Leawood, Kansas, July 01, 2021 (GLOBE NEWSWIRE) — YEP, Inc., (“YEP”), an progressive gross sales and advertising firm, introduced as we speak the execution of a letter of intent with Surprise 7 International of Thailand (“Surprise 7”). The letter of intent specifies the advertising launch by Surprise 7 of YEP’s Utopix™ CBD product line into Thailand, Japan, South Korea, and Hong Kong. A definitive Strategic Advertising and marketing Settlement will probably be executed on or earlier than July 15th, 2021.
Surprise 7 will probably be chargeable for: acquiring any licenses required within the goal international locations; registering merchandise for presidency approval the place wanted; constructing out distributor and affiliate members in every nation; and overseeing the day-to-day enlargement within the Asia area.
YEP will probably be chargeable for: offering company and advertising help; suppling its superior Utopix™ Micelle nano water-soluble Isolate and Broad Spectrum CBD line of merchandise; and offering again workplace integration and onboarding of latest distributors and affiliate members.
YEP’s Utopix™ CBD is a proprietary client and pet product line with Micelle nano know-how for superior absorption. The Utopix™ CBD Portfolio of merchandise embrace: topical ache and irritation reduction lotions; Broad Spectrum CBD magnificence lotions; Oral Dissolvable Pill sublingual mint know-how; premium oil tinctures; gourmand gummies; and CBDBrainIQ™ for focus, mind well being, and cognitive efficiency.
Surprise 7’s Chairman, Jun Ho Cha, mentioned “Being in entrance of the rising development of CBD is one factor. Having world class merchandise with proprietary know-how and innovation is one other. We’re excited to convey the Utopix™ manufacturers all all through the Asia area.”
YEP’s Chairman and CEO Jimmy Ezzell acknowledged, “We’re excited for our international enlargement with our Utopix™ CBD product line. The Asia market is an rising market that we consider will embrace world class merchandise that ship outcomes. With the connection and expertise of Mr. Cha and his management, the Asia market will change into a really integral a part of our progress enlargement plan.”
About YEP, Inc.
YEP is a worldwide entrepreneurial client well being and wellness firm. We’re dedicated to bringing science-based plant wellness to shoppers world wide utilizing the best high quality hemp elements and superior absorption applied sciences together with drinks and oral dissolvable tablets. YEP is bringing its proprietary Utopix™ CBD line into a number of home and worldwide markets and partnerships.
Secure Harbor Assertion underneath the Personal Securities Litigation Reform Act of 1995: Statements on this information launch trying ahead in time contain dangers and uncertainties, together with the dangers related to the impact of fixing financial circumstances, product market developments, variations within the firm’s money circulation, market acceptance dangers, technical growth dangers, seasonality, and different threat components.