Wellbeing Farms Expands Delta 88 Kiosk to Pennsylvania and Receives First Purchase Order for Chicago Market.
CALIFORNIA, Newport Beach, April 26, 2023, Galexxy Holdings Inc., (“Galexxy”) (OTC: GXXY), a health and wellness company on a mission to bring unique and effective health and wellness products to market, and its subsidiary, Wellbeing Farms LLC, (“WBF”) are pleased to update shareholders on major company milestones over the last several months.
WBF expands Delta 88 Kiosk Distribution to Pennsylvania:
WBF is expanding the distribution of its Smart Vending Kiosks through its Commercial Supply and Leasing agreement with Delta 88 LLC (D88) into Pennsylvania. D88 launched its marketing campaign in Austin Texas in Q1-23 and has signed additional leases to expand its reach into 6 key locations to market its products in Pennsylvania.
WBF customized Smart Kiosks are very distinctive, featuring digital product displays to maximize product appeal are equipped with WBF’s App based ID-Age verification capability to comply with state regulations.
D88’s business plan calls for placement of hundreds of attractively branded Smart Vending Kiosks supplied by WBF under lease agreements. D88’s products are also supplied by WBF under an exclusive white label agreement.
Based on their initial estimates, D88 is planning to install over six hundred Smart Kiosks in the next 2 years which could potentially generate a minimum of $5,000,000 per year in wholesale product purchases from WBF.
WBF Chicago Update:
WBF also received its initial product order from its Chicago distributor, who signed a Definitive Distribution agreement in December 2022 for product supply and the lease of 40 Smart Vending Kiosks, which are currently being placed in selected consumer traffic locations.
Galexxy Audit Update and Plan for OTC QX Up-listing:
Galexxy’s CEO, Michael Biagi stated that “WBF has commenced its end of year Audit and in addition to its intention to up-list onto OTC QX, the Company has several very promising new programs in its business development pipeline and I look forward to keeping shareholders updated as these programs come to fruition.”
About Galexxy Holdings:
Headquartered in Newport Beach, California, Galexxy’s shares are quoted on the OTC Markets (OTC: GXXY). Galexxy entered the rapidly developing markets for premium natural plant-based consumer health supplement products in April 2021 and completed its acquisition of Wellbeing Farms LLC., on August 4, 2022, and purchased 69% of ABC Wholesale Products LLC., on August 12, 2022.
Galexxy Holdings Inc.
M: (949) 335 8269
This press release contains “forward-looking information” and “forward-looking statements” (collectively, “statements”). All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this press release.