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Youngevity 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…

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