Tag: YGYI

HempNewsBreaks – Youngevity International, Inc.’s (NASDAQ: YGYI) Khrysos Industries Hosts First HIAF Educational Event of 2020 at its Orlando-Based Headquarters

Youngevity International (NASDAQ: YGYI) together with its subsidiary and hemp enterprise, Khrysos Industries, Inc., today announced that Khrysos, on Thursday, hosted the first educational and networking event of 2020 for the Hemp Industry Association of Florida (“HIAF”) at its Orlando-based headquarters. According to the update, industry leaders from Florida’s hemp sector and other HIAF board members were treated to a “Hemp Extraction Lab Tour & Workshop” at Khrysos Industries, which operates the largest processing facility in Florida. HIAF, state and federal regulatory updates were also provided during the event. “It was a high honor to host the first HIAF educational event of 2020 and to have the chance to share our vision and capabilities with Florida’s leaders in the Hemp Industry,” YGYI President and CFO Dave Briskie said in the news release. “Dwayne Dundore gave a fantastic presentation and a large group of influencers learned all about Khrysos Industries and its significant capabilities.”

To view the full press release, visit http://cnw.fm/T75ng

About Youngevity International, Inc.

YGYI, Inc. (NASDAQ: YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, YGYI offers products from the eight top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo, as well as innovative services. The company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution(R) Coffee company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit www.YGYI.com.

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

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.HempWireNews.com

Please see full terms of use and disclaimers on the HempWireNews website applicable to all content provided by HNW, wherever published or re-published: https://www.HempWireNews.com/Disclaimer

Do you have a questions or are you interested in working with HWN? Ask our Editor

HempWireNews (HWN)
Denver, Colorado
www.HempWireNews.com
303.498.7722 Office
Editor@HempWire.net

HempWireNews is part of the InvestorBrandNetwork.

HempNewsBreaks – Youngevity International, Inc.’s (NASDAQ: YGYI) Khrysos Industries Secures $1.5M Equipment Deal

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments, together with its subsidiary and hemp enterprise, Khrysos Industries, Inc., today announced that its equipment division completed the sale of a $1.5 million extraction and distillation system along with other related equipment to a customer located in the central part of the U.S. According to the update, the fully built system is scheduled to ship before the end of the month. “We are excited to place two of our state-of-the-art CO2 extraction systems, and other hemp processing systems with a new account located in the Midwest,” Khrysos President Dwayne Dundore, PhD, said in the news release. “We are encouraged to see smart customers looking for more efficient and cost-effective systems like we offer at Khrysos.”

To view the full press release, visit http://cnw.fm/kqHv9

About Youngevity International, Inc.

YGYI, Inc. (NASDAQ: YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, YGYI offers products from the eight top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo, as well as innovative services. The company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution(R) Coffee company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. For investor information, please visit www.YGYI.com.

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

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.HempWireNews.com

Please see full terms of use and disclaimers on the HempWireNews website applicable to all content provided by HNW, wherever published or re-published: https://www.HempWireNews.com/Disclaimer

Do you have a questions or are you interested in working with HWN? Ask our Editor

HempWireNews (HWN)
Denver, Colorado
www.HempWireNews.com
303.498.7722 Office
Editor@HempWire.net

HempWireNews is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roasters Forges New Distribution Partnership with Prestigious Distributor Krasdale Foods

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments, today announced that its wholly-owned subsidiary CLR Roasters has forged a new distribution partnership with prestigious distributor Krasdale Foods. In the business for over 100 years, Krasdale Foods distributes over 12,000 grocery item SKUs, services over 2500 retail locations and its geographic footprint includes NYC and metro areas in New York, as well as New Jersey, Connecticut, Pennsylvania, Massachusetts, and Rhode Island. Krasdale Foods plans to begin distribution of Café La Rica next month, with, in the first week of March, an initial stocking order of Café La Rica’s gourmet espresso shipping from CLR Roasters to Krasdale’s Bronx, NY-based distribution facility. “We are proud to see CLR’s Flagship brand, Café La Rica, pick up such a significant and prestigious distribution partner” Youngevity President and CFO Dave Briskie said in the news release. “We expect the continuation of this partnership to help drive the continued growth of our Café La Rica brand throughout 2020.”

