Yield Growth Expanding Product Lines & Distribution Footprint
Ryan Allway
February 11th, 2019
Exclusive, News, Top News
There’s no doubt that the cannabis industry is poised for rapid growth over the coming quarters, but investors have many options in the space. While licensed producers and retailers tend to capture the headlines, investors may want to take a closer look at companies developing innovative products lines in high-growth segments, such as the beverage, edibles, and wellness segments.
The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (Frankfurt: YG3) recently announced measures to expand its product line to more than 50 SKUs in 2019, to include cannabinoid infused beverages and edibles, as well as new distribution inroads into the United States.
Please click here to receive an investor presentation and corporate updates
Growing Beverage Segment
The North American cannabis industry is projected to grow at a 27 percent compound annual growth rate to $24.2 billion by 2021, according to Arcview Market Research and BDS Analytics. While most people are familiar with smoking cannabis flower, cannabis extracts, edibles, and beverages have proven to be a much faster growing segment. These products target a much larger potential customer base that may not be comfortable with smoking.
Cannabinoid-infused beverages are projected to become a multi-billion dollar industry over the coming years. According to Forbes, Mark Hunter, the President and CEO of Molson Coors believes that the beverage market will account for up to 30 percent of the edibles market once legalized, which represents around $3 billion per year in revenue. The addition of non-psychoactive beverages, such as CBD-infused beverages, could increase that figure.
When it comes to beverages, there are few other ingredients that offer such a wide range of functional benefits, including health, wellness, relaxation, and recreation. There are thousands of different ways that cannabinoids can be used to augment beverages. For example, cannabis-derived terpenes could be used in the brewing process to impart or enhance flavor, while CBD could be included to deliver a wide range of wellness benefits.
Building a Beverage Portfolio
Yield Growth recently announced the acquisition of eight Ayurvedic wellness beverage formulations designed to be infused with CBD and THC, as well as one capsule product intended to treat hangovers. The formulas were designed to offer a variety of potential health benefits, including an energy boost, hangover treatment, brain function boost, anxiety reduction, improved immunity, toxin removal, and reduced inflammation.
“We are excited to move forward with the development of our CBD and THC-infused beverages as these products are expected to be fully legal in Canada within the year,” said Yield Growth President and CEO Penny Green. “We are now in discussions with several licensed cannabis processors in Canada to manufacture our cannabis products and we are also in talks with hemp farmers and licensed cannabis producers to source CBD and THC.”
The new products add to the company’s projected 50 SKUs that are expected to hit the market this year. In addition to beverages, the company recently incorporated UJ Edibles Inc. and is developing an acquisition and licensing strategy to build a line of cannabis edibles for distribution in Canada and the United States. These beverage and edible lines complement the company’s existing beauty and wellness products already on the market.
Please click here to receive an investor presentation and corporate updates
Expanding Distribution
Yield Growth also recently announced the launch of an ecommerce platform targeting consumers in the United States following the passage of the U.S. Farm Bill. Urban Juve products are now available for sale in the country at www.urbanjuve.com. In addition, the company plans to start establishing distribution channels through U.S. retailers, including pharmacies, naturopaths, clinics, salons, spas, wellness and beauty stores.
“U.S. distribution is a cornerstone of our sales strategy for all our brands,” says Green. “Already, we have a deal in place to sell our THC and CBD infused products through a 400 retail distribution network in Oregon, and now we have launched U.S. ecommerce sales for our Urban Juve products. Our next step is to set up sales agents in California to access the world’s largest cannabis market.”
Consumers in the United States are projected to spend $20.9 billion by 2021 on cannabis products, as compared to $4.5 billion just in Canada, according to Arcview Market Research and BDS Analytics. Statista estimates that legal cannabis sales in California alone will reach $6.3 billion by 2021.
Please click here to receive an investor presentation and corporate updates
Looking Ahead
The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FFT: YG3) is well positioned to capitalize on growing demand for cannabis beverages, edibles, and wellness products with the launch of new products and distribution channels. Investors may want to keep a close eye on the stock over the coming quarters given these many upcoming catalysts.
For more information, visit the company’s website at www.yieldgrowth.com.
Disclaimer
The above article is sponsored content. Emerging Growth LLC, which owns CannabisFN.com and CFN Media, has been hired to create awareness. Please follow the link below to view our full disclosure outlining our compensation: https://cannabisfn.com/legal-disclaimer/
This article was published by CFN Enterprises Inc. (OTCQB: CNFN), owner and operator of CFN Media, the industry’s leading agency and digital financial media network dedicated to the burgeoning CBD and legal cannabis industries. Call +1 (833) 420-CNFN for more information.
