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NetworkNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roasters Granted Exclusive Rights for Hemp Grow and Hemp Oil Extraction in Nicaragua

Company: Youngevity International Inc. (YGYI)
Category: News

Youngevity International (NASDAQ: YGYI), together with its wholly-owned subsidiary CLR Roasters, today announced expansion of its operating partnership with H&H Coffee Group Export. Under the exclusive arrangement, the parties will cultivate hemp grow and the extraction of hemp derived cannabinoids into hemp-based crude oil in Nicaragua’s Chagüitillo, Sebaco – Matagalpa region for sales and distribution of hemp derived ingredients abroad.  The program will leverage YGYI’s Khrysos Industries’ intellectual property, which manufactures Hyper Super Critical CO2 extraction systems, with CLR Roasters and H&H’s expertise in agriculture and the creation of field to finish products. “We have invested heavily in our Nicaragua based operations over the last several years. We believe we are now beginning to recognize sustainable returns on this investment,” Youngevity president and CFO Dave Briskie said in the news release. “We have immense gratitude for the hard work and dedication provided by Ernesto Aguila, the President of our Coffee operations, and with our loyal partners Alain Piedra Hernandez and Marisol Siles of H&H. We strongly believe that this new venture will further strengthen our partnerships in Nicaragua and anticipate that this project will open up opportunities for other countries in Central America.”

To view the full press release, visit http://nnw.fm/rn1KO

About Youngevity International Inc.

Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com

NOTE TO INVESTORS: The latest news and updates relating to YGYI are available in the company’s newsroom at http://nnw.fm/YGYI

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

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