YIELD GROWTH Announces OLCC Approval of 3 Addition
Post# of 254
Fri June 21, 2019
Vancouver, British Columbia--(Newsfile Corp. - June 21, 2019) - The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is pleased to announce that the Oregon Liquor Control Commission (OLCC) yesterday gave final packaging approval for 3 additional Wright & Well cannabis products to be distributed in Oregon, in the United States. Manufacturing will now begin on all 9 Wright & Well cannabis products in Oregon.
According to Statista, legal sales of Cannabis in Oregon are projected to be close to USD$1 billion in 2021.
The latest 3 approved Wright & Well products are:
Be Nimble Marijuana Capsules with Blue City Diesel Cannabis Flower and a blend of Ayurvedic herbs;
Be Able Marijuana Capsules with Purple Hindu Cush Cannabis Flower and Aloe Vera, Dill and other herbs; and
Be Friendly Marijuana Capsules with Cherry Chem Cannabis flower and a blend of Ayurvedic herbs intended to treat symptoms of PMS.
"Wright & Well's goal is to demystify the world of cannabis to allow people to make it part of a healthy lifestyle," says Penny a Green, Yield Growth CEO. "We want to compel users to experience the same sense of freedom from feeling great as they do from making the decision to purchase Wright & Well."
The Wright & Well product launch in Oregon will be supported by in store merchandising and educational materials, as well as a full marketing campaign including digital media, print and billboards.
About The Yield Growth Corp.
The Yield Growth Corp. harnesses the power of hemp- and cannabis-infused products in the global wellness market, which is worth $4.2 trillion, according to the Global Wellness Institute. The Yield Growth management team has deep experience with global brands including Johnson & Johnson (JNJ), Procter & Gamble, M·A·C Cosmetics, Skechers, Best Buy, Aritzia (ATZAF), Coca-Cola and Pepsi Corporation. Its consumer brand, Urban Juve, has signed over 110 retail locations to sell its products in North America and is now launching e-commerce sales in China through Wechat. Urban Juve has signed a sales and marketing alliance with the beauty subscription service, ipsy, and Urban Juve products will be included in ipsy Glam Bags. Yield's THC line of Wright & Well products are launching next month in Oregon through an established distributor with a 400 cannabis retail store network.
Through its subsidiaries, Yield Growth has developed over 200 cannabis beauty, wellness, and beverage formulas for commercialization. A key ingredient in many of these products is Urban Juve's hemp root oil, created using Urban Juve's proprietary, patent-pending extraction technology. Yield Growth is in revenue through multiple streams including licensing, services and product sales.
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/17551749-yield-gr...ion-oregon