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ENDEXX Corp (OTCMKTS:EDXC) Buys Holistic Earth Remedies LLC

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ENDEXX Corp (OTCMKTS:EDXC) has bought Holistic Earth Remedies LLC, which is a therapeutic topical delivery systems firm. The company has been associating with Holistic Earth as a manufacturing associate since its release of Maggie’s line of Hemp-infused hemp products, to combat pain and inflammation. Current products, counting Maggie’s Balm© and Maggie’s Mist©, are organic and use premium Cannabidiol extracted from only the purest and finest industrial hemp. They have known remedies, like herbs of peppermint, clove and lavender without the use of parabens or petroleum.

The details

The deal will enable Endexx to integrate a complete production of its Cannabidiol line to expand on its comprehensive full suite of offerings to include topical balms, mists, an expanded line of gels and other topical applications. As per the latest update, the deal is complete.

Endexx can immediately capture a 20% jump in revenues. Holistic Earth boasts a fully diversified product line showcased in stores in the Southwest and bought by several clients every year. Products for Pets, Wellness and Health and Topical Skin applications offer additional applications and distribution points for Cannabidiol infused products countrywide.

Todd Davis, the CEO of Endexx, reported that they are extremely thrilled to be growing their firm and adding a major production element to one of their best-selling product lines. Buying Holistic Earth Remedies is a proof to their ongoing commitment to enhance operating margins as they continue to grow their portfolio of Cannabidiol lines and their revenues. They will now be able to lower the time from the notion of a new product to commercialization, and establish efficiencies in their current manufacturing and production.

Maggie Zombro is the creator and founder of Holistic Earth. After spending several years in the corporate sector, she decided to follow the ways of her grandmother who launched her own Holistic Earth product line in 2005.

Business

Valens Groworks Corp (OTCMKTS:VGWCF) Establishes Offices In Toronto In Expansion Efforts

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Valens Groworks Corp (OTCMKTS:VGWCF) seeks to engage in significant geographic expansion. It has set up offices in downtown Toronto which it terms part of its business evolution. This company prides itself in its state of the art operations and also its highly advanced product portfolio. Operating in the new and high-value markets around the globe, the technical expertise of the company is a progressive factor. It seeks to dominate the market and also fetch high revenues as it progresses with its business operations.

Company objectives

The establishment of the offices in Toronto will see the company easily grasp international business opportunities. Leaders in the company hope they succeed at retaining their topmost talent and also effectively manage their customer relationships.

Proper coordination of the company’s global operations is a significant ingredient of its business growth and expansion. Valens Groworks also seeks to increase access to theinstitutional investment community, which also supports businesses a huge deal.

Robson’s thoughts

The CEO of Valens, Tyler Robson, has spoken about the company developmental plans. The establishment of a top-notch operational platform in Kelowna has been termed a good thing by the official. He thinks of it as an important and rather exciting milestone as they continue advancing their business. He also spoke about the company’s plan to accelerate its business operations into new areas.

Valens Groworks is placing itself on the path towards success by the act of putting up a base in Toronto. The move will see the company gain easier access to the institutional investment community.

One of the most recent developments was the entry of Valens Groworks into the OTC Markets Group. The EVP of Corporate Services at OTC Markets Group Jason Paltrowitz welcomed the company outlining that it had arrived in the best market. The company graduated from the OTCQB Market to OTCQX Market. The top official added that the company would gain in terms of attaining more visibility. It would also build a great deal on its shareholder value in the ever dynamic public market. Paltrowitz congratulated the company wishing it the best in all its business endeavors.

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International Cannabrands Inc (OTCMKTS:GEATF) Announces Its First Distribution From Riotus SODO LLC

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International Cannabrands Inc (OTCMKTS:GEATF) has thanked an entity named Riotus SODO LLC. This is after the company received the first distribution from the leading entity. An official working with International Cannabrands said that currently, they have an investment of about (20.6% in the entity. That translates to about $12,990.

Latest business developments

In the company’s press release dated August 16 and 29, 2018, it was clear that it made an investment totaling to $500,000.Analysts said that this was a show of great confidence of the company in the fast-rising entity.

International Cannabrands wished for the best. It expected that by the start of July it would be receiving its first payment. The company expects to be receiving its monthly cash distributions on time.

In a statement, the company revealed that it would be giving clear reports on the aggregate distributions that it will be obtained from the entity. It will give the reports quarterly.

The company’s CEO Steve Gormley opines, “We are extremely pleased that RIOTUS continues to reach milestones on time and under budget, and that it has met its projected distribution date. We expect that this investment will continue to materially increase the company’s earnings.”

He added that their main point of focus would be to increase their cash flow in most of their business operations. According to him, RIOTUS serves them with an ideal platform that will see their product expand a huge deal.

The letter of intent (“LOI”) with Albert Einstone’s LLC

The other development is the entry of the business giant in a letter of intent (“LOI”) with Albert Einstone’s LLC. This is a cultivation and manufacturing company based in California that prides itself in having high-end indoor warehouses. Most of them are situated in downtown Los Angeles.

Gormley says that they are speaking with the same voice with his team in the company. All of them are pleased to strike the partnership with AE and seek to take advantage of the company’s highly sophisticated operations. They also believe that the pristine facility has more to offer than meets the eye. The official says the extension of the company’s brand distribution footprint will help them generate higher revenues.

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Namaste Technologies Inc (OTCMKTS:NXTTF) And Eroll Grow Tech Ltd Agree On Marketing And Distribution Deal

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Namaste Technologies Inc (OTCMKTS:NXTTF) announced on Thursday that it signed a marketing and distribution deal with Eroll Grow Tech Ltd, a subsidiary Seedo Corp (OTCMKTS:SEDO).

The marketing and distribution deal between the two companies will allow Eroll Grow Tech to market products that exist under the Seedo Home Grow brand through Namaste online marketplace.  The products include Seedo’s fully automated devices that are designed to help customers grow plants with ease in their homes and the two firms will target Namaste’s global clientele. The devices can facilitate the growth of a variety of plants including hemp, flowers, fresh herbs, and vegetables.

“This innovative and ground-breaking product is a great addition to Namaste’s marketplace,” stated Namaste Technologies’ interim CEO, Meni Morim.

 The CEO also added that the goal of the marketing and distribution agreement is to provide a personalized and unique experience for users that want innovative solutions. Morim also revealed that the Seedo home grow devices are ready for the European market and that they will also be launched on Namaste’s outlets in Canada very soon.

Zohar Levy, the CEO of Seedo revealed that his firm was excited about the partnership because Namaste has a lot of experience with distribution in the cannabis industry. Levy also noted that his company is currently targeting new market segments and that it is also on a global expansion mission. The Seedo products will be available on Namastevapes.ca and CannMart.com in Q3 2019, thus expanding their availability in more regions across the globe.

Namaste Technologies announces reshuffle in its board of directors

Namaste also announced a week ago that there were some changes to its board of directors.  The company announced the immediate exit of Kenneth Ngo, its current Chief Financial Officer from the board of directors.

Morim expressed gratitude to Kenneth for the service rendered to the company during his tenure as a board member since December 2018 the Namaste CEO also noted that Kenneth decided to relinquish his position as a Board member. Morim also noted that Andy Wilczynski and Ken Jones have been appointed as new members in Namaste’s board of directors.

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