Posts Tagged ‘Steve Wallach’

Market Potential for Ready-to-Drink CBD Beverages

CBD Oil cannabidiol

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…

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Youngevity, 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…

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A 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…

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Youngevity 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…

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CBD Symposium to Feature Youngevity CEO Steve Wallach

CBD

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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Youngevity CEO Steve Wallach Named to DSA Board of Directors

Steve Wallach

Youngevity, a leading omni-direct lifestyle company, recently announced that Chief Executive Officer Steve Wallach has been appointed to the Direct Selling Association (DSA) Board of Directors. “I’m especially pleased that Steve Wallach has been elected to serve on the Direct Selling Association’s Board of Directors,” said DSA President Joseph Mariano. “We believe direct selling will play…

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Youngevity to Enter the Hemp (CBD) Market

Chula Vista, Calif.-based Youngevity International, a leading omni-direct lifestyle company, recently announced it will enter the CBD market with a proprietary line of hemp-derived CBD oil products. Youngevity has taken a measured approach to entering the CBD market after ensuring that a credible amount of research had been conducted to support concrete health benefits. Hemp (CBD)…

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Youngevity Reports Q2 Revenue Up 6.6%

Chula Vista, Calif.-based Youngevity International, a leading omni-direct lifestyle company, recently reported financial results for the second quarter ended June 30, 2018. Total revenues increased 6.6 percent to $44.3 million. “We are encouraged to see our revenue and adjusted EBITDA bounce back from the levels achieved last year,” said Steve Wallach, CEO and co-founder of Youngevity. “A 6.6 percent revenue…

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Global Good: Why Direct Selling Succeeds Beyond Our Borders

In this issue: List of Top 100 Companies DSN Welcomes Executives and Guests to its Global 100 Evening of Celebration Global Good: Why Direct Selling Succeeds Beyond Our Borders 5 Best Practices for Making It Work in the Global Market Frequently Asked Questions about the Global 100 Ranking Bravo Legacy Award: D. Gary Young: A…

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5 Best Practices for Making It Work in the Global Market

  Find the local direct selling association. “The national DSA will have detailed knowledge of how the market works and can inform companies which legal regulations apply,” says Katarina Molin, executive director at Seldia, the European Direct Selling Association. Hire native speakers. Someone who knows the language from the inside will help you avoid faux…

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