Youngevity (NASDAQ: YGYI) signed a private label contract between its subsidiary CLR Roasters and a west coast grocery chain with 230 stores to produce a variety of coffee products including bulk coffee, single serve cups, and whole bean and ground coffee retail bags.
CLR Roasters will also provide the stores with whole bean coffee and in-store equipment for customers to select and grind their own coffee.
The total contract is anticipated to result in $3.6 million of revenue to CLR Roasters over the next two years.