Youngevity’s HEMP FX Brand Adds Pet Chews – Yahoo Finance

SAN DIEGO, Aug. 9, 2019 /PRNewswire/ — YGYI, Inc. (YGYI), a multi-channel lifestyle company operating in three distinct business segments including a commercial coffee enterprise and its newly acquired commercial hemp enterprise, announced today that its HEMP FX^TM Brand is adding Pet Chews to its line of hemp infused products. HEMPFX™ Pet Chews is designed for dogs and cats who may benefit from the natural support of phytocannaobinoid rich hemp oil. This tasty treat offers pets wholesome plant-based ingredients and delivers natural health benefits from phytocannaobinoid rich hemp oil. Youngevity’s HEMP FX^TM brand of products was introduced in last August 2018 and yesterday was just featured in a Forbes Article titled “It’s National CBD Day: Have Your Tried These Products?”

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Steve Wallach.

San Diego next month.  We also anticipate our newly acquired hemp enterprise Khrysos Industries to benefit from these new product launches,” said Dave Briskie, President and CFO of Youngevity. “We remain optimistic about revenue that will be driven from The HEMP FX^TM line and we are evaluating a number of product/brand product category extensions utilizing our capabilities in our hemp enterprise vertical.”  

HempFX.com.

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San Diego next month, the  benefit anticipated to be derived by our newly acquired hemp enterprise Khrysos Industries from these new product launches, the revenue expected to be driven from The HEMP FX^TM line and the product/brand product category extensions utilizing our capabilities in our hemp enterprise vertical. These forward-looking statements are based on management’s expectations and assumptions as of the date of this press release and are subject to a number of risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, our ability to expand the Hemp FX^TM line and introduce additional products, our ability to continue our international growth, our ability to leverage our platform and global infrastructure to drive organic growth, our ability  to improve our profitability, expand our liquidity, and strengthen our balance sheet, our ability to continue to maintain compliance with the NASDAQ requirements, the acceptance of the omni-direct approach by our customers, our ability to expand our distribution, our ability to add additional products (whether developed internally or through acquisitions), our ability to continue our financial performance, and the other factors discussed in our Annual Report on Form 10-K for the year ended December 31, 2018 and our subsequent filings with the SEC, including subsequent periodic reports on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and we undertake no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.