The cosmetics industry is massive, and just like big pharma is faces an array of problems, one of which includes chemicals that make someone look good now, but can be harmful in the long run. Something natural like cannabis, namely CBD, can help the industry create safer products that wont cause long term skin damage. One company capitlizing on this is Yield Growth Corp. (BOSS), and their chart has gone ballistic in the last couple months.
Yield Growth is working to develop, promote, and sell health, wellness, and cosmetic range of products under their brand Urban Juve, which is wholly-owned by their subsidiary company, Urban Juve Provisions Inc.
Right now, they are selling their products directly to customers through their website UrbanJuve.com, but they’ll soon be available in retail stores across Canada.
New Innovations In The Wellness Industry
Perhaps the most remarkable achievement of the Yield Growth Corp. has been the development of 50 cannabis- and hemp-based products. These products include bath salts, anti-aging serums, antihistamines, pain patches, and more under their label, Urban Juve.
Two of these fifty products have been developed and are already among bestsellers on their website. The rest of the products will be launched in four phases.
Thrive Activations Inc., another subsidiary company of the Yield Growth Corp., offers latest technology services to enterprises that are looking to leave competition in the dust.
It provides marketing and technology advisory services to businesses based in Vancouver, Canada.
Interesting Facts You Need To Know About Yield Growth Corp.
- Its share in the global wellness market crossed $4.2 trillion in 2017
- Its share in the global cannabis market is expected to grow over $31 billion by 2021
- It has developed 50 unique cannabis and hemp based cosmetic and wellness products
- It has registered 26 Health Canada products to date
- It has filed 11 US patent applications to date
- Its management team is comprised of people that have worked with billion-dollar brands across the world
- It caters to both B2B and B2C business models
Yield Growth Corp. has recently announced an exciting foray into the CBD (Cannabidiol) and THC (Tetrahydrocannabinol) infused wellness beverage formulas.
The company has entered into a final agreement with natural health vendors Bhavna Solecki and Vivek Tanejato buy 8 health drink formulas that will incorporate CBD and THC.
Both of these cannabinoids have been scientifically proven to help cure a lot of diseases, including skin infections, inflammatory bowel syndrome, and even cancer.
The formulas of these 8 drinks have been specifically created to provide multiple health benefits including:
- Reduction in anxiety
- Increase in brain function
- Elimination of body toxins
- Higher immunity
- Reduction in gut inflammation
These incredible wellness concoctions have been developed according to the Ayurveda – a 5,000 year old Indian system of natural healing. These 8 drinks incorporate organic fruit extracts, roots, and spices.
It is reported that UJ Beverages, another subsidiary of Yield Growth Corp., will research other cannabis-based beverage opportunities after this acquisition is complete. According to Penny Green, the CEO of Yield Growth Corp, they are planning on joining hands with licensed cannabis manufacturers in Canada and the US to develop and grow a beverage brand.
This decision couldn’t come at a better time. According to Canaccord Genuity, cannabis-based health drinks can potentially outperform other cannabis products by a whopping 20% come 2022.