Youngevity International, Inc.announced that its wholly owned subsidiaries have entered into an agreement to acquire Chaguitillo Farms in Nicaragua. The subsidiaries, CLR Roasters LLC and Khrysos Industries, Inc., entered into an agreement with H&H Coffee Group Export Corp and The Nica Hemp Cooperative, Inc to acquire the 2,200-acre farm located in Sebaco-Matagalpa. Plans provide for […]
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 […]
Khrysos Industries, Inc. a wholly owned subsidiary of Youngevity International (YGYI), recently announced a five-year supply contract with Magu Maiden Farms, LLC. The contract is to provide extraction services and end-to-end processing to produce isolate, water soluble isolate, distillate and water-soluble distillate hemp derived products. “We are excited to add this new long-term contract to our […]
Youngevity International, Inc. announced that it executed a one-year Supply and Processing Agreement to produce 99 percent pure CBD Isolate. The agreement will be fulfilled by Youngevity’s wholly owned subsidiary Khrysos Industries, which Youngevity formed in February after completing the acquisition of Khrysos Global, a manufacturer of hemp-based CBD extraction equipment. Shipping under the contract is expected to […]
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 […]