- Enters the $7.7B cannabis market with new product line HempFX™
- Introduced three new proprietary blends of hemp-derived cannabinoid products
- Official launch will take place in October 2018
Over 20 years ago, Youngevity International, Inc. (NASDAQ: YGYI) was founded around one central question: How can we live younger, longer? Since then, YGYI has prided itself on developing the highest quality and most well-researched nutritional products. Now a leading omni-direct lifestyle company, YGYI is putting people on a holistic path to better health.
Already offering products in the eight top selling retail categories (health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo and a range of innovative services), YGYI recently announced its entry into the $7.7 billion cannabis market with new product line HempFX™ (http://nnw.fm/nOO3h).
Direct Selling News recently reported, “According to recent data published by Forbes, citing Brightfield Group, the global cannabis market is projected to reach $31.4 billion by 2021. By end of 2017, the global market value was estimated at $7.7 billion.” In a rapidly growing cannabis market in which industry analysts continue to forecast sustained growth, the Hemp FX™ products hold promise.
Hemp FX™ has three new proprietary blends of organically grown hemp-derived cannabinoid products. Each product utilizes YGYI’s exclusive hemp-derived cannabinoid oil and combines it with natural herbs and minerals to achieve the desired results.
Soothe™ combines YGYI’s cannabidiol oil with herbs, minerals and a powerful antioxidant to support a healthy immune system and soothe sore, tired and achy muscles and joints.
Relax™ combines the cannabidiol oil with chamomile, lavender, valerian and melatonin for sleep-supporting benefits.
Uplift™ combines the cannabidiol oil with St. John’s Wort and a specialized set of natural terpenes (cannabinoid enhancers).
Soothe™, Relax™ and Uplift™ were introduced at the 2018 Youngevity Convention in San Diego, California. A limited quantity that was available for pre-sale purchases to attendees quickly sold out. This new product line has the potential to transform both the nutritional industry and Youngevity’s consumer base.
In a news release, Steve Wallach, Youngevity’s CEO, stated, “Hemp-derived cannabidiol aligns with what we do very well. We’ve taken what we know about essential nutrients along with decades of knowledge specializing in natural, plant-based nutrition and their most beneficial nutrients and put that knowledge to work to develop high-end cannabidiol products.”
The official launch of Hemp FX™ is set to take place in October 2018.
For more information, visit the company’s website at www.YGYI.com
More from NetworkNewsWire
About NetworkNewsWire
NetworkNewsWire (NNW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with NNW Prime. As a multifaceted organization 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. 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.
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
