YIELD GROWTH Announces launch of E-commerce Product Sales in the United States
Thu February 7, 2019 3:01 AM
VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- The Yield Growth Corp. (BOSQF) (CSE:BOSS) (OTCQB:BOSQF) (Frankfurt:YG3) is pleased to announced that its e-commerce platform will now sell its Urban Juve cannabis Sativa hemp root oil-based products in the United States thanks to the adoption of the 2017 U.S. Farm Bill.
Urban Juve's line of hemp root oil infused wellness products are now available to US customers at www.urbanjuve.com.
Urban Juve products are now available for sale in the U.S. via the site www.urbanjuve.com. In addition, the company has plans to sell its products through U.S. retailers such as pharmacies, naturopaths, clinics, salons, spas, wellness and beauty stores.
“U.S. distribution is a cornerstone of our sales strategy for all our brands. Already we have a deal in place to sell our THC and CBD infused products through a 400 retail distribution network in Oregon, and now we have launched U.S. e-commerce sales for our Urban Juve products,” says Yield Growth CEO Penny Green. “Our next step is to set up sales agents in California to access the world’s largest cannabis market.”
U.S. consumer spending on legal cannabis is expected to reach $20.9 billion by 2021, as compared to $4.5 billion just in Canada, according to Arcview Market Research and BDS Analytics. Statista estimates $6.3 billion in legal cannabis sales in 2021 for the state of California alone.
About The Yield Growth Corp.
The Yield Growth Corp. is dedicated to the rapid and sustainable growth of cannabis and wellness assets. Its directors, officers and advisors have experience at multi-billion dollar international companies including M.A.C Cosmetics, Aritzia, Pepsi, Coca-Cola, Best Buy and Skechers. Its key assets are 100% owned subsidiaries Urban Juve Provisions Inc., UJ Topicals Inc., UJ Beverages Inc., UJ Edibles Inc. and Thrive Activations Inc. Through its subsidiaries it owns formulas to over 60 wellness products, including wellness formulas and beverages, has registered 29 products with Health Canada, has applied for 11 U.S. provisional patents and has established distribution and sales channels in Canada, the U.S. and Italy. It is currently selling products online in the U.S. and Canada and through retailers in Canada.
For more information about Yield Growth, visit www.yieldgrowth.com or follow @yieldgrowth on Instagram. Visit www.urbanjuve.com and #findyourjuve across social platforms to learn, engage and shop.
Investor Relations Contacts:
Penny Green, President & CEO
Kristina Pillon, Investor Relations
invest@yieldgrowth.com
1-833-514-BOSS 1-833-514-2677
1-833-515-BOSS 1-833-515-2677
https://seekingalpha.com/pr/17404626-yield-gr...ted-states
Thu February 7, 2019 3:01 AM
VANCOUVER, British Columbia, Feb. 07, 2019 (GLOBE NEWSWIRE) -- The Yield Growth Corp. (BOSQF) (CSE:BOSS) (OTCQB:BOSQF) (Frankfurt:YG3) is pleased to announced that its e-commerce platform will now sell its Urban Juve cannabis Sativa hemp root oil-based products in the United States thanks to the adoption of the 2017 U.S. Farm Bill.
Urban Juve's line of hemp root oil infused wellness products are now available to US customers at www.urbanjuve.com.
Urban Juve products are now available for sale in the U.S. via the site www.urbanjuve.com. In addition, the company has plans to sell its products through U.S. retailers such as pharmacies, naturopaths, clinics, salons, spas, wellness and beauty stores.
“U.S. distribution is a cornerstone of our sales strategy for all our brands. Already we have a deal in place to sell our THC and CBD infused products through a 400 retail distribution network in Oregon, and now we have launched U.S. e-commerce sales for our Urban Juve products,” says Yield Growth CEO Penny Green. “Our next step is to set up sales agents in California to access the world’s largest cannabis market.”
U.S. consumer spending on legal cannabis is expected to reach $20.9 billion by 2021, as compared to $4.5 billion just in Canada, according to Arcview Market Research and BDS Analytics. Statista estimates $6.3 billion in legal cannabis sales in 2021 for the state of California alone.
About The Yield Growth Corp.
The Yield Growth Corp. is dedicated to the rapid and sustainable growth of cannabis and wellness assets. Its directors, officers and advisors have experience at multi-billion dollar international companies including M.A.C Cosmetics, Aritzia, Pepsi, Coca-Cola, Best Buy and Skechers. Its key assets are 100% owned subsidiaries Urban Juve Provisions Inc., UJ Topicals Inc., UJ Beverages Inc., UJ Edibles Inc. and Thrive Activations Inc. Through its subsidiaries it owns formulas to over 60 wellness products, including wellness formulas and beverages, has registered 29 products with Health Canada, has applied for 11 U.S. provisional patents and has established distribution and sales channels in Canada, the U.S. and Italy. It is currently selling products online in the U.S. and Canada and through retailers in Canada.
For more information about Yield Growth, visit www.yieldgrowth.com or follow @yieldgrowth on Instagram. Visit www.urbanjuve.com and #findyourjuve across social platforms to learn, engage and shop.
Investor Relations Contacts:
Penny Green, President & CEO
Kristina Pillon, Investor Relations
invest@yieldgrowth.com
1-833-514-BOSS 1-833-514-2677
1-833-515-BOSS 1-833-515-2677
https://seekingalpha.com/pr/17404626-yield-gr...ted-states
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