Posts Tagged ‘Youngevity International’

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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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…

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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…

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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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Youngevity First Quarter 2018 Direct Selling Revenue Up 6.2%

Youngevity Reports Q1 Record

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…

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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…

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Youngevity Up 6.9% for Q4 2017; 1.9% for Full Year

Youngevity Reports Q1 Record

Youngevity International Inc., a Chula Vista, California-based omni-direct lifestyle company, reported financial results for the fourth quarter and full year ended December 31, 2017. Revenue for the fourth quarter ended December 31, 2017 increased 6.9 percent to $41,041,000 as compared to $38,403,000 for the fourth quarter ended December 31, 2016. The company derived approximately 87 percent…

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Youngevity International Completes Acquisition of ViaViente

Youngevity International

Youngevity International, a Chula Vista, California-based omni-direct lifestyle company, announced the acquisition of ViaViente, distributors of The ViaViente Miracle, a highly concentrated, energizing whole fruit puree blend rich in antioxidants and naturally occurring vitamins and minerals. “ViaViente is a welcome addition to Youngevity’s family of products and embodies our philosophy that nutrition can change the way…

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Youngevity Completes Acquisition of Nature Direct

Youngevity International, a Chula Vista, California-based omni-direct lifestyle company, has acquired Nature Direct, an Australian manufacturer and distributor of essential oil-based nontoxic cleaning and care products for personal, home and professional use. “Youngevity has been searching for a green alternative line of cleaning products that would be synergistic with our philosophy of offering products that are…

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