Grapefruit USA, Inc. Announces Expanded Agreement with Canadian Firms Medz Cannabis and 6PAK Solutions to Shepherd Grapefruit’s Patented Hourglass™ Time Release THC+CBD Delivery Cream Through Health Canada’s Regulatory Process
October 13, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere California-based cannabis and hemp company, is pleased to announce it has entered into a formal collaboration with Canadian companies 6PAK Solutions Inc. and Medz Cannabis, Inc., 6PAK’s partner […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Acquires Controlling Interest in Monterey-Based Summit Boys Inc.
September 15, 2021
Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced that on Friday, Sept. 10, 2021, it closed on the acquisition of a controlling interest in Summit Boys Inc., a Monterey, California-based premium extracts brand that manufactures high-quality products. The acquisition from one of Summit Boys’ founders took place in a stock-for-stock […]
Grapefruit USA, Inc. Acquires Controlling Interest in Summit Boys, Inc. of Monterey, Calif., in Stock-for-Stock Exchange
September 15, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., Sept. 15, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today announces that on Friday, Sept. 10, 2021, the Company closed on the acquisition of a controlling interest in Monterey, California-based Summit Boys, […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update Concerning Formation of Joint Venture, Potential Acquisition
September 7, 2021
Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today provided further updates to its March and May 2021 announcements regarding discussions with a Canadian cannabis company surrounding development of a memorandum of understanding (“MOU”). The MOU sets forth terms under which the parties could enter into a joint venture to jointly manufacture, […]
Grapefruit USA, Inc. Issues Further Update Concerning Formation of Joint Venture with Canadian Partner to Distribute Hourglass Products in Canada, Possible Acquisition
September 7, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., Sept. 07, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today provides further updates to its March and May 2021 announcements concerning its discussions with a Canadian cannabis company regarding development of a […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Committed to Creating High-Quality Products for Its Customers, Human or Otherwise
August 27, 2021
Grapefruit USA (OTCQB: GPFT) understands that humans aren’t the only ones who may benefit from all that cannabidiol (“CBD”) has to offer and is positioning in a rapidly growing market. The pet CBD industry has experienced significant growth over the last several years, with the Brightfield Group projecting an expected market valuation of more than […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Targeting Q3 2021 Entry into Canada for Innovative Hourglass(TM) Cream
August 19, 2021
Grapefruit USA (OTCQB: GPFT) recently announced an agreement with 6PAK Solutions Inc., a well-respected Canadian cannabis manufacturer and arm of ATG Pharma Inc. The agreement set the wheels in motion for targeted entry into Canada for its patented Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream, one of the most effective cannabis topical creams on […]
InvestorNewsBreaks – Grapefruit USA Inc.’s (GPFT) Hourglass Stands Distinct in the Market
August 10, 2021
Grapefruit USA (OTCQB: GPFT) holds permits and licenses to both manufacture and distribute cannabis products throughout the state of California. “Grapefruit’s flagship product — Hourglass time-release delivery cream — features cutting-edge science and technology that solve the age-old problem of THC and other cannabinoids not being easily absorbed through the skin,” reads a recent article […]
Grapefruit USA Inc. (GPFT) Signs Agreement with Leading Canadian Cannabis Manufacturer to Offer Game-Changing THC/CBD Cream
August 5, 2021
GPFT forms strategic alliance with 6PAK Solutions Inc Company working to achieve goal of launching Hourglass in Canada in the third quarter of 2021 Grapefruit’s patented Hourglass delivery cream system has fundamentally changed the way humans absorb cannabinoids In the United States, Grapefruit USA (OTCQB: GPFT) provides consumers with one of the most effective cannabis […]
InvestorNewsBreaks – Grapefruit USA Inc.’s (GPFT) Hourglass(TM) Products Hit the Shelves in One Plant Dispensaries Throughout California
August 5, 2021
Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that One Plant’s eight retail cannabis dispensaries from the California counties of Santa Barbara to Santa Cruz are all now featuring Grapefruit’s Hourglass(TM) Time-Release THC+CBD Delivery Topical Relief Cream. “It is gratifying that we have been able to place the company’s Hourglass […]
