The Yield Growth Company (CSE: BOSS) opened trading Dec. 14 as a new IPO at $.50, with just over 78 million shares outstanding. The company is a “cannabis asset growth” corporation, led by a very experienced group of capital markets and industry professionals. It currently holds 100-per-cent ownership of its own line of wellness and therapeutic products, under the brand “Urban Juve.”
Company President and CEO Penny Green has worked with many companies in her role as head of Bacchus Law, and she commented, “The CSE listing represents the next phase for Yield Growth and for Urban Juve. The transition into the public markets provides a greater opportunity for investors to participate in the rapid expansion of what we believe could become the world’s largest topicals brand.”
Urban Juve reported that it registered 26 products containing cannabis sativa hemp oil for sale with Health Canada and filed 11 provisional patent applications in the United States. Urban Juve’s line of Ayurveda-inspired holistic skin care products are sold in Canada, with distribution agreements signed for the U.S.
Today’s IPO press release included more detail on both management and Urban Juve’s existing product line. Here is a summary of the products already available to consumers:
Urban Juve Product Launches
Urban Juve’s key ingredient — cannabis sativa hemp root oil — combines natural and pure essential oil-based formulations to create quality products that are now available online and will soon be available at select retail stores across Canada.
Urban Juve’s introductory product line includes an anti-aging serum and a lip balm. The Anti-Aging Serum ($85 CDN) incorporates the soothing qualities of hemp root and hemp seed oil with a proprietary blend of essential oils. This tailored combination absorbs into and hydrates skin cells.
The Urban Juve Lip Balm ($10 CDN) creates a soothing protective layer with coconut oil and beeswax, which provides a healthy, hydrating environment for the critical hemp root and seed oils to moisturize and freshen. A hint of peppermint tops off the formula for a fresh feeling, flavour and aroma.
The company stated that it is currently manufacturing another 10 products and within its first year, expects to grow to offer as many as 50 SKUs. These may include massage and body oils, face mists, moisturizer, deodorant and topical creams for acute and chronic pain.
Investor Relations Contact
Kristina Pillon
1-833-514-BOSS 1-833-514-2677
1-833-515-BOSS 1-833-515-2677
Source: stockhouse.com
