Youngevity
YGYI to Launch CBD Coffee in May 2019
Youngevity International (YGYI) announced the planned launch of coffee infused with CBD. YGYI had been working on a CBD coffee with the launch of its HempFX™ line of full-spectrum CBD products with ambition of being able to provide specific dosing via a K-cup or single-serve delivery system. The company’s recent acquisition of Khrysos Industries, and the validation capabilities of its newly…
Read MoreYoungevity Completes Acquisition of Assets of Khrysos Global
Youngevity International, Inc. (YGYI) announced that it completed the closing of the acquisition of all the assets of Khrysos Global. This acquisition of the Tampa, Florida based manufacturer of hemp-based CBD extraction equipment is expected to establish YGYI ‘s newly formed, wholly owned subsidiary, Khrysos Industries, Inc., as a global player in the field-to-finish hemp-CBD oil, isolate and…
Read MoreYoungevity to Acquire Hemp-Based CBD Extraction Equipment Manufacturer
Youngevity International (NASDAQ: YGYI) announced that it has entered into a binding agreement to purchase all the assets of Khrysos Global, a manufacturer of hemp-based CBD extraction equipment. The acquisition is intended to establish YGYI’s newly formed wholly owned subsidiary, Khrysos Industries, Inc, as a global player in the field-to-finish hemp-CBD oil, isolate and distillate market. It also…
Read MoreMarket 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…
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