• In 2020, more than 2 billion people purchased goods or services online; e-retail sales surpassed $4.2 trillion worldwide
• New online portal features GPFT’s exclusive line of THC-free, hemp-derived CBD products
• New website allows approved affiliates to sign up to market Hourglass products through their own Grapefruit-approved channels and platforms

According to a recent report from Statista, the retail industry has undergone a transformation, with e-commerce becoming indispensable to a company’s survival (https://ibn.fm/qsJ1U). In that light, the timing appears to be ideal as Grapefruit USA (OTCQB: GPFT) launches its worldwide e-commerce website, www.HourglassOnlineStore.com. The online portal features the company’s exclusive line of THC-free, hemp-derived CBD products powered by its disruptive, patented Hourglass(TM) time-release delivery cream.

“Over the last few years, e-commerce has become an indispensable part of the global retail framework,” the Statista report states. “Like many other industries, the retail landscape has undergone a substantial transformation following the advent of the internet, and thanks to the ongoing digitalization of modern life, consumers from virtually every country now profit from the perks of online transactions. As internet access and adoption are rapidly increasing worldwide, the number of digital buyers keeps climbing every year. In 2020, over two billion people purchased goods or services online, and during the same year, e-retail sales surpassed 4.2 trillion U.S. dollars worldwide.”

With the launch of its “one-stop shop,” Grapefruit joins the online space, ensuring that people around the world have access to its hallmark THC-free, hemp-derived, Hourglass-powered CBD topical cream; approved affiliate resellers and the company’s online site are the only places where these Grapefruit-manufactured breakthrough Hourglass products are available.

“Grapefruit’s new, easy-to-navigate website will allow approved affiliates to sign up to market and sell our THC-free, hemp-derived CBD Hourglass products through their own Grapefruit-approved channels and platforms, which will allow Grapefruit to rapidly increase the availability of our CBD product lines and enhance Hourglass brand awareness,” said Grapefruit CEO Bradley Yourist. “The public will only be able to buy the vastly superior Hourglass-powered, THC-free, hemp-derived Grapefruit CBD products from Grapefruit and/or its authorized agents and affiliate resellers. Only Grapefruit products can provide the significantly superior added bioavailability and time-release properties of the patented Hourglass delivery cream. By analogy, it’s as if Grapefruit was the only company on earth with the right to sell solar panels or electric cars.”

Grapefruit has built a stellar reputation for offering only high-quality, tested and reliable products, and has become recognized for its novel delivery system, which differentiates GPFT’s Hourglass products from others in the industry. The delivery system uses patented microsized particles to slowly deliver a wide range of cannabinoids through skin topical administration, solving an ongoing barrier of absorbability. In addition to its highly effective delivery system, Grapefruit offers products that are thoroughly tested and that include a QR-coded Certificate of Analysis. This certificate provides consumers with a complete list of third-party verified ingredients, certifying each product’s cannabinoid content, purity and safety.

Looking forward, Grapefruit anticipates its new e-commerce website will be home to its growing portfolio of THC-free, made-in-the-U.S., hemp-derived CBD products; the company also plans to make available on the website all future hemp, CBD-based products featuring its patented bioavailability-increasing, time-release Hourglass topical cream technology.

GPFT’s direct-to-consumer e-commerce store was announced earlier this month and went live on time and under budget, Yourist said. “Grapefruit’s entire team is honored to offer both U.S. and international customers a convenient, one-stop shop to purchase our THC-free, hemp-derived CBD Hourglass time-release delivery cream-powered products.”

To find out more about the company and its game-changing Hourglass time-release cannabinoid delivery cream, 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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