLA™-Abteilung und American Shaman, einem Wellness-Einzelhändler mit Sitz in Kansas City, Missouri, angekündigt. Diese Zusammenarbeit wird die nikotinfrei dampfen Produkte von HYLA in 40 geschäftseigenen American Shaman Standorten einführen, mit einer potenziellen Erweiterung auf 300 Geschäfte landesweit.

Die Partnerschaft ist Teil der Wachstumsstrategie von Endexx, die HYLA auf eine erhebliche Expansion im Inlandsmarkt positioniert. Die Produkte von HYLA werden in einem Tray-Displayprogramm hervorgehoben, das sich darauf konzentriert, Verbraucher über nikotinfrei Alternativen aufzuklären. Das Engagement von American Shaman für Kundenbildung und hochwertige Wellness-Produkte wird eine wichtige Rolle dabei spielen, die Produkte von HYLA einem breiteren Publikum vorzustellen.

HYLA zielt weiterhin auf eine jährliche Wachstumsrate (CAGR) von 300% in den nächsten drei bis fünf Jahren ab. Es wird erwartet, dass diese Zusammenarbeit die Produktverteilung und Marktdurchdringung beschleunigt, wobei in Zukunft mit weiteren Partnerschaften gerechnet wird.

Positive
  • Partnership with American Shaman expands HYLA's distribution to 40 corporate-owned locations, with potential for 300 stores nationwide
  • Collaboration aligns with Endexx's growth strategy for significant domestic market expansion
  • HYLA targets a compound annual growth rate (CAGR) of 300% over the next 3-5 years
  • Partnership expected to accelerate product distribution and market penetration
Negative
  • None.

PHOENIX, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Endexx Corporation (OTC: EDXC), a leading provider of plant-based wellness and lifestyle products, today announced a major new partnership between its HYLA™ division and American Shaman, a well-established wellness retailer based in Kansas City, Missouri. This partnership will introduce HYLA’s innovative no-nicotine vape products to 40 corporate-owned American Shaman locations, with the potential to expand into 300 stores nationwide.

This collaboration is a key part of Endexx’s growth strategy as the HYLA division continues to secure distribution agreements across the U.S. The partnership with American Shaman is just one of many anticipated deals, positioning HYLA for significant expansion in the domestic market.

HYLA's Strategic Partnership with American Shaman

HYLA’s no-nicotine, plant-based vape products will initially launch in 40 corporate-owned American Shaman locations as part of a tray display program, focusing on educating consumers about the benefits of nicotine-free alternatives. American Shaman, known for its commitment to customer education and high-quality wellness products, will play a crucial role in introducing HYLA’s products to a broader audience.

"We are excited to partner with American Shaman," said Brad Listermann, Interim CEO of Endexx Corporation. "Their store members are highly knowledgeable in consumer education, and we believe they will do an excellent job of helping customers understand the benefits of our HYLA products. This partnership marks another milestone in making HYLA’s no-nicotine products a household name."

A Promising Future for HYLA and Endexx

HYLA continues to target a compound annual growth rate (CAGR) of 300% over the next three to five years. The collaboration with American Shaman is expected to accelerate product distribution and market penetration, with more partnerships on the horizon.

Dustin Sullivan, VP of HYLA, added, "This is a great opportunity to introduce our all-natural, nicotine-free vape products to more U.S. consumers. With American Shaman's strong retail presence and commitment to customer education, we are confident this partnership will fuel further growth."

About American Shaman

American Shaman is a well-established leader in the wellness industry with over 360 locations across the United States. Founded by Vince Sanders in Kansas City, Missouri, the company has built a reputation for providing high-quality, fast-acting wellness solutions through advanced technology. With a dedicated team of experts, American Shaman continues to innovate and expand its reach, offering effective products that meet the diverse needs of customers

About Endexx Corporation

Endexx Corporation, through its operating divisions CBD Unlimited, Inc., and HYLA, develops and distributes all-natural, plant-based topical products, as well as non-nicotine vape products in the wellness and health market. HYLA is a wholly owned subsidiary of Endexx, offering a proprietary non-nicotine vape product, rapidly expanding its market share internationally through unique and all-natural botanical formulations. CBD Unlimited produces and distributes high-end CBD-based products derived from hemp, designed to address various health issues and promote wellness in humans and pets. Endexx has developed a wide distribution network that includes pharmacies, mass retailers, and e-commerce platforms.

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements, including, without limitation, those regarding the company’s expectations, intentions, strategies, and beliefs concerning future performance. These forward-looking statements involve certain risks and uncertainties, including uncertainties regarding economic conditions, customer acceptance of products, regulatory actions, competition, and other factors, which could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Readers should not place undue reliance on forward-looking statements. The company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

Contact:
Endexx Corporation
480-595-6900
IR@Endexx.com
www.endexx.com

Partnership Opportunities
To learn more about becoming a distribution partner with HYLA, visit: https://www.hyladistribution.com


FAQ

What is the new partnership announced by Endexx (EDXC) for its HYLA division?

Endexx 's HYLA division has partnered with American Shaman to introduce HYLA's no-nicotine vape products to 40 corporate-owned American Shaman locations, with potential expansion to 300 stores nationwide.

How many American Shaman stores will initially carry HYLA products from Endexx (EDXC)?

HYLA products will initially launch in 40 corporate-owned American Shaman locations as part of a tray display program.

What is the compound annual growth rate (CAGR) target for HYLA, a division of Endexx (EDXC)?

HYLA is targeting a compound annual growth rate (CAGR) of 300% over the next three to five years.

How will the partnership with American Shaman benefit Endexx (EDXC) and its HYLA division?

The partnership is expected to accelerate product distribution and market penetration for HYLA, contributing to Endexx's growth strategy and expanding HYLA's presence in the domestic market.

ENDEXX CORP

OTC:EDXC

EDXC Rankings

EDXC Latest News

EDXC Stock Data

5.06M
474.28M
6.34%
Drug Manufacturers - Specialty & Generic
Healthcare
Link
United States of America
Cave Creek