To view the full press release, visit http://cnw.fm/c5v1V

About Youngevity International

Youngevity International, Inc. (NASDAQ : YGYI ) is an 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, as well as innovative services. For investor information, please visit www.YGYI.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces Reshaping of its Board of Directors

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, today announced the reshaping of its Board of Directors. According to the update, effective February 11, 2020, in order to maintain compliance with The Nasdaq Capital Market’s corporate governance requirements and, specifically, Listing Rule 5605(b) which provides that a listed company’s board of directors shall be comprised of a majority of independent directors, Michelle Wallach and Richard Renton, two non-independent members of the Board of Directors of YGYI resigned as members of the Board of Directors of the company. Youngevity International CEO Steve Wallach will continue as a board member and will remain the Chairman of the Board and Youngevity President and CFO Dave Briskie will also remain on the Board of Directors. “Compliance with Nasdaq Corporate Governance requirements remains of utmost importance to our company and this will continue as a high priority for the company,” Youngevity CEO Steve Wallach said in the news release.

To view the full press release, visit http://cnw.fm/t3Z9d

About Youngevity International

Youngevity International, Inc. (NASDAQ: YGYI), is an multi-channel lifestyle company operating in 3 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, as well as innovative services. For investor information, please visit www.YGYI.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roaster’s Café La Rica Remains Official Cafecito of Miami Marlins

Youngevity International (NASDAQ: YGYI), a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, today announced that its wholly-owned subsidiary CLR Roasters is continuing its successful partnership with Major League Baseball’s Miami Marlins. According to the update, Café La Rica(R) Gourmet Espresso will continue as the Official Cafecito of the Marlins for all 2020 season home games. Café La Rica will be served on site at Marlins Park in the home opener on March 26 when the Marlins play the Philadelphia Phillies. “This partnership continues a great, long-standing relationship between the Miami Marlins and one of Miami’s most authentic brands,” Marlins Head of Partnership Development and Strategy David Oxfeld said in the news release. “We know our fans love cafecito time and we’re excited that our friends at Café La Rica will join us in our commitment to deliver a first-class fan experience.”

To view the full press release, visit http://cnw.fm/b5sE0

About Youngevity International

Youngevity International, Inc. (NASDAQ: YGYI), is an multi-channel lifestyle company operating in 3 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, as well as innovative services. For investor information, please visit www.YGYI.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) CLR Roaster’s Café La Rica Added to Publix Coffee Planogram

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, today announced that it has been added to the coffee planogram for Publix Miami Division with KeHE, one of the largest and most respected specialty food distributors implementing the Café La Rica distribution. According to the update, Café La Rica will control up to three facings in each location, depending on the size of the stores. “We continue to expand our footprint with our Café La Rica Brand and our sell-through has continued to accelerate at retail,” Dave Briskie, President and CFO of YGYI, the parent company that owns CLR Roasters, said in the news release. “Becoming a Planogram Item within Publix has always been a goal of our company, and we are extremely pleased to be expanding our partnership with Publix and KeHE. Café La Rica and our other company owned brand, Café Cachita, are establishing themselves as leading brands in Cuban Expresso. We anticipate further expansion of our company owned brands as we move through 2020.”

