Endexx Featured on Small Cap Voice

HYLA Targets 300% Growth Rate Per Year

CAVE CREEK, AZ, Nov. 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Endexx Corporation (OTCQB: EDXC), a provider of innovative plant-based wellness and nutritional products, today announced a shareholder update for progress in 2023 and that Endexx is being featured on SMALL CAP VOICE with Stuart Smith.

See Video at: https://youtu.be/6D2vlhy-jWU

Since acquiring HYLA, Endexx has accelerated its revenue and international distribution quicker than anticipated, exceeding first year expectations.

Highlights include:

• Sales of HYLA products exceeded five million in the first 14 months since product launch.
• Distribution into 11 international countries with opening orders in 2023.
• Secured Government approvals to sell Hyla products in each country.
• Secured Key Distribution Partners in the UAE and Italy targeting regions in the Middle East and Europe.
• Re-Order rates are accelerating as product adoption and demand exceeds expectations.
• Product placement in over 5000 international locations in first 8 countries.
• Uplisted Stock to OTCQB: Venture Market in July 2023
• Consolidated HYLA Financials and completed PCAOB audit of the combined Enterprise in Q4
• Endexx Products in over 11,000 stores internationally and domestically combined.
• Endexx restructured convertible debt to fixed debt to enable the company to benefit from a high rate of growth
• Reduced operating costs driving company to gross profitability.
  

“Endexx has dramatically expanded its revenues on plant-based consumer products and its international footprint over the past year. Pivoting in 2022 to acquire HYLA was a key factor in our success in 2023,” stated Todd Davis, CEO of Endexx. Mr. Davis added, “Going forward, momentum is building for HYLA’s products, with anticipated annual growth for the next 3-5 years of 250-500 percent annually.”

“While the past year has been challenging, we really are seeing incredible traction for Hyla products both domestically and abroad,” says Hyla CEO Nick Mehdi. “We are looking forward to an incredibly strong next year driven by both growing reorders from existing customers and expansion into some very exciting new markets over the coming quarters.”

www.endexx.com & www.cbdunlimited.com    

www.tryhyla.com

About Endexx Corporation

Endexx Corporation develops and distributes all natural, plant-derived wellness products and topical skincare products. Its products vary from balms, creams, lotions, butters, masks, scrubs, and oils, all with the shared purpose of healthy skin and grooming wellness. The science behind these products involves a decade of clinical research in the field and lab work to provide functional formulation with ingredients for optimal absorption and support of skin health. www.endexx.com