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News and publishing service
for cannabis related companies |
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LimeLight of The week is
Youngevity International, Inc. (NASDAQ: YGYI)
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Youngevity International, Inc. (NASDAQ: YGYI) is a leading omni-direct lifestyle company offering a hybrid of the direct selling business model that includes e-commerce and the power of social selling. Among the Top 100 Global Direct Selling Companies, Youngevity offers products from the six top selling retail categories: health/nutrition, home/family, food/beverage (including coffee), spa/beauty, apparel/jewelry, and a range of innovative services. Created through the 2011 merger of Youngevity Essential Life Sciences with Javalution® Coffee Company, today’s Youngevity International Inc. is a virtual worldwide Main Street of products and services under one corporate entity that supports a healthy and empowered lifestyle.
Investment Considerations
- Annual revenue growth from $75 million in 2012 to $166 million in 2017
- YGYI selected by NASDAQ as Fit Week Company in January 2018; added to Russell Index in June 2018
- Youngevity’s strong presence in large, scalable, top global vertical market segments includes the $216 billion anti-aging sector, $154 billion skin care space, $11.6 billion brain health market, and $241 billion weight loss industry
- International expansion well underway with corporate infrastructure, product approvals, newly acquired distributors and customers now driving revenue
- CLR Roaster has entered into a 5-year contract with a major coffee important and exporter for the sale and processing of over 41 million pounds of green coffee on an annual basis. Contract is estimated to generate revenues of $250 million from 2019 through 2023, with first shipments beginning January 2019.
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