To view the full press release, visit http://cnw.fm/l0NkX

About Youngevity International

Youngevity International, Inc. (NASDAQ: YGYI), is an multi-channel lifestyle company operating in 3 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, as well as innovative services. For investor information, please visit YGYI.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

HempNewsBreaks – Youngevity International Inc.’s (NASDAQ: YGYI) Khrysos Industries, Inc. Secures $1.2M of Tolling Revenue for February

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, together with its wholly owned subsidiary, Khrysos Industries, Inc., today announced that its tolling operation within its 82,000 square foot facility in Orlando, Florida has filled 42% of its available capacity generating $1.2 million of revenue for February tolling production. According to the update, Khrysos Industries tolling operation represents one revenue segment of Youngevity’s hemp enterprise. “Our current capacity for our tolling operations, at current prices, provides us the opportunity to generated monthly revenue of approximately $3 million per month,” YGYI President and CFO Dave Briskie said in the news release. “Currently, we are seeing strong demand for tolling of crude oil and we anticipate that this will continue throughout 2020. We remain committed to our hemp enterprise and its fully vertical capabilities in ingredient production, tolling, extraction and processing equipment sales, and finished goods and packaging.”

To view the full press release, visit http://cnw.fm/dL6hT

About Youngevity International, Inc.

YGYI, Inc. (NASDAQ: YGYI), is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model, that also offers e-commerce and the power of social selling. Assembling a virtual Main Street of products and services under one corporate entity, YGYI offers products from the eight top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, fashion, essential oils, photo, as well as innovative services. The Company was formed in the course of the summer 2011 merger of Youngevity Essential Life Sciences with Javalution(R) Coffee Company (now part of the company’s food and beverage division). The resulting company became Youngevity International, Inc. in July 2013. 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://cnw.fm/YGYI

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

To receive instant SMS alerts, text HEMPWIRE to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.HempWireNews.com

Please see full terms of use and disclaimers on the HempWireNews website applicable to all content provided by HNW, wherever published or re-published: https://www.HempWireNews.com/Disclaimer

Do you have a questions or are you interested in working with HWN? Ask our Editor

HempWireNews (HWN)
Denver, Colorado
www.HempWireNews.com
303.498.7722 Office
Editor@HempWire.net

HempWireNews is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Rings Nasdaq Closing Bell as 2020 Wellness Week Company

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and a commercial hemp enterprise, was recognized as a 2020 “Wellness Week” company by Nasdaq and selected to ring the closing bell on January 7, 2020 at the Nasdaq MarketSite in Times Square. According to the update, Youngevity’s executive leadership team gathered alongside YGYI Ambassadors Marilu Henner and Dr. James Rouse, company distributors and winners of Youngevity’s 2019 Better Health Challenge. In addition, the company orchestrated a series of interviews while in New York including two on Nasdaq’s Behind the Bell Programs. “Our team was honored to participate in a Nasdaq bell ringing ceremony for a second time,” Youngevity CEO Steve Wallach said in the news release. “We appreciate the opportunity to showcase the Youngevity Better Health Challenge during Wellness Week 2020. Additionally, we appreciate the opportunity to connect with and update our investors, partners and customers on our continued efforts to scale our business and bring products of unparalleled quality to the marketplace.”

To view the full press release, visit http://cnw.fm/0RUZf

About Youngevity International, Inc.

Youngevity International, Inc. (NASDAQ: YGYI, YGYIP), 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, as well as innovative services. For investor information, please visit www.YGYI.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

420 with CNW – 3 Marijuana Trends Likely to Manifest in 2020

Marijuana consumers can attest to the fact that the modern marijuana experience is changing at lightning speed since they are experiencing the speedy growth firsthand. This is seen from the increased marijuana products being displayed on the shelves in dispensaries and the spread of marijuana reforms throughout the U.S. states, as well as the establishment of consumption lounges in selected locations. Besides, people should expect more changes in the marijuana sector in the near future.

This year, some of the changes that will take place include the presidential elections and the Food and Drug Administration (FDA) colossal duty of regulating CBD for human use.

We are optimistic about the 2020 trends because marijuana is developing into a designated commodity crop, and the cannabis sector is sort of similar to other traditional industries as legalization and commercialization of the plant continues throughout the nation.

