Posts Tagged ‘Youngevity International’

U.S. DSA Announces 2019 Officers, Directors

The U.S. Direct Selling Association (DSA) recently announced elected officers and directors to the association’s Board of Directors.   Officers and directors of the association are recognized leaders who have earned the respect of their colleagues and the public and are committed to lead and direct the affairs of the association. The board officers will each serve one-year…

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Youngevity Subsidiary Enters Into 5-Year Contract to Purchase Hemp Plant Biomass

Khrysos

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…

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Youngevity International Down Slightly in 2018

Youngevity Reports Q1 Record

Youngevity International, Inc. (NASDAQ: YGYI) reported financial results for the fourth quarter and full year ended December 31, 2018. Revenues for the fourth quarter ended December 31, 2018 decreased 12.0 percent to $36,114,000 as compared to $41,041,000 for the fourth quarter ended December 31, 2017. Revenues for the year ended December 31, 2018 decreased 2.0 percent to $162,445,000 as compared to $165,696,000 for the year ended December 31, 2017. “We are…

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YGYI to Launch CBD Coffee in May 2019

CBD Coffee

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…

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Youngevity 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…

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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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Youngevity’s CLR Roasters Joins Amazon Vendor Central

Coffee

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…

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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 Reports Q1 Record

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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Direct Selling Leads Global Market in Sales of CBD Products

Global

Direct selling companies will sell $300 million worth of cannabidiol-related products in 2018, making direct selling the largest channel of distribution for the rapidly growing CBD product sector. “Interest in cannabidiol, or CBD, is rapidly transforming the consumer product landscape,” says Todd Eliason, publisher and editor in chief of Direct Selling News (DSN), which conducted the research.…

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