Medical Marijuana

Medical Marijuana, Inc. announced financial results of $17.7 million in revenue for the quarter ended September 30, 2019, a decrease of 3 percent from Q3 2018. “Medical Marijuana, Inc. and its subsidiaries are excited to continue operating as one of the hemp-based CBD industry pioneers,” said CEO Dr. Stuart Titus. “We are very confident in the continued growth…

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Reliv

Reliv International, Inc. (NASDAQ:RELV) recently reported net sales of $9.1 million for the third quarter of 2019. The net sales compared with net sales of $8.3 million in the third quarter of 2018. Net sales in the U.S. increased by $344,000, which represented a 5.3 percent increase in net sales when compared to the prior-year…

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Youngevity Q3 2019

Youngevity International, Inc. reported revenue of $34 million for the three months ended September 30, 2019, down 13 percent from Q3 2018. Direct selling revenue down nearly 12% for the quarter “Although we have recently made great strides in producing revenue growth this year, the third quarter posed a number of challenges as we faced seasonally slower sales for…

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David Brown

AdvoCare International announced its partnership with world champion runner, David Brown. Brown employs a strenuous training schedule and relies on a variety of AdvoCare products in his daily nutrition routine. “David is a very successful, record-breaking runner and AdvoCare is delighted to have him as a partner,” stated Joshua Watts, AdvoCare director of Sponsorships. “We…

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Natura

Natura &Co posted another strong performance in the third quarter of 2019, with revenue growth in all three of its brands: Natura, The Body Shop and Aesop. Natura &Co’s consolidated net revenue reached R$3.5 billion, up 7.2 percent on a reported basis and up 10.1 percent at constant currency. The Natura brand’s adjusted net revenue in Brazil was…

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Luis Vázquez

Avon Products, Inc. announced that its shareholders approved the proposed acquisition of Avon by Natura &Co Holding S.A., a new holding company for Natura Cosméticos S.A. More than 75 percent of Avon’s shares outstanding, on an as-converted basis, were voted in favor of the proposal to adopt the merger agreement. “We are pleased that our shareholders have strongly supported Avon’s combination…

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Mannatech Q3 2019

Mannatech, Incorporated (NASDAQ: MTEX) announced net sales of $39.7 million for the third quarter of 2019. The net sales reflected a decrease of $3.4 million, or 7.8 percent, as compared to $43.0 million in the third quarter of 2018. For the three months ended September 30, 2019, net sales declined 4.9 percent on a constant dollar basis…

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Nature’s Sunshine Q3

Nature’s Sunshine Products, Inc. (NASDAQ: NATR) reported relatively consistent sales for the third quarter ended September 30, 2019 compared with the third quarter of 2018. Net sales of $88.5 million decreased 0.3 percent compared to $88.8 million in the third quarter of 2018. Regionally, net sales were (in thousands): Asia – $33,717, down 1.0% from…

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Medifast Q3 2019

Medifast, Inc. (NYSE: MED) reported record revenue of $190.1 million for the third quarter ended September 30, 2019. Revenue was up 36.5 percent from $139.2 million for the third quarter of 2018. The total number of active earning OPTAVIA Coaches increased to 32,200, compared to 22,600 for the third quarter of 2018, a 42.5 percent increase. “Our focus on long-term, sustainable…

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Brazil's Anti-Trust Authority

CADE, Brazil’s anti-trust authority, has approved without restrictions the acquisition by Natura &Co of Avon Products, Inc. Approval by Brazil’s competition authorities is one of the key steps towards the completion of the transaction, which remains subject to the fulfillment of other conditions precedent, including antitrust approval in other applicable jurisdictions. Announced on May 22, 2019, the transaction will create…

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