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 product testers and retail customers after their regular use of both our hemp-based CBD Hourglass and THC-based Hourglass topicals, which is extremely gratifying for the company and at base shows that the technology works,” said Grapefruit CEO Bradley J. Yourist. “In an effort to keep our shareholders and the public at large fully informed of company developments, we intend to update previous releases when we determine from shareholder and general public feedback that such clarification is necessary and appropriate. In some cases, such updates may be combined with timely announcements of new developments. We remain committed to providing our shareholders and the public with material information concerning the company as soon as possible.”
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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, located on the extension of North Canyon Road, approximately 14 miles north of downtown Palm Springs. For more information about the company, visit www.GrapefruitBlvd.com.
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