Introducing the Hourglass™ Patchless Patch ™ delivery system by Grapefruit USA (OTC: GPFT)... Utilizing the world’s FIRST (and ONLY) patented time-release nanoparticle delivery system for cannabis, Grapefruit’s Hourglass™ Patchless Patch ™ is the only cannabis transdermal that can penetrate five layers of skin, and break the blood-brain barrier, to deliver beneficial cannabinoids into the bloodstream in a predictable, steady dose over time.

Grapefruit’s innovation allows cannabis consumers to obtain the desired medical benefits from the plant without smoking and sacrificing their health in exchange.

A topical that actually works… Discrete. Healthy. Trusted. Tested. Safe. The Hourglass™ Patchless Patch ™ by Grapefruit USA (OTC: GPFT). The healthier, more personal way to experience cannabis. How you choose to stand out is up to you. As the cannabis wellness revolution gains momentum, Grapefruit USA (OTC: GPFT) is at the forefront of modern research and development, leading the industry’s evolution by creating efficacious products that are healthy, clean, trustworthy, and safe. Learn more by visiting: https://grapefruitblvd.com/grapefruit...

Total disruption of cannabis delivery

I have no insights on pricing for you. I can appreciate different highs depending on the situation. The high I experienced last night was a mix of subtly into a mellow euphoria but was certainly the type of experience that I would be comfortable undertaking out in public.

After my last post, I nodded off blissfully on the couch while checking out the the days political news. My monitor woke me up to check on me and I decided to go to bed. Got into bed with my laptop with the intention to check out current vids from the day at around 11:30PMPDT. Never even made it to a website, the next thing I knew, it was 7:30 AMPDT and my monitor was tapping on my bedroom door. Eight hours of uninterrupted, painless sleep. It's quite unusual for me to sleep through the night without waking up once or twice. I had 20 minutes of minor brain fog after I woke up but that's gone and I feel very well rested and ready to take on the day. I'm definitely going to try the Grapefruit patchless patch again but I'm going to start earlier in the evening and apply the entire 45mgs of patch. I will post a similar account of that experience. I truly feel this is the future of cannabis delivery as it totally discreet, requires no smoking (and coughing-yuck) or ingesting through the gut and will allow users to test different blends of THC and CBD and doses of product until they dial in their unique perfect combination. Stand by.

Update: It is now 10:30 PM. I have a slight buzz and am very relaxed. As I mentioned, out of an abundance of caution I only applied half of the cream. Now that I am feeling some effects and am comfortable, I am going to apply the second half of the patch. This patch has put me in a very relaxed and pleasant state of mind.

This is my initial personal test of Grapefruit's patchless patch. As a friend of members of the management of GPFT and as a person of great curiosity I have decided to test the patchless patch myself with no company supervision. It is now 9:34 PM PDT - I applied the cream to the small of my back at 9:05 PM as is illustrated in the attached pictures. The patch contents contain 45 MG of THC (I'm taking half) and a lesser amount of CBD. I will update this site as my experience unfolds and will report when I feel I have something significant to say.

Vaccum sealed packaging

I removed the inner package from the vaccum sealed pouch

Got the good stuff

The unused half

Repackaged (into the fridge)

Well, I spoke to George Kaufman 10 days ago and he was quite surprised to hear from a US person interested in CNWHF and why it filed 15F-12B (I think its because all the players with restricted paper can deposit with 4(a)(1) now that most have held for two years and the SEC reporting requirements are no longer relevant to resale of restricted shares) and he confirmed that he and Kerry Propper are still directors, the Company and its Chinese mgmt are still in that Jianguomenwai Avenue diplomatic district near the giant Russian high end knockoff mall, but he was otherwise tight lipped.

Where did you hear this vehicle being discussed?- was it in NYC?, San Diego? - At a Chardan function?

Grapefruit USA, Inc. (OTC PINK "GPFT") Announces its THC + CBD Patchless Patch(TM) Time Released Topical Cream is a Full Spectrum Product

Thursday, May 21, 2020 8:30 AM EDT
LOS ANGELES and DESERT HOT SPRINGS, CA / ACCESSWIRE / May 21, 2020 / Grapefruit USA, Inc. (OTC PINK:GPFT), a California based cannabis distribution and manufacturing company ("Grapefruit" or the "Company") is announcing today that it has made significant progress in the development of its patented THC + Cannabinoid infused "Patchless Patch™" time release topical cream. The topical cream was tested by Grapefruit's exclusive California State compliance testing laboratory, CannaSafe, of Los Angeles, and the testing results demonstrate that the infused topical cream contains consistent levels of THC and CBD in concentrations that make Grapefruit's patented cream a ‘full spectrum' product. The Company's test results show that the sample cream contained the targeted mixture of 20.67 mg/g of total THC; 11.58 mg/g of CBDs and total cannabinoids of 37.41 mg/g. The certificate of analysis and testing panel included CBD, CBG, CBN and CBDa. The THC cannabinoid panel was composed of Delta-9, Delta-8 THC and trace amounts of THCV.

