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Re: resx18 post# 58852

Friday, 05/07/2021 1:32:17 PM

Friday, May 07, 2021 1:32:17 PM

Post# of 59551
LOS ANGELES and DESERT HOT SPRINGS, Calif., April 30, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a diversified California-based cannabis and hemp company, today announces the launch of its new worldwide e-commerce website, www.hourglassonlinestore.com, which features the Company’s novel line of THC-free, hemp-derived CBD products powered by its disruptive, patented Hourglass™ time release delivery cream. As a result, for the first time ever, people around the world will have online access to pure, ultra-high-quality, THC-free, hemp-derived CBD products with both the enhanced bioavailability and time-release characteristics afforded by Grapefruit’s Hourglass delivery cream. The only place these Grapefruit-manufactured breakthrough Hourglass products are available is on the new Grapefruit website or through Grapefruit affiliate resellers, who meet Grapefruit’s rigid integrity standards.

Grapefruit’s new e-commerce website will serve as the direct-to-consumer, online home for Grapefruit’s growing portfolio of THC-free, made-in-the-U.S., hemp-derived CBD products and for all future hemp CBD-based products Grapefruit will produce utilizing Grapefruit’s patented bioavailability-increasing, time-release Hourglass topical cream technology.

Grapefruit CEO Bradley Yourist commented, “Our initiative, announced earlier this month, to launch our direct-to-consumer e-commerce store before the end of April 2021 has been accomplished on time and under budget. Grapefruit’s entire team is honored to offer both U.S. and international customers a convenient, one-stop shop to purchase our THC-free, hemp-derived CBD Hourglass time-release delivery cream-powered products.”

“Grapefruit’s new, easy-to-navigate website will allow approved affiliates to sign up to market and sell our THC-free, hemp-derived CBD Hourglass products through their own Grapefruit-approved channels and platforms, which will allow Grapefruit to rapidly increase the availability of our CBD product lines and enhance Hourglass brand awareness. The public will only be able to buy the vastly superior Hourglass-powered, THC-free, hemp-derived Grapefruit CBD products from Grapefruit and/or its authorized agents and affiliate resellers. Only Grapefruit products can provide the significantly superior added bioavailability and time-release properties of the patented Hourglass delivery cream. By analogy, it’s as if Grapefruit was the only company on earth with the right to sell solar panels or electric cars.”

Grapefruit is devoted to selling only high-quality, tested and reliable products and ensuring it makes no claims unless clinically validated. All of Grapefruit’s THC-free, hemp-derived, CBD-based products to be marketed and sold on the new e-commerce website will be thoroughly tested and include a QR coded Certificate of Analysis, which will provide consumers with a complete list of third-party verified ingredients certifying each product’s cannabinoid content, purity and safety.

To learn more about the new e-commerce store, please visit: https://hourglassonlinestore.com/

To learn more about Grapefruit, please visit InvestorBrandNetwork: https://www.investorbrandnetwork.com/clients/grapefruit-usa-inc/

To learn more about Grapefruit’s new sustained-release Hourglass™ THC + Cannabinoid Topical Delivery Cream, please watch this promotional video
and visit our website at: https://grapefruitblvd.com/hourglass/

To learn more about Grapefruit, please visit our website at: https://grapefruitblvd.com/investor-relations/

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