Business
What Role Can Endexx Corp (OTCMKTS:EDXC) Keep Playing in the Marijuana Market?
Boston, MA 03/28/2014 (medicalmarijuanareporter) – Companies that are actively involved in the cannabis market have seen an upturn in their fortunes in the last one to two years. As the demand for marijuana keeps rising, there is a huge lobby going on for this plant to be legalized. The medical industry has been the biggest beneficiary of the few instances when marijuana is sold legally. However, other companies, such as Endexx Corp (OTCMKTS:EDXC), are enjoying an active period of growth. EDXC has been careful to deal with individuals and companies that sell both medical and legal marijuana, by developing for them the best software and hardware to make this possible.
Endexx Corp (OTCMKTS:EDXC) has been very innovative in this regard. It recently signed a deal with CEN Biotech, where EDXC will track about three million pounds of medical marijuana on behalf of CEN. This has given analysts the confidence to state that the next three years will be the most important period for the cannabis industry. If all goes well as expected, then EDXC will be a major beneficiary once the law makes provisions encouraging the sale of more legal and medical marijuana. If you ever doubted the resilience of the marijuana industry, then news such as this that come out of the industry should help convince you that you have been wrong all along.
EDXC’s main target clients include growers and distributors of medical and legal marijuana. However, once the market is opened around Canada and all over the world, Endexx Corp (OTCMKTS:EDXC) will see its stock rising more than it has ever done. The company has been at the forefront in developing the most suitable solar systems for growers of legal and medical marijuana. The company says that through its solar systems, it will help growers to cut down what they spend on energy bills by as much as 30 percent. In the U.S., more than 13 states are shortlisted as places where marijuana will soon be legalized, thus creating more room for EDXC to grow.
