Khrysos Industries, Inc. a wholly owned subsidiary of Youngevity International, Inc. (NASDAQ: YGYI) secures $1.2 Million of Tolling Revenue for February Shipping Representing 42% of Monthly Tolling Capacity
Khrysos Industries, Inc. a wholly owned subsidiary of Youngevity International, Inc. (NASDAQ: YGYI), announced today that its tolling operation operating within its 82,000 square foot facility in Orlando, Florida has filled 42% of its available capacity generating $1.2 million of revenue for February tolling production. Khrysos Industries tolling operation represents one revenue segment of YGYI’s hemp enterprise. The company began bringing online the state-of-the-art facility that features a 46,200 sq. ft. production area that includes 5,200 sq. ft. of class C7 sterile capable workspace and is powered via a redundant utility system for continuous operation. Khrysos also plans to bring online its finished goods production in February.