Vancouver, B.C. – May 1, 2019 –The Yield Growth Corp. (CSE:BOSS) (OTC:BOSQF) (Frankfurt: YG3) subsidiary Urban Juve announces new U.S.A. retail contracts with luxury spa and specialty shops to sell its full range of hemp root and essential oil skin care products.
Luxury and wellness retailers will make Florida, North Carolina, South Carolina and Arizona the first States to introduce the Urban Juve brand to consumers. Contracts with retailers in Arizona and Connecticut are also being negotiated.
The first American luxury spa to carry the new and highly acclaimed Urban Juve products will be Agave, The Arizona Spa & Salon, at the globally renowned Westin Kierland Resort & Spa in Scottsdale, Arizona.
“We are excited to announce our new relationships for retail sales in the U.S.A.,” says Penny Green, Yield Growth President & CEO. “Businesses operating in sun-filled places like Arizona and Florida are increasingly interested in our products given the after sun soothing effects of the formulas offered by Urban Juve. The quality of the natural ingredients and our unique formulations stand out amongst our competition. One example of our distinction is Urban Juve’s Daily Ritual Oil which uses such restorative and hydrating ingredients as our proprietary Cannabis Sativa Hemp Root Extract, Persea Gratissima (Avocado) Oil, Prunus Amygdalus Dulcis (Sweet Almond) Oil, Lavandula Angustifolia (Lavender) Oil and Elettaria Cardamomum (Cardamom) Seed Extract. Ethically sourced, never tested on animals and organic, we stand behind our formulations and their creation process. The market is taking notice.”
Florida-based specialty retailer in the curated procurement and sales of CBD products, BeMe Natural is another new customer attracted by the benefits for aging, sun-exposed skin and the high-grade ingredients being used by Urban Juve.
Urban Juve has now signed almost 100 retail locations in North America to carry its Urban Juve line of products and is now negotiating with retail chains in North America and Hong Kong to carry its 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 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.
Investor Relations Contacts:
Penny Green, President & CEO
Kristina Pillon, Investor Relations
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.
Source: The Yield Growth Corp.