YIELD GROWTH Announces Development of 10 New Hemp Root Oil Infused Products Exclusively for Men
April 18 2019 - 7:45AM
InvestorsHub NewsWire
YIELD GROWTH Announces
Development of 10 New Hemp Root Oil Infused Products Exclusively
for Men
VANCOUVER, British
Columbia, Canada -- April 18, 2019 -- InvestorsHub NewsWire
-- The Yield Growth
Corp. (CSE: BOSS) (OTCQB: BOSQF) (Frankfurt:
YG3) is pleased to announce it is developing a unique
selection of Urban Juve products exclusively for men. Featuring
amber and tobaccotwo ingredients with ancient originsthe new
products under development include beard oil, hair gel, aftershave
moisturizer, shaving cream, sex balm and four essential oil
colognes.
The demand for hemp
grooming products for men is expanding. According to
Forbes,
$6.9 billion was spent in
the U.S. on men's grooming products last year, and men's skin care
product sales grew by 11%, making it the fastest growing segment of
the skin care market. According to cannabis industry analysts The
Brightfield Group, the hemp-CBD market may hit $22 billion by
2022.
"We have had great
response from men using the Urban Juve products, which inspired us
to formulate products specifically for men," says Bhavna Solecki,
Director of Product & Content at Urban Juve. "We incorporated
amber and tobacco essential oils, not only for their luxe,
masculine fragrance notes, but also for their Ayurvedic
properties."
Because of its ancient
origins, Amber is a natural choice for Urban Juve's inaugural men's
line. The essential oil derived from amber is one of the oldest in
the world and has been traded since 8,000 BC. It is the fossilized
sap of the giant prehistoric conifer,
Yield Growth Announces Urban Juve Men's Line.
The new product line designed exclusively for men includes beard
oil, hair gel,
aftershave moisturizer, shaving cream, sex balm and four essential
oil colognes.
Pinus Succinifera, and
can be up to 345 million years old. Today, it is a popular
ingredient in many perfumes, but it also has Ayurvedic benefits; it
is known to calm the mind, rejuvenate tired-looking skin, and
strengthen the appearance of hair follicles. Additionally, amber
has analgesic
properties and works as an aphrodisiac.
Tobacco has been used in
various forms for thousands of years, often with other herbs for
ritualistic purposes, healing and purification ceremonies. The
tobacco leaf has also been used to induce trance states and
visions. According to ancient healing systems like Ayurveda,
tobacco has been used to treat various health disorders and its
effects have been proven by modern research as well. It has been
used to relieve stress and treat skin conditions, alopecia and
dandruff.
The men's products will
include as a key ingredient hemp root oil produced using Urban
Juve's proprietary extraction technology. The new products will
commence microbial and stability testing this summer for an early
2020 anticipated release. Urban Juve products are now distributed
in the U.S. and Canada with a recent deal signed to launch the
products in China.
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 by
connecting ancient healing with modern science and technology. Its
management team has deep experience with global brands including Johnson &
Johnson, Procter & Gamble, MAC 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 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, UJ
Topicals 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.