ENDEXX Corp. (OTC: EDXC) Stock Continues to Trend Higher

As the midweek trading comes along, investors are going to be focused on the stocks of those companies that had been in the news on Tuesday. One such company was Endexx Corp. (OTC: EDXC), and it may be a good time to look into the announcement it made yesterday.

New Launch

The company, which is the parent company of the outfit HYLA, announced that the e-commerce platform of HYLA had been launched. The launch of the platform was a major new development not only for the company but also for the market involved with nicotine-free products.

Thanks to the launch, consumers from across the 50 states would be in a position to purchase the innovative botanical, plant-based vaping products online. The launch would provide easy access to these products at great convenience.

Greater Margins

The e-commerce platform would bring in higher margins and scalability, which would be at a higher level than regular wholesale. As a consequence, the new platform would help in boosting HYLA’s bottom line significantly from 2025 onward. Additionally, the move to go direct-to-consumer could also potentially open up the possibility of fast growth, create a massive customer base, and eventually add far more value to the shareholders in the long term.

Key Quote

“Our wholesale operations have already grown into seven-figure revenue territory, and we anticipate similar rapid growth from e-commerce sales, which deliver significantly higher margins,” said Brad Listermann, CEO of Endexx Corporation. “The activation of our e-commerce platform marks a pivotal moment, with our products now available in all 50 states. This platform is not just a sales channel—it’s a cornerstone of our long-term growth strategy.”

Technicals

+/- EMA(20)	0.0109 (-1.83%)
+/- SMA(50)	0.0111 (-3.60%)
+/- SMA(200)	0.0169 (-36.69%)
5-Day Perf.	-8.55%
1-Month Perf.	+8.08%
3-Month Perf.	-35.15%
6-Month Perf.	-51.58%
YTD Perf.	-38.86%
1-Year Perf.	-45.96%
RSI(14)	48.06
ATR(14)	–
ADX(14)	20.03
Beta (5Y)	0.72