Vancouver, BC-- September
30, 2019 -- InvestorsHub NewsWire -- The Yield Growth
Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is
pleased to announce 5 more Urban Juve products have each received a
Compliance Certificate completing registration of the products in
the European Union, bringing the total number of European
registered products to 8. The newly approved products include
Terpene-Rich Face Moisturizer with Hemp Oil & Pomegranate Oil
for Dry Skin, Terpene-Rich Face Moisturizer with Hemp Oil &
Helichrysum Flower Water for Oily Skin, Hydrating Body Oil,
Nurturing Body Oil and Energizing Body Oil.
Eight Urban Juve
products now registered in the European
Union.
Urban Juve is expecting
European approval within the month for three additional products
currently for sale in North America, and it has begun the
registration process for 4 more products - an all natural deodorant
and Lip Gloss Therapy with Hemp Oil in 3 colours.
Urban Juve is a
hemp-powered skin care line the brings together Ayurvedic teachings
and modern science. It is focused on delivering true rejuvenation
from the inside out. Its natural, effective products are infused
with high quality botanicals, including hemp root oil which is
crafted through its proprietary extraction process. Urban Juve
products are targeted to the wellness-conscious consumer, with a
primary target market of Millenials (ages 22 - 37) and a strong
secondary market of Gen X (ages 38 - 53).
Urban Juve products will be
featured in the Vogue Beauty Highlight sections of this year's
September, October and November issues of UK Vogue, each with an
expected audience of 4.1 million readers. Also, Urban Juve will be
featured in UK Vanity Fair's first ever beauty showcase in the
November 2019 issue. With increasing brand exposure in the UK,
Urban Juve is now looking to secure a distribution alliance in the
United Kingdom.
Urban Juve is building a
robust international distribution platform with distribution
partners who have access to 44,000 retail points of sale. Recently,
Urban Juve announced distribution deals in Canada, Colombia,
Brazil, Greece and Cyprus.
As proposed legislation
across the European Union continues to bring cannabis closer to the
mainstream, high-end cannabis products are gaining popularity. With
a total population over 508 million, the EU represents massive
market potential for Urban Juve products.
Jefferies estimates that
the CBD beauty industry will reach US $25 billion within 10 years
and that it could account for 10 - 15% of global skin care sales.
Jefferies says, "The Global Beauty & Personal Care market
neared $465 billion in 2017 and is ripe for disruption from
Cannabis-based products."
About The Yield
Growth Corp.
The Yield Growth Corp.
develops, manufactures and distributes cannabis and hemp infused
luxury product brands Urban Juve and Wright & Well and has a
catalogue of over 200 wellness and beauty formulas. It intends to
disrupt the international wellness market, which is a $4.2 Trillion
Global Economy, according to the Global Wellness Institute, by
connecting ancient healing with modern science and technology. Its
management team has deep experience with global brands including
Johnson & Johnson, Procter & Gamble, M·A·C Cosmetics,
Skechers, and Aritzia. Yield Growth serves mainstream luxury
consumers who seek sophisticated wellness products. It has 12
patent applications filed for its proprietary extraction technology
and formulas. Yield Growth is building sophisticated international
distribution channels in North America, South America and Europe
and has multiple revenue 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
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 and
Wright & Well 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.
Source: The Yield Growth
Corp.