With respect to the test results of Grapefruit's time-release THC + CBD infused cream, Bradley J. Yourist, Grapefruit CEO, stated, "The test results have made it clear that we have successfully ‘packed' the entire cannabis flower into our patented time-release topical cream thereby providing our users with both a unique cannabinoid profile and THC creating a desirable synergistic entourage effect.

Our patented topical cannabis cream has solved the previously unsolvable problem of obtaining efficient skin absorption of THC and other cannabinoids through the skin thereby allowing our customers to enjoy the unique experience of a sustained and steady delivery of THC and the other cannabinoids over time flowing from a one-time application to the user's skin. No other cannabis product on the market can state that they have a patented time release THC/cannabinoid delivery mechanism. Grapefruit thanks CannaSafe's staff chemists for working so closely with our team to develop an accurate test which has now proven our initial concept is safe for the retail marketplace.

Additionally, we have learned that a given cannabinoid profile remains very consistent ‘before and after' our honey oil is encapsulated into the patented nano-silica delivery mechanism with very little loss of cannabinoids in the process. This development will allow Grapefruit to efficiently include specific Cannabinoids in various concentration levels to create narrowly focused topical cream products for our retailers and customers. The potential variations of THC/Cannibinoids to be infused in our patented topical cream are endless, and our goal is to be able to ‘fine tune' our customer's overall experience to his or her specific requirements using our patented delivery mechanism. Grapefruit's customers should be able to design their own custom blends, as a result of Grapefruit's breakthrough technology.

We are on track to introduce this unique patented product to the retail marketplace by the end of the second quarter which furthers the goal of becoming an innovative industry leader."

https://www.accesswire.com/viewarticle.aspx?id=590831

Great news coming out today!

According to the press release, at the closing of the reverse acquisition, the current 167,329,067 shares outstanding owned by the public will constitute 20% of the shares. The remaining 669,316,268, or 80%, will be owned by BudTrader/Grapefruit. At the conclusion of the transaction, there will be a grand total of 836,645,335 shares outstanding. 

BudTrader has a user base of approx. 2.5M accounts - very sticky as they provide a market place for these users that they can’t find elsewhere.

According to a Forbes article from 2013 per user valuation of Facebook was $90.59 (market cap/number of users). At today’s market cap and public user numbers that would be somewhere around $250 per user. Median per user valuation for all social media, according to the 2013 Forbes article, was $111.07 per user. (Source)

The chart below is a look at how different social media IPOs and M/A’s valued their monthly active users. The average value per user in this range was $71. (Source)



Lastly - Craigslist. Harder to find good data, but this article estimates the company is worth about 3B. Craigslist is estimated to have at least 60M users, which comes out to an even $50 per user. 

BudTrader @ $50 (cragislist estimate) per user… 2.5M x 50 = 125,000,000 / 836,645,335 = $0.1494 per share

@ $71 (IPO and M/A avg) per user = $0.2122 per share

@ $111 (Forbes median estimate) per user = $0.3317 per share

@ $250 (Current FB estimate) per user = $0.747 per share

So from this angle, the stock is worth anywhere from $0.15 to $0.75 per share today depending on which of these benchmarks you choose to compare it with. Not to mention it’s only up from here as the sector builds momentum and BudTrader continues to expand its number of registered, dedicated users. 

Check this video for a graphic illustration of the power of the Grapefruit/Budtrader alliance:

Higher Res of the product:

https://vimeo.com/373426520

Interesting video from Grapefruit’s Desert Hot Springs facility:

https://vimeo.com/373420451

https://vimeo.com/373420441

I’m surprised that the company didn’t file the Super 8K on September 23rd. Singer Lewack has a national reputation as a top auditing firm for cannabis companies and must be really putting them through the paces. Hiring this auditor is just another example of why IGNG is a cut above the rest.. anticipating this filing any day now.

barchart loves it


https://www.barchart.com/stocks/quotes/IGNG/opinion

Deal closed on July 10th.. plus 75 days is September 23rd (21 days in July, 31 in August and 23 in September gets you there).

I've been following IGNG for some time now and it seems to me that it's almost as compressed as CNWHF was a couple of months ago.