Urban Juve's Balance
Terpene Rich Face Moisturizer is made of all natural ingredients
and is rich with terpenes from hemp seed oil and other essential
oils. It will be featured in Vogue Beauty Highlights in the
November issue of UK Vogue, introducing the product to a new
audience of 4.1 million readers. Also, the moisturizer has been
selected by Yield Growth's South American distributor to launch in
Colombia, and will soon be submitted for registration in certain
South American countries. Urban Juve is building a robust
international distribution platform with distribution partners who
have access to 44,000 retail points of sale.
"With our new distribution
alliances in place, Urban Juve products may soon become part of the
daily skin care rituals for consumers in Europe and South America,"
says Penny White, CEO of Yield Growth. "Conquering regulatory
hurdles and securing our trademark internationally sets a solid
foundation for growth."
Urban Juve's Face
Moisturizer joins the company's Anti Aging Serum and Lip Balm as
the third product to be officially registered with the European
Union. Urban Juve has eight more products waiting for approval and
expects to have these registered in the Europeean Union within the
next month.
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.
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."
Yield Growth congratulates
it’s CEO on her marriage on August 30, 2019 and announces that her
new married name is Penny White.
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 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.