About Ryan Allway
Mr. Allway has over a decade of experience in the financial markets as both a private investor and financial journalist. He has been actively involved in the cannabis industry since its inception, covering public and private companies.
Search CannabisFN
Press Coverage
Psychedelics Index
Top Videos
Matt Hawkins is the founder and managing principal of Cresco Capital Partners, LLC (“Cresco”), a private equity firm focused specifically on investing in the legalized cannabis industry. Since its inception in the summer of 2015, Cresco has made 14 investments out of its first fund and is currently raising this fund, Fund II. Prior to the […]
Technical420 is the premier provider of research and analysis on cannabis stocks. We provide investors with sponsored and non-sponsored information on the volatile and emerging cannabis industry. “Our research is our passion!” Your profit is our reward!
Aleafia, a vertically integrated, national cannabis company, operates major medical clinic, cannabis cultivation and R&D facilities.
Harborside Inc. (CSE: HBOR) is one of the oldest, largest and most respected cannabis retailers in the world with award-winning flower, concentrates, edibles and other cannabis products from California’s most respected growers and manufacturers.
Network Partners
About CFN Media Group
CFN Enterprises Inc. (OTCQB: CNFN) owns and operates CFN Media Group, the premier agency and financial media network reaching executives, entrepreneurs and consumers worldwide. Through its proprietary content creation, video library, and distribution via www.CannabisFN.com, CFN has built an extensive database of cannabis interest, assisting many of the world’s largest cannabis firms and CBD brands to build awareness and thrive. For more information, please visit www.cfnenterprisesinc.com.
Disclaimer: Matters discussed on this website contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time-to-time have a position in the securities mentioned herein and will increase or decrease such positions without notice. The Information contains forward-looking statements, i.e. statements or discussions that constitute predictions, expectations, beliefs, plans, estimates, or projections as indicated by such words as "expects", "will", "anticipates", and "estimates"; therefore, you should proceed with extreme caution in relying upon such statements and conduct a full investigation of the Information and the Profiled Issuer as well as any such forward-looking statements. Any forward looking statements we make in the Information are limited to the time period in which they are made, and we do not undertake to update forward looking statements that may change at any time; The Information is presented only as a brief "snapshot" of the Profiled Issuer and should only be used, at most, and if at all, as a starting point for you to conduct a thorough investigation of the Profiled Issuer and its securities and to consult your financial, legal or other adviser(s) and avail yourself of the filings and information that may be accessed at www.sec.gov, www.pinksheets.com, www.otcmarkets.com or other electronic sources, including: (a) reviewing SEC periodic reports (Forms 10-Q and 10-K), reports of material events (Form 8-K), insider reports (Forms 3, 4, 5 and Schedule 13D); (b) reviewing Information and Disclosure Statements and unaudited financial reports filed with the Pink Sheets or www.otcmarkets.com; (c) obtaining and reviewing publicly available information contained in commonlyknown search engines such as Google; and (d) consulting investment guides at www.sec.gov and www.finra.com. You should always be cognizant that the Profiled Issuers may not be current in their reporting obligations with the SEC and OTCMarkets and/or have negative signs at www.otcmarkets.com (See section below titled "Risks Related to the Profiled Issuers, which provides additional information pertaining thereto). For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity-based compensation in the companies it writes about, or a combination of the two. For full disclosure, please visit: https://www.cannabisfn.com/legal-disclaimer/. A short time after we acquire the securities of the foregoing company, we may publish the (favorable) information about the issuer referenced above advising others, including you, to purchase; and while doing so, we may sell the securities we acquired. In addition, a third-party shareholder compensating us may sell his or her shares of the issuer while we are publishing favorable information about the issuer. Except for the historical information presented herein, matters discussed in this article contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. CFN Media Group, which owns CannabisFN, is not registered with any financial or securities regulatory authority, and does not provide nor claims to provide investment advice or recommendations to readers of this release. CFN Media Group, which owns CannabisFN, may from time to time have a position in the securities mentioned herein and will increase or decrease such positions without notice. For making specific investment decisions, readers should seek their own advice and that of their own professional advisers. CFN Media Group, which owns CannabisFN, may be compensated for its Services in the form of cash-based and/or equity- based compensation in the companies it writes about, or a combination of the two. For full disclosure please visit: https://www.cannabisfn.com/legal-disclaimer/.
Copyright © Accelerize Inc. · All Rights Reserved · Privacy Policy · Legal Disclaimer
