Youngevity Announces The Release Of Two New Hemp-Derived Cannabidiol Products Which Leverages YGYI's Y-DR8+ Beverage Technology
SAN DIEGO, Oct. 4, 2018 /PRNewswire/ -- Youngevity International, Inc. (YGYI), a leading omni-direct lifestyle company, has announced the expansion of its HEMPFX line with the launch of two new hemp-derived cannabidiol products: HempFX™ Hydration™ – Sleep and HempFX™ Hydration™ – Pure. Both products are expected to be available in November of this year. These tablet-based products will be used with Youngevity's Y-DR8+ proprietary, portable water bottle system designed to help provide great tasting water and reduce chemicals found in tap water. The Y-DR8 filter features (ACC) activated carbon cloth and is portable to fit today's "on-the-go lifestyle." The cannabidiol tablets will be housed above the water line and consumed as the water flows over the tablets.
HempFX™ Hydration™ – Sleep combines melatonin with organic, full spectrum, hemp-derived cannabidiol oil in a proprietary beverage enhancement tablet. Hemp Hydration Sleep is formulated to help sleep patterns to provide a restful night's sleep with the health benefits of CBD.
Also available in tablet form, HempFX™ Hydration™ – Pure is added to water and quickly dissolves as it is consumed. It contains 25 mg of organic, full spectrum, hemp-derived cannabidiol oil per tablet. Hemp Hydration Pure is formulated to provide daily CBD for people of all ages who want organic, full spectrum CBD.
This announcement comes on the heels of YGYI's launch of 3 hemp based products where its pre-production quantities sold out during its August 2018 sales convention.
"This bottle system is intended to provide people with a revolutionary point-of-use water system for great-tasting water and enables consumers to customize tap water based upon their health and wellness needs. It is a beverage technology that we expect will have broad consumer appeal and we are extremely excited to combine this technology with the benefits of hemp-based CBD," stated Rick Anson, Vice President of Innovation and Emerging Markets of Youngevity.
"Plant-based nutrition is fundamental to our product development philosophy," says Youngevity Chief Executive Officer, Steve Wallach. "That's why we're especially excited to enter this rapidly growing market with two new products. This significant resource that dates back over ten thousand years, hemp is an industrial product used in a variety of fields, from skincare to construction. It contains no THC, which means it has no psychoactive effects and doesn't produce the 'high' commonly associated with marijuana plants."
If you'd like to be among the first to get updates on the upcoming product launch, please visit https://www.hempfx.com/.
About Youngevity International, Inc.
Youngevity International, 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.
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 HempFX™ Hydration™ – Sleep and HempFX™ Hydration™ – Pure hemp-derived cannabidiol products being available in November 2018 and YGYI's Y-DR8+ proprietary, portable water bottle system bottle system having broad consumer appeal, . 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, our ability to make the HempFX™ Hydration™ – Sleep and HempFX™ Hydration™ – Pure hemp-derived cannabidiol products available in November 2018, our success in developing broad consumer appeal for YGYI's Y-DR8+ proprietary, portable water bottle system, our ability to continue our international 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, 2017 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.
Contacts:
Investor Relations
YGYI Investor Relations
800.504.8650
[email protected]
Media Relations
Trendlogic PR
800.992.6299
[email protected]
SOURCE Youngevity International, Inc.
Share this article