One Plant’s California Cannabis Dispensaries Are Now Carrying Grapefruit’s Patented Hourglass THC/CBD Delivery Cream
August 5, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., Aug. 05, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere California-based cannabis and hemp company, is pleased to announce that One Plant’s eight retail cannabis dispensaries from Santa Barbara county to Santa Cruz county California are all now […]
Grapefruit USA Inc. (GPFT) Expands into Billion-Dollar Market with New CBD Pet Tincture
August 4, 2021
Pet CBD industry projected to reach $1.7 billion by 2025 GPFT’s new pet CBD product targets two common dog, cat ailments: anxiety and joint pain Pets deserve the same relief that their owners experience with Grapefruit’s CBD products, says CEO Humans aren’t the only ones who may benefit from all that cannabidiol (“CBD”) offers. A […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Shares Insta Message from ELove: ‘Best Thing on the Market’
July 27, 2021
Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, and its flagship product, Hourglass THC+CBD Patchless Patch Topical Cream, has received an Instagram endorsement from Grammy Award-winning writer, producer and director Damien Matthias, known as ELove. ELove has performed and co-produced with LL Cool J, one of Def Jams Records’ first artists. He […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Pioneering Future-Looking Ideals and Products
July 26, 2021
Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, is committed to being an industry leader by using science and technology to create truly disruptive products for both the recreational and medicinal cannabis marketplace. GPFT recently announced that it is accepting cryptocurrency as payment for its full-spectrum THC […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Statement on Senators Proposed Act to Legalize Cannabis
July 19, 2021
Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, has noted its position on the potential enactment of the Cannabis Administration and Opportunity Act. Senators Chuck Schumer (D-NY), Ron Wyden (D-OR) and Cory Booker (D-NJ) released a discussion draft of the act on July 14, 2021. As presented, the act would remove cannabis […]
Grapefruit Clarifies Potential Ramifications of Senate Majority Leader Schumer’s Push to Federally Legalize Cannabis
July 19, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., July 19, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc., (“GPFT,” “Grapefruit” or the “Company”) (OTCQB: GPFT), a California based cannabis company, today sets forth its position on the potential enactment of The Cannabis Administration and Opportunity Act (the “ACT”), a discussion draft of which was publicly […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Strategic Deal, Start of Trend to Grow Hourglass(TM) Brand
July 6, 2021
Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that Captor Capital Corp.’s (CSE: CPTR) (Frankfurt: NMVA) (Stuttgart: NMVA) retail dispensaries will all feature GPFT’s Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream commencing this week. Captor, a vertically integrated cannabis company that cultivates, manufactures and distributes recreational and medical marijuana-based […]
Captor Capital’s California Retail Cannabis Dispensaries to Carry Grapefruit’s Patented Hourglass THC/CBD Delivery Cream
July 6, 2021
LOS ANGELES, July 06, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere California-based cannabis and hemp company, is pleased to announce that Captor Capital Corp. (CSE: CPTR.CN; Frankfurt NMVA; Stuttgart NMVA) (“Captor”), which owns eight retail cannabis dispensaries from Santa Barbara County to Santa Cruz […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Finalizes NDA with 6PAK Solutions Canada, Plans to Launch Product in Canada
June 28, 2021
Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, has partnered with 6PAK Solutions Inc., a leading Canadian cannabis manufacturer and arm of ATG Pharma Inc. The two companies have signed an NDA and are working together to distribute Grapefruit’s patented Hourglass(TM)Time Release THC+CBD Delivery Topical Relief Cream throughout Canada. According to the announcement, […]
Grapefruit USA, Inc. Announces New Strategic Alliance with 6PAK Solutions Canada to Shepherd Grapefruit’s Patented Hourglass™ Time Release THC+CBD Delivery Cream through Health Canada’s Regulatory Requirements
June 28, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., June 28, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere California-based cannabis and hemp company, is pleased to announce it has signed a NDA with and formed a new strategic alliance with 6PAK Solutions Inc., a well-respected Canadian […]
