Yield Growth Application for new INCI name granted for Yield Growth's Cannabis Sativa Hemp Root Oil made with Patent Pending
April 23 2019 - 08:58AM
InvestorsHub NewsWire
Yield
Growth Application for new INCI name granted for Yield Growth’s
Cannabis Sativa Hemp Root Oil made with Patent Pending
Technology
VANCOUVER, British Columbia, Canada -- April 23, 2019 --
InvestorsHub NewsWire -- The Yield Growth Corp.
(CSE: BOSS) (OTC: BOSQF) (Frankfurt:
YG3) announces it has been successful in its application
to obtain an International Nomenclature Cosmetic Ingredient (INCI)
name for its novel ingredient, hemp root oil, which it manufactures
with its patent pending extraction technology and uses in 150 of
its cannabis and hemp based beauty and wellness
formulas.
The
Personal Care Products Council (PCPC) assigned the INCI name
"Cannabis Sativa Root Extract" to the hemp root oil
manufactured by Yield
Growth.
INCI
names are uniform, systematic names internationally recognized to
identify cosmetic ingredients. They are published by the PCPC in
the International Cosmetic Ingredient Dictionary and Handbook,
available electronically as wINCI. By working closely with its
international sister trade associations and with other
organizations around the world, PCPC strives to develop INCI names
that accommodate the differing labeling approaches required by
national laws and
regulations.
“We serve
mainstream luxury consumers who seek sophisticated wellness
products and we are now engaging with luxury retail stores about
launching our products internationally,” says Yield Growth CEO
Penny Green. “Having an assigned INCI name for our key ingredient
Hemp Root Oil will make it easier for us to create international
labels for our products as we roll out international
expansion.”
Yield
Growth’s flagship consumer brand, Urban Juve, has proprietary,
patent-pending hemp root oil extraction technology and formulas.
Urban Juve currently has 11 products for sale in the U.S.A. and
Canada and is currently expanding to China. Yield Growth’s cannabis
infused topicals brand, Wright & Well,combines hemp root oil
with cannabinoids such as THC and CBD and other ingredients
intended for pain relief and is launching next month in Oregon,
U.S.A.
Yield
Growth recently filed a Patent Co-operation Treaty patent
application to protect its cannabis root extraction technology
designed to preserve potentially therapeutic compounds in the
cannabis root and enhance penetration of the skin. This application
can be used as a basis for obtaining patent protection in over 170
countries.
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.