Endexx Achieves Distribution Registration for Hemp and CBD Products in Key States With More Strict Requirements

Endexx Expands National Reach for all Products

CAVE CREEK, AZ, Oct. 26, 2022 (GLOBE NEWSWIRE) -- via – Endexx Corporation (OTC:EDXC), a provider of innovative, plant-based, and sustainable health and skincare products, today announces that it has received hemp distribution authorization from four states – Louisiana, Alaska, Texas, and Iowa – which are known to have more detailed and strict requirements.

Todd Davis, CEO of Endexx, stated, “We have long been leaders in the CBD industry since 2014. As we have developed our products for a waiting market, we have also been extremely vigilant in ensuring that we complete each state’s licensing and compliance requirements to distribute our products.  In particular, Louisiana has long been considered one of the most challenging states to receive registration to distribute CBD products and we are grateful for their collaboration as we have worked closely to achieve this milestone, along with registration in Texas, Iowa, and Alaska.  We continue to work diligently to achieve registration in all 50 states, all while carefully watching the changes federally.”

About Endexx Corporation

Endexx Corporation develops and distributes all natural, plant-derived 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.

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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



480-595-6900

Investors:

Scott Arnold

CORE IR

Media:

Jules Abraham

CORE IR



917-885-7378