Grapefruit USA Inc (GPFT)

[mr_sano]

“Due to complications beyond our control with our former licensed cannabis testing lab partner, CannaSafe, the Company was significantly delayed in its efforts to sell Hourglass into the retail marketplace. The Bureau of Cannabis Control shut down CannaSafe for issues that has nothing to do with the Company. However, CannaSafe was in the process of final regulatory testing for Hourglass when it was shut down. This, in turn, delayed our efforts and timeline to bring Hourglass to the retail marketplace. The Company was ultimately forced to seek out a new State Certified Laboratory and then had to start from ground zero working with the new laboratory’s science team to train them to properly test the Hourglass cream.”