The Yield Growth (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) on Thursday announced its entry into a definitive agreement for the exclusive distribution of Yield Growth’s line of mushroom-infused organic coffees being developed through subsidiary Flourish Mushroom Labs Inc. According to the update, the agreement grants exclusive distribution rights in Greece, Cyprus, Romania, Bulgaria and Serbia for the Yield Growth organic mushroom coffee line to 2699598 Ontario Corp. O/A Melorganics Hellas. The agreement holds a 3-year term and maintains exclusivity provided that minimum orders of $100K per year are met. The initial coffee line will be organic and infused with various wild mushrooms, such as Lion’s Mane, Turkey Tail, Reishi, Shitake, Chagas and Cordyceps, with distribution beginning in Europe upon receipt of regulatory approvals.
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About The Yield Growth Corp.
The Yield Growth Corp. is developing and selling hemp, marijuana and mushroom products in what the Global Wellness Institute reports is a $4.2 trillion-dollar global wellness market. It owns the cannabis wellness brands Urban Juve, Wright & Well and Jack n Jane. The Yield Growth management team has deep experience with global brands including Johnson & Johnson, Procter & Gamble, M·A·C Cosmetics, Skechers and Aritzia. Its all natural hemp skincare brand, Urban Juve, has signed distribution agreements in Canada, Colombia, Brazil, Greece, Cypress, Bulgaria, Romania and Serbia. Yield Growth’s Wright & Well brands are launching a THC/CBD line of topical and edible products in Oregon this month and a CBD from hemp topicals line in California in 2020. Through its subsidiaries, Yield Growth has over 200 proprietary beauty, wellness, edibles and beverage formulas for commercialization. It has filed 12 patents to protect its extraction method and formulas. Yield Growth is in revenue through multiple streams including licensing, services and product sales. For more information about Yield Growth, visit www.YieldGrowth.com.
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