/EIN News/ — LOS ANGELES and DESERT HOT SPRINGS, Calif., April 30, 2021 (GLOBE NEWSWIRE) — through InvestorWire — Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a diversified California-based cannabis and hemp firm, at the moment publicizes the launch of its new worldwide e-commerce web site, www.hourglassonlinestore.com, which options the Company’s novel line of THC-free, hemp-derived CBD merchandise powered by its disruptive, patented Hourglass™ time launch supply cream. As a consequence, for the primary time ever, individuals world wide can have on-line entry to pure, ultra-high-quality, THC-free, hemp-derived CBD merchandise with each the improved bioavailability and time-release traits afforded by Grapefruit’s Hourglass supply cream. The solely place these Grapefruit-manufactured breakthrough Hourglass merchandise can be found is on the brand new Grapefruit web site or by way of Grapefruit affiliate resellers, who meet Grapefruit’s inflexible integrity requirements.
Grapefruit’s new e-commerce web site will function the direct-to-consumer, on-line residence for Grapefruit’s rising portfolio of THC-free, made-in-the-U.S., hemp-derived CBD merchandise and for all future hemp CBD-based merchandise Grapefruit will produce using Grapefruit’s patented bioavailability-increasing, time-release Hourglass topical cream know-how.
Grapefruit CEO Bradley Yourist commented, “Our initiative, announced earlier this month, to launch our direct-to-consumer e-commerce store before the end of April 2021 has been accomplished on time and under budget. 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.”
“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. 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 is dedicated to promoting solely high-quality, examined and dependable merchandise and making certain it makes no claims except clinically validated. All of Grapefruit’s THC-free, hemp-derived, CBD-based merchandise to be marketed and bought on the brand new e-commerce web site shall be completely examined and embrace a QR coded Certificate of Analysis, which is able to present shoppers with a whole record of third-party verified substances certifying every product’s cannabinoid content material, purity and security.
To study extra in regards to the new e-commerce retailer, please go to: https://hourglassonlinestore.com/
To study extra about Grapefruit, please go to InvestorBrandNetwork: https://www.investorbrandnetwork.com/clients/grapefruit-usa-inc/
To study extra about Grapefruit’s new sustained-release Hourglass™ THC + Cannabinoid Topical Delivery Cream, please watch this promotional video https://www.youtube.com/watch?v=6cU9MJMgH1w&feature=youtu.be and go to our web site at: https://grapefruitblvd.com/hourglass/
To study extra about Grapefruit, please go to our web site at: https://grapefruitblvd.com/investor-relations/
Grapefruit’s company headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to each manufacture and distribute cannabis merchandise within the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution services are positioned within the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, positioned on the extension of North Canyon Road roughly 14 miles north of downtown Palm Springs. To get hold of additional data on Grapefruit and its operations, please go to the Company’s web site at https://grapefruitblvd.com/.
Safe Harbor Statement
Grapefruit cautions that any assertion included on this press launch that isn’t an outline of historic information is a forward-looking assertion. Many of those forward-looking statements comprise the phrases “anticipate,” “believe,” “estimate,” “may” “intend,” “expect” and related expressions. Actual outcomes, efficiency or achievements might differ materially from these contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based mostly largely on the expectations of the Company and are topic to quite a lot of dangers and uncertainties inherent in Grapefruit’s enterprise, together with, with out limitation: the Company might not ever get hold of extra funds essential to help its enterprise growth and development plans; and the Company might not ever obtain the market success to succeed in or maintain a worthwhile enterprise. In addition, there are dangers and uncertainties associated to financial recession or terrorist actions, competitors from a lot bigger cannabis corporations, sudden prices and delays, potential product legal responsibility claims and plenty of different components. More detailed details about Grapefruit and the danger components that will have an effect on the conclusion of forward-looking statements is about forth within the Company’s filings with the Securities and Exchange Commission, together with the Company’s Annual Report on Form 10-Okay and its Quarterly Report on Form 10-Okay for the interval ended Dec. 31, 2020, and its Registration Statement on Form S-1/A. Such paperwork could also be learn freed from cost on the SEC’s web site at www.sec.gov. Readers are cautioned to not place undue reliance on these forward-looking statements, which communicate solely as of the date hereof. All forward-looking statements are certified of their entirety by this cautionary assertion, and Grapefruit undertakes no obligation to revise or replace this press launch to replicate occasions or circumstances after the date hereof. This warning is made underneath the protected harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995.
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