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InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Obtains California Trademark Protection for Flagship Hourglass Cream
February 22, 2021

InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Obtains California Trademark Protection for Flagship Hourglass Cream

Grapefruit USA (OTCQB:GPFT), a premiere, fully licensed California-based cannabis company, announced that it has secured trademark protection for its Hourglass name and logo. The now-protected name and logo are used on Grapefruit’s patented disruptive Hourglass(TM) THC/cannabinoid time-release delivery cream. With the approved trademark, the Hourglass name and logo are now categorized as protected intellectual property rights of Grapefruit USA Inc. That status means that no other company operating in the cannabis space can use the property; the announcement noted that Grapefruit also possesses common-law, first-in-time, trademark protection to Hourglass. In addition, the company has secured California trademark and service mark protections for the Grapefruit corporate name and other product lines including Sugar Stoned and Rainbow Dreams. The company intends to obtain federal trademark protection when the federal government legalizes cannabis. “Obtaining our California trademark protection for Hourglass is pivotal for us to protect our intellectual property rights and goodwill with respect to Grapefruit’s Hourglass line of products,” said Grapefruit CEO Bradley J. Yourist in the press release. “It is only fitting that Grapefruit has exclusive rights to the Hourglass name and logo since Grapefruit has an exclusive license for use of the patented technology upon which the Hourglass time release delivery cream is based and is the only enterprise on earth with the technical know-how to manufacture the Hourglass delivery cream for the regulated cannabis market. That symmetry is exquisite. Securing our trade name is another step forward in the dawning of the Hourglass Era. Hourglass products may only be obtained from Grapefruit and its authorized agents.”

To view the full press release, visit https://ibn.fm/yfLeq

About Grapefruit USA Inc.

Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California. To find out more about the company, please visit www.GrapefruitBlvd.com.

NOTE TO INVESTORS: The latest news and updates relating to GPFT are available in the company’s newsroom at https://ibn.fm/GPFT

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