Youngevity
Market Potential for Ready-to-Drink CBD Beverages
Recent reports by Canaccord Genuity indicate the market for cannabidiol (CBD) beverages could achieve a value of $260 million in the United States by 2022. CBD beverages form part of an even wider market for marijuana-infused drinks that is predicted to reach a value of $600 million in three years’ time. U.S market for CBD and THC beverages could reach $600 million by…
Read MoreYoungevity, Icelandic Glacial Announce Exclusive Cross-Marketing Agreement
Youngevity International, Inc. (NASDAQ: YGYI) announced that it will be adding Icelandic Glacial™ to its lineup of lifestyle brands. The Chula Vista, Calif.-based omni-direct lifestyle company agreed to an exclusive sales and marketing agreement with the brand in which: Youngevity and Icelandic Glacial will be exclusive cross-marketing partners for each other internationally for three years The partnership…
Read MoreYoungevity’s CLR Roasters Joins Amazon Vendor Central
Youngevity International, Inc. (NASDAQ: YGYI) recently announced that its wholly owned subsidiary, CLR Roasters, has accepted an invitation to join Amazon Vendor Central. Per the new agreement, CLR Roasters will offer its Café La Rica espresso and Josie’s Java House coffee brands on Amazon Vendor Central, while Amazon handles the logistics of selling to customers, order fulfillment and customer…
Read MoreA Modern-Day Gold Rush?
Marijuana’s misunderstood sister hemp is projected to be a $22 billion market by 2020, but can it overcome the social stigma and federal regulations that threaten to hold it back? It’s been called the gateway crop. Thanks to its stalks topped with five leaves, hemp shares the same signature look as its intoxicating relative, the marijuana…
Read MoreQ&A with Steve Wallach, Youngevity Chief Executive Officer
This Q&A is from the December 2018 Cover Story Youngevity is one of a few established direct selling companies who has launched a line of CBD products. We caught up with CEO Steve Wallach, who not only shares a few thoughts on their experience so far in the CBD space, but offers some friendly advice…
Read MoreYoungevity Q3 2018 Revenue Down 12%
Youngevity International, Inc. (NASDAQ: YGYI) reported financial results for the third quarter and nine months ended September 30, 2018. Revenues decreased 12.0 percent to $39,082,000 as compared to $44,395,000 for the three months ended September 30, 2017. The company derived approximately 88 percent of its revenue from direct selling sales and approximately 12 percent from commercial coffee…
Read MoreCBD Symposium to Feature Youngevity CEO Steve Wallach
Youngevity CEO Steve Wallach will be a featured speaker at upcoming CBD Symposium, hosted by SUCCESS Partners and Direct Selling News. “Unquestionably, CBD has become the hottest topic in the direct-selling channel, and this event presents a prime opportunity for sharing information about CBD and how best to utilize the direct-selling business model in offering this…
Read MoreDirect Selling Leads Global Market in Sales of CBD Products
Direct selling companies will sell $300 million worth of cannabidiol-related products in 2018, making direct selling the largest channel of distribution for the rapidly growing CBD product sector. “Interest in cannabidiol, or CBD, is rapidly transforming the consumer product landscape,” says Todd Eliason, publisher and editor in chief of Direct Selling News (DSN), which conducted the research.…
Read MoreYoungevity Gains Momentum from Entry into Cannabis Market
Youngevity International is enjoying some major momentum since its entry into the cannabis market, and investors are taking notice. Shares of the Chula Vista, Calif.-based omni-direct lifestyle company were up 35.5 percent last Friday, the day after the online news organization CannabisNewsWire (CNW) featured the company prominently in an article on the rapid adoption of…
Read MoreYoungevity Launches Two New Hemp Products
Youngevity recently announced the launch of two new hemp-derived cannabidiol (CBD) products: HempFX™ Hydration™ – Sleep and HempFX™ Hydration™ – Pure. HempFX™ Hydration™ – Sleep is formulated to provide a restful night’s sleep with the health benefits of CBD. HempFX™ Hydration™ – Pure is formulated to provide daily CBD for people of all ages who want…
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