On May 23, 2018, we published revised versions of our Privacy Policy and User Agreements. Please read these updated terms and take some time to understand them. Your use of our services is subject to these revised terms.
Yes, I Agree.

Grapefruit Boulevard Investments Inc. (IGNG) Completes Reverse Acquisition, Launches Sugar Stoned

  • Grapefruit is a premier manufacturer and distributor in California’s legal cannabis marketplace
  • The company completed a reverse acquisition of Imaging3
  • Grapefruit recently launched a new product line, Sugar Stoned

Grapefruit Boulevard Investments Inc. (OTCQB: IGNG) is a premier cannabis manufacturer and distributor in the California legal cannabis marketplace with its own branded product lines. It offers professional assistance to other cannabis companies in branding, compliant packaging, extraction services, edible manufacturing services and distribution logistics. The company created a fully compliant strategy to bring unlicensed brands into the legal marketplace. Grapefruit is a seed-to-sale, vertically integrated company sourcing active ingredients and creating branding, packaging and manufacturing. The company provides wholesale and licensed cannabis distribution to ensure that the brands it works with get into dispensaries.

In January 2018, Grapefruit acquired its California cannabis licenses and subsequently began distribution of cannabis products. Grapefruit’s cannabis- and CBD-extraction laboratory and distribution facilities are located in the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California.

‘IGNG’ was originally the public trading ticker for Imaging3, a diagnostics technology company that is now continuing services as a private company. In June, Grapefruit announced that, upon approval of IGNG’s board of directors, it successfully completed the reverse acquisition of Imaging3 (http://cnw.fm/4K9vL).

In a news release, former Imaging3 CEO John Hollister commented, “Grapefruit is poised for a great future.” Hollister went on to say that, given the potential of the expanding cannabis market and the company’s strong cannabis-market potential, shareholders are now in a position to see a larger value appreciation with lower risk.

Grapefruit has big plans for the future that include the expansion of current extraction laboratory operations to increase efficiencies and output, as well as the expansion of distribution services throughout California and pursuit of additional cannabis licenses for permitted cannabis manufacturing and cultivation. “In this quarter alone, Grapefruit will be launching its new line of unique infused cannabis edible and CBD products,” added Grapefruit CEO Bradley J. Yourist.

In addition, on June 21, 2019, the company announced that it will start retail sales of its first brand of cannabis-infused edible gummies in California under the trade name ‘Sugar Stoned’ (http://cnw.fm/cM2gd). Grapefruit’s corporate vision is to become a seed-to-sale, fully vertically integrated ethical and compliant cannabis and CBD (cannabidiol) product company. The new Sugar Stoned signature gummies are available in eight flavors: blue raspberry, cherry, grape, peach, pineapple, sour apple, strawberry and watermelon. These flavors were chosen following consultation with cannabis retailers across California.

Sugar Stoned consumers know that they are receiving the highest quality product. All of Sugar Stoned’s infused gummies are tested and certified by a third-party lab to be pesticide and heavy-metal free. In Q3 2019, Grapefruit is preparing to introduce several unique infused offerings, as well as launching a new line of THC- and CBD-vaporizer cartridges.

For more information, visit the company’s website at www.GrapefruitBlvd.com

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.cannabisnewswire.com

Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

Do you have a questions or are you interested in working with CNW? Ask our Editor

CannabisNewsWire (CNW)
Denver, Colorado
303.498.7722 Office


Select A Month

Official NewsWire Relationships

Alternative Products Expo Benzinga Cannabis Capital Conference Cannabis Business Summit & Expo 2019 Cannabis Drinks Expo Cannabis World Congress & Business Exposition Cannexpo Marigold PR MjMicro Conference New England Cannabis Network O'Cannabiz Conference & Expo Tether BudTender Tether BudTender Appreciation Week

CannabisNewsWire Currently Accepts



Bitcoin Cash

Bitcoin Cash

Doge Coin






USD Coin

USD Coin

Contact us: 303.498.7722