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Endexx to Launch Men's Skincare Line in Amazon's Store

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Endexx Corporation (EDXC) has received clearance to sell its Hemp-Derived skincare products on Amazon, which are THC and CBD-free, ensuring regulatory compliance in the USA, Mexico, and Canada. Pending approvals in Japan, the UK, and Australia will further enhance its market reach. The new product line aims to optimize consumer engagement and capitalize on Amazon's shopping platform, addressing consumer demand for wellness products. The rollout will feature up to six SKUs, with plans for expansion into mass retail stores.

Positive
  • Clearance to sell Hemp-Derived skincare products on Amazon enables broader consumer access.
  • Product formulation is compliant, free from THC and CBD, reducing regulatory barriers.
  • Pending approvals in additional markets like Japan and the UK enhance growth potential.
  • Initial rollout includes six SKUs, indicating strong product diversification.
Negative
  • None.

Endexx Will Build on Continued Growth and Success of Its Men’s Skincare and Grooming Category to Expand and Deepen Connection With Consumers

CAVE CREEK, AZ, June 22, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire  – Endexx Corporation  (OTCBB: EDXC) today received clearance for its Hemp-Derived and Plant-Based Skincare and grooming products in Amazon’s store. The products are rich in plant derived nutrients proven to support healthy skin.  This product line has no Cannabidiol or THC in its formulation, providing a clear and compliant pathway to successful e-commerce in the Amazon Seller’s Central Platform.  The line has been cleared to sell in the USA, Mexico and Canada, with pending approvals in Japan, United Kingdom and Australia.  Initially, the rollout with up to six SKUs available to consumers.

The store is being professionally built to both optimize key search word success and to maximize the Skincare Brand’s leadership footprint.  

The initiative is the latest example of Endexx’s growing and successful skin care category, and how the company has been able to innovate and engage customers in new ways since becoming a consumer product company in early 2015. Endexx will expand its product offerings and utilize this platform to grow the brand and further support sales on shelf in Mass Retail stores.

“Through customer feedback and research, our consumers want to purchase Endexx products in Amazon’s store and already search for the product on the site,” said Todd Davis, CEO of Endexx.  Davis added, “Nearly fifty percent of all product searches begin on Amazon, we want to harness that power and offer a successful experience to our customers.” Davis concluded, “This is a natural channel extension for us to continue growing our Skin Care business and meet customers where they are with the products they replenish regularly.” 

As consumers increasingly purchase wellness products through the Amazon store, this process will bring a Skin Care Wellness leader to more customers. The launch will also allow Endexx to improve and enhance its shopping experience in the Amazon store. Endexx is excited to give our customers a convenient way to shop for their Men’s Grooming and Skincare products.

  • This new SkinCare line has been through rigorous compliance processes and is now available and under consideration by multiple Mass Retail stores and buyers.
  • By providing a Hemp-Derived Complexx© free of CBD and THC, more companies can place the product without the regulatory hurdles currently present in the market.

For more information about Endexx Corporation:

Visit: www.endexx.com www.cbdunlimited.com www.blesswell.com www.maggiesline.com

About Endexx Corporation

Endexx Corporation, through its operating division CBD Unlimited, develops and distributes all-natural CBD products derived from cannabis sativa plant (Hemp), containing less than 0.01% THC. Its products range from oils, capsules, topicals, and pet products, all with the shared purpose of therapeutic and pain relief for humans and pets. Phyto-Bites are CBD soft chews for animal use that are formulated to promote health and support the reduction of separation anxiety, pain, and inflammation. The science behind these products involves over half a decade of clinical research in the field and lab work to provide accuracy in dosage and delivery of optimal absorption per serving.

Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995

We caution that any forward-looking statements (as such term is defined in the U.S. Private Securities Litigation Reform Act of 1995) contained in this press release or made by us, our management, or our spokespeople involve risks and uncertainties and are subject to change based on various factors, many of which are beyond our control. Accordingly, our future performance and financial results may differ materially from those expressed or implied in any such forward-looking statements. Forward-looking statements include, without limitation, statements regarding our future operating results, the implementation and impact of our strategic plans, and our ability to meet environmental, social, and governance goals. Words such as “estimate,” “commit,” “target,” “goal,” “project,” “plan,” “believe,” “seek,” “strive,” “expect,” “anticipate,” “intend,” “potential” and any similar expressions may identify forward-looking statements. Risks associated with the following factors, among others, could affect our financial performance and cause actual results to differ materially from those expressed or implied in any forward-looking statements:

Except as may be required by law, we assume no obligation and do not intend to make publicly available any update or other revisions to any of the forward-looking statements contained in this press release to reflect circumstances existing after the date of this press release or to reflect the occurrence of future events, even if experience or future events make it clear that any expected results expressed or implied by those forward-looking statements will not be realized. More information on potential factors that could affect our results is included “Risk Factors” in our Annual Report on Form 10-K filed with the Securities and Exchange Commission on March 31, 2022.

For further information, please contact: 
Endexx Corporation
Endexx@endexx.com
480-595-6900




FAQ

What products has Endexx launched on Amazon?

Endexx has launched a range of Hemp-Derived skincare and grooming products, which are THC and CBD-free.

In which countries are Endexx's products cleared for sale?

Endexx's products are cleared for sale in the USA, Mexico, and Canada, with pending approvals in Japan, the UK, and Australia.

How many SKUs will Endexx offer initially on Amazon?

Endexx will initially offer up to six SKUs on Amazon.

What is the significance of Amazon for Endexx's sales strategy?

Amazon is significant as nearly 50% of all product searches begin there, providing a vital channel for Endexx to grow its skincare business.

What insights did Endexx gain from customer feedback?

Customer feedback indicated a strong desire for Endexx products to be available on Amazon, guiding their e-commerce strategy.

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