On July 29, 2020, Youngevity International, Inc. entered into an Amendment to the Joint Venture Agreement, dated April 20, 2020, by and among CLR Roasters, LLC, Khrysos Industries, Inc., H&H Coffee Group Export Corp. and Fitracomex, Inc., as successor in interest to P&S Corporation Trading Investments Inc. d/b/a The Nica Hemp Cooperative. Pursuant to the Joint Venture Agreement, the parties intend to construct a hemp grow facility in Nicaragua. The Amendment acknowledges the assignment by P&S Corporation Trading Investments Inc. d/b/a: The Nica Hemp Cooperative of its rights and obligations under the Joint Venture Agreement to Fitracomex and clarifies that the proposed issuance upon completion of the construction of the facility of warrants to purchase shares of the company’s common stock to the Nicaragua Partners shall require the approval by the company’s stockholders of the proposed issuance. Pursuant to the Joint Venture Agreement, as amended, H&H Coffee Group Export Corp. has agreed to provide, and contribute a 50% interest in, the 2,200 acre Chaguitillo Farms in Sebaco-Matagalpa, Nicaragua for a 25% stake in the joint venture, the Nicaragua Partners have agreed to provide capital funding for the construction of the facility, and CLR and Khrysos have agreed to initially contribute $3,000,000 of extraction equipment along with their expertise in the hemp business for a 75% stake in the joint venture. In addition, pursuant to the Joint Venture Agreement, as amended, the company has agreed to issue 1,500,000 million shares of the company’s common stock to the Nicaragua Partners and upon completion of the construction of the facility, and subject to the receipt of all necessary approvals, including the approval by the company’s stockholders of the proposed issuance in accordance with the rules of The Nasdaq Stock Market, agreed to issue a warrant to the Nicaragua Partners to purchase 5,000,000 shares of the Company’s common stock at an exercise price of $1.50, exercisable for a term of 5 years.