YGYI announced today that it executed a one year Supply and Processing Agreement to produce 99% pure CBD (No THC) Isolate. Shipping under the contract is expected to begin this month and continue in equal amounts through March of 2020.
YGYI announced the planned launch of coffee infused with CBD. YGYI had been working on a CBD coffee with the launch of its HempFX™ line of full-spectrum CBD products with ambition of being able to provide specific dosing via a K-Cup or single-serve delivery system.
YGYI announced today that its wholly-owned subsidiary, Khrysos Industries, has closed on a 45-acre tract of land in Central Florida. The company advised that it intends to move quickly to erect two separate, already contracted, pre-fabricated 2,800-square-foot buildings on the land – one of which will be dedicated as a revenue center focused on toll processing utilizing Khrysos’ new continuous flow post processing system.
YGYI announced the expansion of its recently acquired Café Cachita Brand of espresso into over 500 retail doors throughout Southeastern Grocers. The new distribution footprint now includes all Winn Dixie, Bi-Lo, Fresco Y Mas, and Harvey stores.
YGYI announced today that it completed the closing of the acquisition of all the assets of Khrysos Global–a Tampa, Florida based manufacturer of hemp-based CBD extraction equipment. This acquisition is expected to establish YGYI’s newly formed wholly-owned subsidiary, Khrysos Industries, Inc, as a global player in the field-to-finish hemp-CBD oil, isolate, and distillate market, and also gives YGYI ownership of INX Laboratories and its testing facilities, allowing the company unprecedented capabilities in regards to formulation, quality control, and testing standards with its CBD products.
