California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced that on August 16, 2019 the company appointed Justin Costello as Grapefruit’s first non-director corporate advisor and the foundation member of its strategic advisory board. Justin Costello, CEO of GRN Funds, entered into a Corporate Advisory Services Agreement with Grapefruit which stipulates an initial term of one year that will renew automatically for six-month periods, subject to the mutual agreement of the parties. “Dan and I are very grateful to Justin for agreeing to accept our offer and become an official member of the Grapefruit family. We feel his multifaceted legal cannabis, CBD and financing knowledge and experience will be a major asset to our enterprise. We believe Justin’s presence as a foundational senior advisor to Grapefruit will lend significant incremental credibility to Grapefruit which will facilitate and enhance our ability to attract top notch talent, investors and followers. We truly could not be happier about Justin’s involvement. Justin’s appointment represents the achievement of yet another Grapefruit goal on its inexorable march to become a legal cannabis and CBD industry leader,” Grapefruit CEO Bradley J. Yourist stated in the news release.
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About Grapefruit Boulevard Investments Inc.
Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 Inc. (OTCQB: IGNG), holds California permits and licenses to both manufacture and distribute cannabis products. Grapefruit’s cannabis and CBD extraction laboratory and distribution facilities are located in the industry recognized as Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs. Grapefruit obtained its California cannabis licenses in January 2018 and commenced distribution of cannabis products thereafter. Grapefruit’s vision is to become a seed-to-sale, fully vertically, integrated ethical and compliant cannabis and CBD product company. For more information, visit the company’s website at www.GrapefruitBlvd.com.
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