Yield Growth Corp. (CSE:BOSS) (OTCQB:BOSQF) (Frankfurt:YG3) is pleased to announce that it is launching 6 new products with its proprietary hemp root oil under the Urban Juve brand: Vitalize Face Mist, Balance Face Mist, Align Face Mist, Vitalize Daily Ritual Oil, Balance Daily Ritual Oil and Align Daily Ritual Oil.
The 6 new products complete Phase One of the Urban Juve unisex product line, bringing the total number of separate product SKU’s to 11. Within 2 weeks the 6 new products may be purchased online at www.urbanjuve.com and will be available for sale through retailers. Phase two launch of Urban Juve products is expected to begin in June 2019 and will include 10 more personal care products.
Yield subsidiary, UJ Topicals, anticipates it will begin launching its 9 product cannabis pain management line in Oregon within the next 2 months. Together with Urban Juve products, Yield expects to have 30 different product SKU’s for sale by end of summer 2019.
“I’m so impressed at the speed our talented team has brought these high quality products to market,” says Penny Green, CEO of Yield Growth, “We are positioned to be at the forefront of the hemp and cannabis revolution which is disrupting the $4.2 trillion wellness industry.”
Manufacturing of the 6 new Urban Juve products begins this week at a GMP compliant manufacturer in accordance with the highest industry standards in Canada. The products are made with proprietary formulations containing hemp root oil and are carefully crafted with natural ingredients. They contain no parabens, mineral oil, sulphates, artificial fragrances, dyes, formaldehyde forming agents or phthalates. Urban Juve has filed 11 provisional patents to protect its hemp root extraction method and therapeutic product formulas.
New Urban Juve Products
Vitalize Face Mist is a spray toner for dry skin that provides a burst of hydration while nixing puffiness.
Balance Face Mist is a cooling astringent toner which calms reactive skin while firming and hydrating.
Align Face Mist is a refreshing spray toner for oily skin which soothes and tones the skin and helps prevent breakouts.
Vitalize Daily Ritual Oil is a body oil for dry skin that seals in moisture after bathing, leaving skin velvety soft.
Balance Daily Ritual Oil is a gently fragrant body oil for sensitive skin which smooths and repairs the skin.
Align Daily Ritual Oil is a lighter body oil for oily skin with rich aromas and essential oils for mood boosting.
About The Yield Growth Corp.
The Yield Growth Corp. is dedicated to the rapid and sustainable growth of cannabis wellness assets. Its directors, officers and advisors have C- level experience at multi-billion dollar international companies including M.A.C Cosmetics and Johnson & Johnson and have worked at Aritzia, Procter & Gamble, Skechers, Pepsi and Coca Cola. Yield Growth’s 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 over 60 wellness formulas for topicals and beverages, has registered 29 products with Health Canada, has applied for 11 U.S. provisional patents and is currently selling products online in the U.S. and Canada and through retailers in Canada. Its subsidiary UJ Topicals is launching THC and CBD products through a distribution network of 400 cannabis retail stores in Oregon, USA.
Investor Relations Contacts:
Penny Green, President & CEO
Kristina Pillon, Investor Relations
The Canadian Securities Exchange has not reviewed, approved or disapproved the content of this news release.
Cautionary Statement Regarding Forward-Looking Statements
This press release includes forward-looking information and statements (collectively, “forward looking statements”) under applicable Canadian securities legislation. Forward-looking statements are necessarily based upon a number of estimates, forecasts, beliefs and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such risks, uncertainties and factors include, but are not limited to: risks related to the development, testing, licensing, intellectual property protection, and sale of, and demand for, Urban Juve, UJ Topicals, UJ Beverages and UJ Edibles products, general business, economic, competitive, political and social uncertainties, delay or failure to receive board or regulatory approvals where applicable, and the state of the capital markets. Yield Growth cautions readers not to place undue reliance on forward-looking statements provided by Yield Growth, as such forward-looking statements are not a guarantee of future results or performance and actual results may differ materially. The forward-looking statements contained in this press release are made as of the date of this press release, and Yield Growth expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/7e0d0fb0-6a06-427d-9e3a-2c4109772029
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