California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), holds licenses initially issued by the state of California in January 2018 to manufacture and distribute cannabis products. A recent article discussing the company reads, “Grapefruit owns and operates its fully licensed and compliant ethanol extraction laboratory located in the Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California. The company’s extraction lab produces high-quality, cannabis-derived distillate, also known as honey oil, from cannabis flower and “trim.” THC honey oil is one of the base cannabis commodities that serves as the active ingredient in everything from infused edibles and tinctures/creams to the cartridges used in vapes and e-cigarettes. Honey oil often sells on the wholesale marketplace for thousands of dollars per liter, with pricing being dependent on quantity purchased, as well as other market factors such as the availability and cost of the underlying flowers and/or trim.”
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About Grapefruit Boulevard Investments Inc.
Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 Inc. (OTCQB: IGNG), is a fully licensed, premier-cannabis manufacturer and distributor in the California legal cannabis marketplace, where it manufactures, procures and distributes its branded, high-quality, all-natural cannabis flowers, concentrates and related products that are free from pesticides, heavy metals and bacteria. Grapefruit’s cannabis and CBD extraction laboratory and distribution facilities are located in the Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs near downtown Palm Springs. Headquartered in Los Angeles, Grapefruit provides its wholesale and retail cannabis distribution services throughout California. Grapefruit is managed by a team of experts that possesses the experience, skills and resources required to succeed in the competitive cannabis marketplace. For more information, visit the company’s website at www.GrapefruitBlvd.com.
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