Grapefruit USA Inc. (GPFT) Provides Status Update on Joint Venture, Possible Acquisition
June 25, 2021
Earlier this year, Grapefruit was approached by a Canadian cannabis company about a potential acquisition. A series of events have delayed the process. Final decisions, details should be discussed in the next 30–60 days. Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed, California-based cannabis company, is providing clarification regarding its previously announced potential acquisition transaction […]
Grapefruit USA Inc. (GPFT) Accepts Crypto Payments on New E-Commerce Site
June 24, 2021
GPFT customers can convert crypto of choice at checkout to make online purchases. Announcement demonstrates company’s outreach to growing demographic of early adopters, younger buyers. Grapefruit is building a well-earned reputation for pioneering future-looking ideals and products. In an industry known for embracing the use of cryptocurrency (https://ibn.fm/14OmW), Grapefruit USA (OTCQB: GPFT) joined other leaders […]
Grapefruit USA Inc. (GPFT) Provides Status Update of Joint Venture, Possible Acquisition
June 22, 2021
Earlier this year, Grapefruit was approached by a Canadian cannabis company about a potential acquisition A series of events have delayed the process Final decisions, details should be discussed in the next 30–60 days Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed, California-based cannabis company, is providing clarification regarding its previously announced potential acquisition transaction […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) CEO to Discuss Disruptive Products Harnessing Cutting-Edge Science and Tech in ‘New to the Street’ Interview
June 18, 2021
Grapefruit USA (OTCQB: GPFT), a California-based hemp and cannabis company, will be featured in FMW Media’s “New to the Street” / Newsmax TV’s Sunday, June 20, 2021, broadcasting lineup of its national syndicated one-hour show airing at 10-11 a.m. ET. Grapefruit USA’s CEO Bradley Yourist will be among the eight interviews with business representatives from […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Expands Hemp-Based Products with Pet CBD Tincture Targeting Anxiety, Joint Pain
June 14, 2021
Grapefruit USA (OTCQB: GPFT), a California-based hemp and cannabis company, today announced that it is expanding its hemp-based cannabidiol (“CBD”) product line with a new U.S. Department of Agriculture (“USDA”) certified CBD pet tincture. The product targets two of the most common dog and cat ailments — anxiety and joint pain. “We understand that pet […]
Grapefruit USA, Inc. Expands Its Hemp Based CBD Products with a New USDA Certified Organic CBD Pet Tincture
June 14, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., June 14, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc., (“GPFT,” “Grapefruit” or the “Company”) (OTCQB: GPFT), a California based hemp and cannabis company, announces today that it is expanding its hemp-based cannabidiol (“CBD”) product line with a new U.S. Department of Agriculture (“USDA”) certified CBD pet tincture […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Enhancing Hourglass Brand Awareness on Heels of Successful E-Commerce Website Launch
June 11, 2021
Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, can now offer both U.S. and international customers a convenient, one-stop shop to purchase its THC-free, hemp-derived CBD Hourglass-powered products. This is after the launch of its worldwide e-commerce website, www.HourglassOnlineStore.com, in May. A recent article quoted Grapefruit CEO […]
Grapefruit USA, Inc. Issues Update Concerning the Company’s Progress Through the First Five Months of 2021
June 1, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., June 01, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis and hemp Company, is updating the public with respect to previously issued press releases concerning the Company’s progress in certain key areas of its […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Progress Update for Key Business Areas
June 1, 2021
Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis and hemp company, today provided an update with respect to previously issued press releases concerning the company’s progress in certain key areas of its business. “Over the last several months, our Hourglass product team has received extremely positive product feedback and internal reviews from our […]
Grapefruit USA Retains Premier Investor Relations and Communications Marketing Firm SRAX to Raise Its Brand Awareness
