ECGI's 8-Bit Cannabis Expands Distribution To 65 Stores
Portfolio Pulse from Vuk Zdinjak
ECGI Holdings Inc. (OTCPK:ECGI) has expanded the distribution of its soon-to-be-acquired cannabis brand, 8-Bit Buds, from 20 to 65 stores since March, a 225% increase. The company is also preparing to launch a new pre-roll cannabis product line to leverage growth momentum. ECGI is in the process of acquiring Endless Consciousness, Inc., whose primary asset is the 8-bit branded cannabis products line.
July 19, 2023 | 2:18 pm
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POSITIVE IMPACT
ECGI's expansion of 8-Bit Buds distribution and upcoming product line launch indicate strong growth potential. The acquisition of Endless Consciousness, Inc. could further enhance its market position.
The significant expansion of 8-Bit Buds distribution, the upcoming product line launch, and the acquisition of a company with a popular cannabis product line all point to strong growth potential for ECGI. This could positively impact the company's stock in the short term.
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