SAN DIEGO, Dec. 10, 2019 /PRNewswire/ -- Khrysos Industries, Inc., a wholly owned subsidiary of Youngevity International, Inc. (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and its commercial hemp enterprise announced today that it will be a lead sponsorship at MJ Biz Con this week that is taking place in the Las Vegas Convention Center on December 11, 12, and 13. As a sponsor Khrysos Industries will feature a digital marketing piece that will be played on 12 screens 48 times daily. Click here to view the marketing video. In addition to the marketing video the sponsorship package also includes access to online leads, multiple product images within digital displays, an appointment scheduling tool, multiple video panels, a featured position within the online booth, priority placement within online searches, and a featured position within exhibitor searches. MJ Biz Con anticipates an attendance in excess of 35,000 people representing over 70 countries including 1500 CEO's, 8000 industry high level executives, and an expected attendance of over 1250 investors targeting the cannabis industry.
"We are proud to be sponsoring the MJ Biz Con conference this year," said Dwayne Dundore PhD, President of Khrysos. "We will have our high-speed filtration systems, our KG250 hyper supercritical Co2 extraction system, a dual flask 50L rotary evaporator with HMI, a single stage stainless steel molecular wiped film distillation system and welch pumps and various displays featuring the capabilities of our vertical operation."
"We expect this sponsorship and our attendance at this industry leading event will provide a significant opportunity for prospects to compare our capabilities with others in our peer group. Our display should exemplify our position as a leading manufacturer of extraction and post processing equipment, our expertise in post processing and our significant capacity as a tolling service provider as well as our ability to function as a premier supplier of white label and private label finished goods," said Dave Briskie, President and CFO of YGYI, about its wholly owned subsidiary Khrysos Industries.
About Khrysos Industries, Inc.
Khrysos Industries is a leading manufacturer of commercial hemp-based CBD extraction, post processing equipment, and end-to-end processor of CBD isolate, distillate, water soluble Isolate, and water-soluble distillate. Its subsidiary, INX Laboratories provides a broad range of testing services including potency analysis for its supply partners of hemp derived CBD products. Khrysos provides hemp growers, feedstock suppliers, and CBD crude oil producers the use of equipment, intellectual capital, production consultancy, tolling services, and wholesale CBD channel sales capabilities. Khrysos Industries was acquired by Youngevity International (NASDAQ: YGYI) on February 12th, 2019. Be sure to visit us at khrysosglobal.com, like us on Facebook and follow us on Twitter, or contact us at [email protected].
About Youngevity International, Inc.
YGYI, Inc. (NASDAQ: YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity YGYI offers products from the eight top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo, as well as innovative services. The Company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company (now part of the company's food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit YGYI.com. Be sure to like us on Facebook and follow us on Twitter.
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Safe Harbor Statement
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. In some cases forward-looking statements can be identified by terminology such as "may," "should," "potential," "continue," "expects," "anticipates," "intends," "plans," "believes," "estimates," and similar expressions, and includes statements regarding 5,000 attendees from 70 countries attending the MJ Biz conference, the sponsorship and our attendance at this industry leading event providing a significant opportunity for prospects to compare our capabilities with others in our peer group and our display exemplifying our position as a leading manufacturer of extraction and post processing equipment, our expertise in post processing and our significant capacity as a tolling service provider as well as our ability to function as a premier supplier of white label and private label finished goods. These forward-looking statements are based on management's expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the ability of the MJ Biz conference to attract 5,000 attendees from 70 countries, our ability to use the sponsorship and our attendance at this industry leading event to provide a significant opportunity for prospects to compare our capabilities with others in our peer group and our ability to exemplify our position as a leading manufacturer of extraction and post processing equipment, our expertise in post processing and our significant capacity as a tolling service provider as well as our ability to function as a premier supplier of white label and private label finished goods, our ability to continue our international growth, our ability to continue our hemp segment and coffee segment growth, our ability to leverage our platform and global infrastructure to drive organic growth, our ability to improve our profitability, expand our liquidity, and strengthen our balance sheet, our ability to continue to maintain compliance with the NASDAQ requirements, the acceptance of the omni-direct approach by our customers, our ability to expand our distribution, our ability to add additional products (whether developed internally or through acquisitions), our ability to continue our financial performance and the other factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2018 and our subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.
Youngevity International, Inc.
President and Chief Financial Officer
YGYI Investor Relations
SOURCE Youngevity International, Inc.