Discussed below are some of the changes to expect in 2020.

  1. More emphasis on quality and accountability

The legal marijuana sector started with low expectations where people were expected to cultivate marijuana flowers or develop infused products that meet the state’s quality standards and then sell it to the consumers. However, this year people should expect to see drastic changes in the quality and accountability of marijuana products — because farmers have realized that growing better pot flowers gives them a competitive edge.

Marijuana edibles and topicals will also experience changes because brands will start investing in better, healthier, sustainable, and more luxurious ingredients, especially after the recent vaping illness outbreak.

  1. Favorable federal amendments

Although marijuana is still federally illegal, many pot fans are not affected by federal marijuana policies in their daily lives because cannabis is available in many U.S. states, making it possible for the majority of Americans to access legal marijuana.

In the U.S., every plant used for commercial purposes, through the dispensaries, cultivation facilities, manufacturers, pays a fee to the state. Acquiring a business location is very costly because of the restrictive zoning requirement and the stigma surrounding marijuana. Also, taxes imposed on pot are off the charts because of the IRS tax code 280E. Due to the difficulties of accessing financial services from the banks, licensed marijuana businesses are faced with the challenge of handling capital.

However, some of these challenges will change this year, and the consumers will experience the change because the U.S. Congress passed legislation that authorizes marijuana businesses to operate as any other business as well as the SAFE Banking Act.

  1. Enhanced marijuana technological discoveries

In the last few years,  there have been remarkable innovations in the canna-tech space, such as the hypur and Eaze delivery app, and we have also seen some failed tech innovation.

However, in 2020, we expect to see more canna-tech innovations because of the increased market confidence, funds availability, and the lessening of the stigma against weed. Besides, consumers are demanding heightened marijuana experiences.

Therefore, people should expect to see game-changing extraction pieces of machinery and consumption devices such as vaporizers. Farmers should also expect to see technological equipment that will make a significant impact on breeding and farming programs, and such technology will be on humidity control and decontamination. These technological improvements will be vital for companies that are considering exporting large shipments of marijuana around the globe.

Analysts posit that marijuana companies like The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) and Youngevity International Inc. (NASDAQ: YGYI) expect the issues above to have a strong bearing on the development of the industry in the coming years.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW420, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW420? Ask our Editor

CannabisNewsWire420
Denver, Colorado
http://www.CNW420.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CNW420 is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Set to Ring Nasdaq Closing Bell on January 7 in Celebration of Fit Week 2020

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company, today announced that the company will ring in the new year at The Nasdaq Stock Market Closing Bell ceremony in Times Square on January 7, 2020. YGYI executive leadership, team members and celebrity brand ambassadors will gather alongside company distributors to ring the closing bell in celebration of Nasdaq’s ninth annual Fit Week. In addition, YGYI is offering the winners of its Better Health Challenge the chance to launch the year with the company and celebrate YGYI’s ringing of the closing bell (https://ygybetterhealth.com). In conjunction with ringing the Nasdaq Stock Market closing bell on January 7, YGYI will be featured on Nasdaq’s social media and a company video will be shown on the seven story Nasdaq digital tower (https://video.youngevity.com). “Although it may sound cliché, the beginning of a new year is an optimal time to begin your pathway to betterment, and we couldn’t be more pleased to be celebrating alongside Nasdaq in recognition of Fit Week,” Youngevity President and CFO Dave Briskie stated in the news release. “Our outlook at Youngevity is truly unique when it comes to taking a holistic approach to betterment rather than focusing on the latest product and exercise trends that many times fail to provide sustainable results.”

To view the full press release, visit http://cnw.fm/Hm6VG

About Youngevity International, Inc.

Youngevity International, Inc. (NASDAQ: YGYI, YGYIP), 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, as well as innovative services. For investor information, please visit www.YGYI.com.

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

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks 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, CNW 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. CNW 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, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CannabisNewsWire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
www.CannabisNewsWire.com
303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.