Yield Growth Initiates Commercial Launch for Hand
Post# of 254
Tue February 25, 2020
Vancouver, British Columbia--(Newsfile Corp. - February 25, 2020) - The Yield Growth Corp. ("Yield Growth" (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is pleased to announce that it is initiating stability testing and commercialization for a new product, an all-natural hand sanitizer that uses natural ingredients to fight against germs and bacteria.
Yield Growth prepares to launch all-natural hand sanitizer.
The BBC reported on January 31, 2020 that sales of hand sanitizers have spiked in U.K. pharmacies with some brands out of stock. According to Radiant Insights, Inc. the hand sanitizer market is expected to reach $5.5 billion by 2024 owing to rising consumer awareness towards hand hygiene and well-being.
As a protective measure against the coronavirus, the World Health Organization advises to, among other things, "wash your hands frequently with soap and water or use an alcohol-based hand rub if your hands are not visibly dirty."
The Yield Growth sanitizer contains a blend of distilled water, witch hazel, food-grade ethanol alcohol and three essential oils: lavender, blood orange, and peppermint.
"Our established manufacturing and distribution channels will allow us to bring our hand sanitizer to market quickly," says Yield Growth CEO Penny White. "Yield Growth is focused on creating plant-based, natural wellness products which are seeing surging interest worldwide. This product is yet another of our innovations designed to promote health and wellness with a focus on natural ingredients."
Witch hazel contains flavonoids, which contribute to its soothing, anti-inflammatory properties. It also has natural anti-microbial properties. Lavender also contains natural anti-bacterial, anti-fungal, and anti-inflammatory qualities yet is not harsh on the skin. It is mixed with blood orange and peppermint and is designed to energize and refresh the skin.
"Hand sanitizer is your best friend," says Bhavna Solecki, Yield Growth Director of Research and Product Development. "People are looking for the most effective, convenient solution to stay clean and be healthy. Plant-powered products are not just good for human health, they are also good for the health of the earth."
About The Yield Growth Corp.
The Yield Growth Corp. is a consumer packaged goods company selling plant-based products with over 200 proprietary beauty, wellness, edibles and beverage formulas at various stages of commercialization. Its products are sold through e-commerce worldwide and retail stores in 3 countries with distribution agreements in place for 12 more countries. It conducts research for plant-based therapeutics and had 13 patents filed in what the Global Wellness Institute reports is a $4.2 trillion-dollar global wellness market. It owns the hemp skin care brand Urban Juve, which has been featured in UK Vogue and Elle Canada, and it owns cannabis brands Wright & Well and Jack n Jane. It's majority owned subsidiary Flourish Mushroom Labs is launching a line of medicinal mushroom products and developing a business in the emerging market of psychedelic medicine. The Yield Growth management team has deep experience with global brands including Johnson & Johnson (JNJ), Procter & Gamble, Skechers and Aritzia (ATZAF). 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/17788932-yield-gr...-sanitizer