Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, together with its wholly owned subsidiary, Khrysos Industries, Inc., today announced the granting of a Hemp Seed Dealer License to Khrysos by Florida’s Agricultural Environmental Services Bureau of Licensing and Enforcement. “Khrysos Industries, in anticipation of being granted the seed dealer license, has already purchased Six 45 X 8 Hemp Seed Grow Houses complete with auto temperature and humidity-controlled systems with all houses containing UV lighting systems and automated irrigation,” Khrysos President Dr. Dwayne Dundore said in the news release. “These automated climate control grow houses all are housed with dehumidification systems and will be located on our 45-acre tract of land in Central Florida.”
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Khrysos Industries, Inc.
Khrysos Industries is a leading manufacturer of commercial hemp-based CBD extraction, post processing equipment, and end-to-end processor of CBD isolate, distillate, water soluble Isolate, and water-soluble distillate. Its subsidiary, INX Laboratories provides a broad range of testing services including potency analysis for its supply partners of hemp derived CBD products. Khrysos provides hemp growers, feedstock suppliers, and CBD crude oil producers the use of equipment, intellectual capital, production consultancy, tolling services, and wholesale CBD channel sales capabilities. Khrysos Industries was acquired by Youngevity International (NASDAQ: YGYI) on February 12th, 2019. For more information, visit the company’ website at www.KhrysosGlobal.com.
About Youngevity International Inc.
Youngevity International Inc. is a multi-channel lifestyle company operating in three distinct business segments, including a commercial coffee enterprise, a commercial hemp enterprise and a multi-vertical omni direct selling enterprise. The company features a multi country selling network and has assembled a virtual Main Street of products and services under one corporate entity. YGYI offers products from the six top-selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry and innovative services. For more information, visit the company’s website at www.YGYI.com.
NOTE TO INVESTORS: The latest news and updates relating to YGYI are available in the company’s newsroom at http://ibn.fm/YGYI
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