Posts Tagged ‘Youngevity International’

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…

Read More

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…

Read More

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…

Read More

Direct Selling Leads Global Market in Sales of CBD Products

DSN Logo Advancement

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.…

Read More

Youngevity Gains Momentum from Entry into Cannabis Market

Youngevity Headquarters

Youngevity International is enjoying some major momentum since its entry into the cannabis market, and investors are taking notice. Shares of the Chula Vista, Calif.-based omni-direct lifestyle company were up 35.5 percent last Friday, the day after the online news organization CannabisNewsWire (CNW) featured the company prominently in an article on the rapid adoption of…

Read More

Youngevity Introduces New Products, Brands

Chula Vista, Calif.-based Youngevity International, a leading omni-direct lifestyle company, announced the release of several highly new products during its 2018 Convention held in San Diego, Calif., August 23–25. Product launches included two new Youngevity product lines—Mineral Man and Hemp FX™—as well as additions to Saveur Natural Foods, Youngevity Essential Oils, Nature Direct and BeautiControl. “One thing that…

Read More

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)…

Read More

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…

Read More

Youngevity First Quarter 2018 Direct Selling Revenue Up 6.2%

Chula Vista, California-based Youngevity International, an omni-direct lifestyle company, recently announced financial results for the first quarter ended March 31, 2018. Revenues increased 11.0 percent over the prior year. Direct selling sales were up 6.2 percent and commercial coffee revenues up 39.9 percent over prior year. “We are pleased to see revenue growth for both segments…

Read More

Youngevity Closes on Aggregate of $3.6 Million in Series B Convertible Preferred Offering

Youngevity International Inc., an omni-direct lifestyle company based in Chula Vista, California-based, has completed its previously announced public offering of its Series B Convertible Preferred Stock in which it raised aggregate proceeds of $3,621,143. Youngevity received net proceeds of $3,328,761 in the offering. Each preferred share was priced at $9.50 and is initially convertible at…

Read More