Imaging3 (OTCQB: IGNG), a development stage company focused on the introduction of disruptive technologies in the medical imaging industry, on Monday announced that Grapefruit Boulevard Investments, Inc. will, on June 21, 2019, commence retail sales of its first brand of cannabis infused edible gummies in California under the trade name, Sugar Stoned(R). “We are proud to announce that Grapefruit is initiating retail sales of its cannabis infused gummy edibles throughout California under the Sugar Stoned trade name on or about June 21, 2019,” Imaging3’s new CEO, Bradley J. Yourist, stated in the news release. “Grapefruit will introduce eight Sugar Stoned options: Blue Raspberry, Cherry, Grape, Peach, Pineapple, Sour Apple, Strawberry and Watermelon. We chose to create eight different flavor infused gummies based on market demand after many consultations with cannabis retailers all over California. Retail cannabis product consumers will be able to enjoy our Sugar Stoned infused gummies with the knowledge that Grapefruit products have been tested and are certified to be pesticide and heavy metal free by a third party laboratory before being released at retail. Release of our first branded edible line positions Grapefruit well to become a premiere California manufacturer and distributor of multiple, varied high quality cannabis and CBD infused edible products. Moreover, given that Grapefruit owns and operates its own cannabis extraction laboratory in Desert Hot Springs which produces compliant THC distillate oil or ‘honey oil’ used in cannabis-infused products, Grapefruit will be able to exert control over the active ingredient as well as the those used in the delivery medium of all Grapefruit edibles and thereby ensure the overall quality and taste of all of Grapefruit’s edibles. Grapefruit is also in the process of preparing to introduce several unique cannabis infused offerings and a new line of THC and CBD vaporizer cartridges in the third quarter of 2019.”
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About Imaging3, Inc.
Imaging3, Inc., founded in 1993, has developed a patented medical imaging technology, called the Dominion SmartScan(TM), that produces 3D X-ray images, effectively in real time. The SmartScan technology has the potential to allow healthcare professionals to perform diagnostic and therapeutic procedures more quickly and accurately, which may result in higher throughput for the clinicians and fewer safety risks for patients. Imaging3’s technology exposes patients to less harmful radiation than current equivalent imaging technologies such as CT scans. The company believes this will allow scans to be used in many settings where scanning is currently limited by concerns about radiation exposure. The technology also notably allows for reasonably convenient portability, easier installation and use-readiness, and a significantly reduced cost burden suitable for novel settings and for healthcare systems across varied global settings. Imaging3 plans to submit a 510(k) application to FDA during 2019 and or 2020 to gain marketing authorization for initial applications for the SmartScan technology. For more information, visit the company’s website at www.Imaging3.com.
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