Endexx Corporation announced on August 9 that its brand HYLA has secured a $2 million purchase order in the Middle East market.
The purchase order stems from an eight-nation territorial agreement signed with Sahara Trading UAE in the Middle East in June 2023. Unit production for the first order is scheduled to begin this weekend, with the first shipments expected in September 2023.
Nick Mehdi, CEO of HYLA, said: “As we continue to expand our global distribution network, HYLA is pleased to see Sahara Trading UAE execute the previously announced distribution agreement.” He also noted, “We expect to secure additional orders in the coming quarters through additional purchase agreements with Sahara Trading.”
“Our international distribution partners continue to show strong demand for Endexx’s zero-nicotine, plant-based HYLA e-cigarette products,” said Davis, CEO of Endexx. He added: “HYLA’s sales have grown steadily since its acquisition in August 2022, and we are now starting to see the product move rapidly into new global markets.”
As previously reported, Endexx Corporation, a provider of innovative plant-based sexual health and nutrition products, signed a distribution agreement with HYLA for eight countries in the Middle East on June 15. Sahara Trading, which organizes and leads distribution in the region, plans to sell at least 100,000 e-cigarettes per month.
【1】HYLA Announces Distribution Contract With Sahara Trading UAE
【2】Endexx Secures $2.0M Purchase Order for Non-Nicotine Vape Product HYLA From Sahara Trading UAE