Yield Growth Enters into Definitive Agreement to Distribute Flourish Mushroom Labs Coffee Mixes in Germany, the United Kingdom and Switzerland
Vancouver, British Columbia–(Newsfile Corp. – November 12, 2019) – The Yield Growth Corp. (CSE: BOSS) (OTCQB: BOSQF) (FSE: YG3) is pleased to announce that on November 8, 2019 it entered into a definitive agreement with Eurolife Brands (CSE: EURO) (FSE: 3CMA) for the exclusive distribution of Yield Growth’s line of mushroom infused coffee mixes being developed through subsidiary Flourish Mushroom Labs Inc. Yield Growth, in partnership with Eurolife Brands, to launch mushroom coffee mixes infused with various wild mushrooms such as Lion’s Mane, Turkey Tail, Reishi, Shitake, Chagas and Cordyceps To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/6377/49613_figure1.jpg The distribution agreement grants Eurolife Brands exclusive distribution rights in Germany, the United Kingdom and Switzerland for the mushroom coffee line being developed by Yield Growth subsidiary Flourish Mushroom Labs. The initial exclusivity period is one year with options to extend the term provided certain minimum sales are met. The agreement also grants Eurolife Brands non exclusive distribution in other territories for two years, with a provision to exclude one or more territories on two month’s notice from Flourish Mushroom Labs. The parties plan to integrate the mushroom coffee mix products into Eurolife Brands’ e-commerce platform in Q2 2020, after…
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