Youngevity International, Inc.’s (NASDAQ: YGYI)
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- Youngevity International is an amalgam of products and services under one corporate entity
- The company’s global sales are increasing with recent international expansion
- Its three hemp-derived cannabidiol products are now available for online purchase
A foremost omni-direct lifestyle company, Youngevity International, Inc. (NASDAQ:YGYI) focuses on supporting a healthy and empowered lifestyle. The company operates in two major and scalable business segments – direct selling and the coffee industry (via wholly owned subsidiary CLR Roasters). Headquartered in Chula Vista, California, Youngevity generates revenue from the eight leading retail categories. These categories encompass health and nutrition, home and family, food and beverage, spa and beauty, fashion, essential oils, photo and unique services.
Youngevity International is a global Main Street of products and services under one corporate entity. The company offers a fusion of the direct selling business model. This includes e-commerce and the power of social selling, with person-to-person selling relationships essentially comprising a “network of networks.”
Youngevity is focusing on growth opportunities through international expansion into Latin America and Asia. Its growth initiatives also include its newly launched technology platform and green coffee distribution, as well as expansion of its own brands. Its technology-driven web platform supports the company’s expansion of worldwide e-commerce and social selling platforms.
Revenue drivers for the company include its corporate infrastructure, product approvals and newly acquired customers and distributors (http://nnw.fm/3madL). Youngevity has greater than 2,000 SKUs, including gourmet coffee, health & wellness, pet food, skincare and cosmetics, nutritional supplements and home & garden offerings, among others.
Furthermore, Youngevity International has its new cannabis market initiative. The company is taking advantage of growth opportunities pertaining to cannabidiol oil. It is developing a wide-ranging line of proprietary hemp-derived cannabidiol oil products.
Recently, Youngevity International announced that its hemp-derived cannabidiol HempFX products are available for purchase online at www.HempFX.com. Three proprietary formulas featuring its hemp-derived, phyto cannabinoid-rich, full-spectrum, organically grown cannabidiol oil can be purchased on the site. The three products currently available are Relax, Soothe and Uplift.
Relax combines Youngevity’s hemp-derived cannabidiol oil with melatonin and naturally relaxing herbs chamomile, lavender and valerian. The design of the company’s Soothe is to promote muscle restoration and relief. Soothe includes hemp-derived cannabinoid oil, plant-derived minerals, essential oils, glutathione (a powerful antioxidant) and an array of herbs and minerals. Uplift is designed to naturally enhance mood and cognitive performance. It features the company’s hemp-derived cannabinoid oil combined with other first-class ingredients.
Youngevity International’s chief executive officer, Steve Wallach, said in a recent news release, “HempFX is an ideal representation of our plant-based approach to product development. These select products are being offered in this initial launch, and we expect the HempFX line will continue to grow, with more products becoming available in the near future.”
Youngevity International’s strength is its high-quality products and services across diverse market categories. The company is ahead of the trend with a strong presence in the market segments in which it participates. For its customers, entrepreneurs interested in its business opportunity and its shareholders, Youngevity continues to focus on premier products and services that drive growth.
For more information, visit the company’s website at www.YGYI.com
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