Grapefruit USA (OTCQB: GPFT), a diversified California based cannabis and hemp company, today announced its online merchant has been approved and that Grapefruit will launch its new U.S. e-commerce website in April 2021. The new site will feature the company’s novel line of hemp CBD only-derived versions of its disruptive, patented Hourglass(TM) time-release delivery cream. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD only-derived versions of Hourglass time-release delivery cream powered products,” said Bradley J. Yourist, CEO of Grapefruit USA. “Until now, Grapefruit’s Hourglass technology-based products have contained THC, so Grapefruit could not sell these products across state lines or internationally. No such federal legal barrier exists for our new hemp-derived CBD only products. So, as our unique and innovative portfolio of hemp CBD only-based products expands and transforms, Grapefruit will offer novel and competitively priced, high quality CBD hemp only-derived products incorporating the Hourglass technology based time-release delivery to our customers. Furthermore, and most importantly, the public will only be able to buy the vastly superior, Hourglass powered, hemp CBD derived Grapefruit products from Grapefruit and/or its authorized agents. By analogy, it’s as if Grapefruit was the only company on earth with the right to sell electric cars.”
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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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