Vancouver, BC -- July 2, 2019 -- InvestorsHub
NewsWire -- The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE:
YG3) is pleased to announce that its Urban Juve
Anti-Aging Serum can now be sold in the European market. A
Compliance Certificate has been issued by Biorius, who is acting as
Urban Juve's Responsible Person in Europe.
Urban Juve Anti-aging serum
may now be sold in the European market
Pursuant to EU regulations, Yield Growth retained
Biorius to act as its Responsible Person for Urban Juve, Yield
Growth's wholly owned subsidiary that formulates luxury hemp-based
skincare products. In order to sell products in the European Union,
the Responsible Person must first issue a compliance certificate
for each product. After compliance review of each ingredient in the
Anti-Aging Serum, including Urban Juve's proprietary hemp root oil,
Biorius issued a certificate of compliance, confirming that Urban
Juve Anti-Aging Serum can now be sold in the European
Market.
"This certificate of compliance is a crucial last
step towards distribution in European markets," says Penny Green,
CEO of Yield Growth. "We're very much looking forward to
introducing high-quality hemp-powered cosmetics to a new consumer
base in the European Union."
As previously announced, Yield Growth has already
signed a letter of intent with Melorganics Hellas, who will act as
the exclusive retail distributor and non-exclusive e-commerce
distributor for Urban Juve products in Greece and Cyprus. And as
proposed legislation across the European Union continues to bring
cannabis closer to the mainstream, high-end cannabis products are
gaining in popularity. With a total population over 508 million,
the EU represents massive market potential for Urban Juve products.
Urban Juve is seeking to obtain compliance certificates for sale in
the EU of all 11 of its products currently in the market. Sales of
Urban Juve products in Europe are expected to commence in the
fall.
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 products in development. 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, Best Buy,
Aritzia, Coca-Cola and Pepsi Corporation. Yield Growth serves
mainstream luxury consumers who seek sophisticated wellness
products. Its flagship consumer brand, Urban Juve, has proprietary,
patent-pending hemp root oil extraction technology and formulas.
Yield Growth is building sophisticated international distribution
channels 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 Green, 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 UJ
Topicals 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.