Yield Growth Initiates Commercial Launch for Hand Sanitizer
25 Febrero 2020 - 7:22AM
InvestorsHub NewsWire
Vancouver, British Columbia -- February 25, 2020 -- InvestorsHub
NewsWire -- The Yield Growth Corp. ("Yield Growth")
(CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is pleased to announce
that it is initiating stability testing and commercialization for a
new product, an all-natural hand sanitizer that uses natural
ingredients to fight against germs and bacteria.
Yield Growth prepares to launch all-natural hand sanitizer.
The BBC reported on January 31, 2020 that sales of hand sanitizers
have spiked in U.K. pharmacies with some brands out of stock.
According to Radiant Insights, Inc. the hand sanitizer market is
expected to reach $5.5 billion by 2024 owing to rising consumer
awareness towards hand hygiene and well-being.
As a protective measure against the coronavirus, the World Health
Organization advises to, among other things, "wash your hands
frequently with soap and water or use an alcohol-based hand rub if
your hands are not visibly dirty."
The Yield Growth sanitizer contains a blend of distilled water,
witch hazel, food-grade ethanol alcohol and three essential oils:
lavender, blood orange, and peppermint.
"Our established manufacturing and distribution channels will allow
us to bring our hand sanitizer to market quickly," says Yield
Growth CEO Penny White. "Yield Growth is focused on creating
plant-based, natural wellness products which are seeing surging
interest worldwide. This product is yet another of our innovations
designed to promote health and wellness with a focus on natural
ingredients."
Witch hazel contains flavonoids, which contribute to its soothing,
anti-inflammatory properties. It also has natural anti-microbial
properties. Lavender also contains natural anti-bacterial,
anti-fungal, and anti-inflammatory qualities yet is not harsh on
the skin. It is mixed with blood orange and peppermint and is
designed to energize and refresh the skin.
"Hand sanitizer is your best friend," says Bhavna Solecki, Yield
Growth Director of Research and Product Development. "People are
looking for the most effective, convenient solution to stay clean
and be healthy. Plant-powered products are not just good for human
health, they are also good for the health of the earth."
About The Yield Growth Corp.
The Yield Growth Corp. is a consumer packaged goods company selling
plant-based products with over 200 proprietary beauty, wellness,
edibles and beverage formulas at various stages of
commercialization. Its products are sold through e-commerce
worldwide and retail stores in 3 countries with distribution
agreements in place for 12 more countries. It conducts research for
plant-based therapeutics and had 13 patents filed in what the
Global Wellness Institute reports is a $4.2 trillion-dollar global
wellness market. It owns the hemp skin care brand Urban Juve, which
has been featured in UK Vogue and Elle Canada, and it owns cannabis
brands Wright & Well and Jack n Jane. It's majority owned
subsidiary Flourish Mushroom Labs is launching a line of medicinal
mushroom products and developing a business in the emerging market
of psychedelic medicine. The Yield Growth management team has deep
experience with global brands including Johnson & Johnson,
Procter & Gamble, Skechers and Aritzia. Yield Growth earns
revenue through multiple 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 contents 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 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, brand development, availability of packaging,
intellectual property protection, reduced global commerce and
reduced access to raw materials and other supplies do to the spread
of the Coronavirus, the potential for not acquiring any rights as a
result of the patent application and any products making use of the
intellectual property may be ineffective or the company may be
unsuccessful in commercializing them; and other approvals will be
required before commercial exploitation of the intellectual
property can happen. The laws around cultivating, selling and using
psychedelic mushrooms would need to change in most jurisdictions in
order for the use of psychedelic products to be legal and sale of,
and demand for, Urban Juve, Wright & Well, Flourish Mushroom
Labs, Jack n Jane and UJ Beverages 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.
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