Endexx Corporation has announced that Ocho Rios Herb House, recently soft-launched by the company’s Go Green Global subsidiary, is anticipating a large increase in visitors due to the planned opening of Jamaica’s borders.
The company said based on visitor data from 2019, Ocho Rios Herb House could generate about $900,000 in revenue each year if the store receives 5% of the foot traffic from the island’s 600,000 visitors and each customer spends $30 on average.
Endexx’s international Go Green Global subsidiary soft launched its Herb House retail store in Ocho Rios, Jamaica in August 2021, which will carry premium marijuana and other related premium products for consumers.
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The store is located in the Taj Mahal shopping center in Ocho Rios, one of the area’s famous tourist destinations.
Endexx noted its Jamaican subsidiary Go Green Global’s tripartite agreements would enable the cultivation, development, and sale of Jamaican cannabis worldwide, which could make the company a “worldwide player” in the cannabis space.
Endexx, through its operating division CBD Unlimited, develops and distributes all-natural CBD products derived from cannabis sativa plants containing less than 0.1% THC. Its products include oils, capsules, topicals, and pet products, all with the shared purpose of therapeutic and pain relief.
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