Listen Live: The Yield Growth Corp. to Release "20
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Thu December 19, 2019
Vancouver, British Columbia--(Newsfile Corp. - December 19, 2019) - The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) will host an investor conference call and webcast, on January 7th, 2020 at 1pm Eastern Standard Time, featuring a live presentation by Yield Growth CEO and Co-Founder, Penny White.
Yield Growth invites shareholders and potential investors to attend the webcast event where the company will provide an overview of what's ahead for 2020, including exciting opportunities in functional mushrooms and psychedelic research with the upcoming launch of Yield Growth subsidiary, Flourish Mushroom Labs Inc.
Webcast Event Details:
Date: Tuesday, January 7, 2020
Time: 10AM PST / 1PM EST
Register for free here: https://www.moneyworksmagazine.com/yield-grow...cast-rsvp/
An April 2019 report by Mordor Intelligence states that the global functional food market is forecasted to reach US $34.3 billion by 2024, growing at a CAGR of 8.04% between 2019 and 2024.
Although magic mushrooms remain illegal in most jurisdictions, a softening on regulatory stances may be in the works to allow potentially therapeutic compounds to help millions of people in dire need of alternatives to today's prescription drugs. Through its Flourish subsidiary, Yield Growth is quickly moving to the forefront of a trend that could disrupt the $4.2 trillion wellness market.
According to the Psychedelic Science Review, the global market for conventional antidepressants alone was valued at $13.7 billion in 2016, and is projected to grow to $15.9 billion by 2023. A study conducted by the Beckley/Imperial Research Programme has provided clinical evidence for the efficacy of psilocybin-assisted psychotherapy to treat depression, even in cases where all other treatments have failed.
Flourish Mushroom Labs has filed a patent to protect the invention that compounds in magic mushrooms can result in weight loss by reducing food cravings, counteracting compulsive overeating, and aiding in improving quality of diet by altering food choices. The pending patent covers the use of microdose administration of psilocin/psilocybin to have the additional weight loss effect of increasing metabolism, which, combined with a decrease in food cravings or compulsive overeating, or altering food choices to less calorie dense foods, could result in substantial and beneficial weight loss and treatment of illnesses associated with obesity.
Obesity has reached epidemic proportions. The Center for Disease Control and Prevention says that nearly 72% of Americans aged over 20 are either overweight or obese (>35%). Marketdata Enterprises estimates the U.S. weight-loss market to have grown from about $60 billion in 2017 to $72 billion in 2019.
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About Flourish Mushroom Labs Inc.
Created and incubated by the team at The Yield Growth Corp., Flourish Mushroom Labs aims to be a leader in the fast growing functional foods market-and improve life by offering high-quality mushroom-infused products. Flourish Mushroom Labs is also conducting research into potentially therapeutic benefits of compounds found in psychedelic mushrooms. Flourish Mushroom Labs is a majority owned subsidiary of The Yield Growth Corp.
About The Yield Growth Corp.
The Yield Growth Corp. is developing cannabis and edible mushroom products and conducting research into uses, methods and products that improve life in what the Global Wellness Institute reports is a $4.2 trillion-dollar global wellness market. It owns the cannabis wellness brands Urban Juve, Wright & Well and Jack n Jane. The Yield Growth management team has deep experience with global brands including Johnson & Johnson (JNJ), Procter & Gamble, M·A·C Cosmetics, Skechers and Aritzia (ATZAF). Its all natural hemp skincare brand, Urban Juve, has signed agreements for distribution in Canada, Colombia, Brazil, Costa Rica, Panama, Argentina, El Salvador, Ecuador, Peru, Greece, Cyprus, Bulgaria, Romania and Serbia. Yield Growth's Wright & Well brands are launching a THC/CBD line of topical and edible products in Oregon this month and a CBD from hemp topicals line in California in 2020. Through its subsidiaries, Yield Growth has over 200 proprietary beauty, wellness, edibles and beverage formulas for commercialization. It has filed 13 patents to protect its extraction method and other intellectual property. Yield Growth earns 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 White, 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/17732577-listen-l...hroom-boom