May 26, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., May 26, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc., (“GPFT,” “Grapefruit” or the “Company”) (OTCQB: GPFT) a California based hemp and cannabis company, announces that it has engaged investor relations and communications marketing firm SRAX, Inc. (“SRAX”) (NASDAQ: SRAX) to expose and market the Company, its […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Releases Q1 2021 Financial Numbers, Chooses SRAX Inc. (NASDAQ: SRAX) as Communications Partner
May 26, 2021
Grapefruit USA (OTCQB: GPFT), a California-based cannabis company, has partnered with SRAX Inc. (NASDAQ: SRAX), an investor relations and communications marketing firm, to strengthen its brand and product line as well as increase awareness of its new e-commerce site and related affiliate program. In the announcement Grapefruit cited SRAX’s novel data-driven approaches to marketing and […]
Grapefruit USA Reports Cannabis Bumper Crop, Lower Demand due to Pandemic and Economic Uncertainty Contributed to Small Year-over-Year Revenue Decrease
May 25, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., May 25, 2021 (GLOBE NEWSWIRE) — via InvestorWire — Grapefruit USA, Inc., (“GPFT,” “Grapefruit” or the “Company”) (OTCQB: GPFT) a California based cannabis company, announces that in its quarterly report on Form 10-Q for the three months ended March 31, 2021, filed with the SEC on May 24, 2021, […]
Grapefruit USA, Inc. Issues Further Update Concerning Formation of Joint Venture with Canadian Partner to Distribute Hourglass Products; Possible Acquisition
May 20, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., May 20, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, is further updating its March 1, 2021, announcement that the Company had been approached by a Canadian cannabis company to enter into discussions […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update Regarding Potential Acquisition, Joint Venture with Canadian Partner
May 20, 2021
Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today issued an update to its March 1, 2021, announcement that it had been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction. The discussions evolved to include development of a memorandum of understanding (“MOU”) setting forth terms […]
Grapefruit USA Inc. (GPFT) New Affiliate Program Authorizes Hourglass Resellers, Broadens Market
May 20, 2021
Affiliate program designed to authorize third-party resellers that meet certain guidelines to market, sell exclusive Grapefruit products Program will maximize, facilitate distribution of GPFT’s THC-free, hemp-derived CBD Hourglass-powered products Grapefruit’s program also provides invaluable product training and information On the heels of unveiling its new e-commerce store, Grapefruit USA (OTCQB: GPFT) added to the excitement […]
Cannabis Meets Crypto at Grapefruit’s New CBD Hourglass E-Commerce Store
May 18, 2021
LOS ANGELES and DESERT HOT SPRINGS, Calif., May 18, 2021 (GLOBE NEWSWIRE) — via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a diversified California-based cannabis and hemp company, today announces it has commenced accepting cryptocurrency as payment at its recently launched e-commerce store: www.hourglassonlinestore.com Grapefruit’s customers who prefer to use Bitcoin, Ether, […]
Grapefruit USA Inc. (GPFT) Unveils New ‘One-Stop Shop’ for Hourglass-Powered Products
May 18, 2021
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, […]
InvestorNewsBreaks – Grapefruit USA Inc.’s (GPFT) New CBD Hourglass E-Commerce Store Now Accepting Crypto Payments
May 18, 2021
Grapefruit USA (OTCQB: GPFT), a diversified California-based cannabis and hemp company, today announced it has commenced accepting cryptocurrency as payment at its recently launched e-commerce store. Grapefruit’s customers who prefer to use Bitcoin, Ether, Bitcoin Cash, Litecoin, Dogecoin or Monero will now have the option to “convert” their crypto of choice at checkout to make […]
InvestorNewsBreaks – Grapefruit USA Inc. (GPFT) Able to Tailor Hourglass (TM) to Specific Needs
May 17, 2021
Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, has, through its patented Hourglass(TM) topical cream, solved the challenge of skin absorption of THC and other cannabinoids, including CBD, CBN, CBG, and CBC. The cream also offers additional benefits. “The architecture of Hourglass gives the company the ability […]
Grapefruit USA Inc. (GPFT) Releases FY2020 Financial Report, Notes 714% Revenue Growth
May 13, 2021
Company announces renegotiation of $4.2 million of convertible notes Report shows net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over 2010 revenues GPFT looks forward to growing distribution business, ushering in the age of Hourglass After spending the last six weeks renegotiating key terms of an estimated $4.2 […]