Grapefruit USA Inc (GPFT)

[BefallenKnight]

Several Problems with This
1. Transcanna is Canadian. How are they going to supply a California based concentrate producer with raw cannabis to process into concentrates? Not only is there a major oversupply of cannabis in CA from which would be cheaper and easier to acquire, but importing from other countries, much less even states is not legal.
2. Summit Boys are not operating due to Prop 215! That proposition was passed in 1996 to allow for medical marijuana. It was SB 420 (yes 420;) that allowed for dispensaries in 2003. Then in 2018 it was Prop ?? (can’t remember the #) that allowed for recreational sales and use.
3. Summit Boys are not that well known in CA. Jungle Boys, yes….Summit Boys not so much. Analyzing customer base off IG followers is pretty silly considering for $100 you can but about 10,000 “followers” aka Bots.

This “news” is specious at best, but probably nothing. Grapefruit is garbage run by the Yourist hucksters. Typical penny stock trend scam that floats from “business plan” to new business plan when the previous trend is worn thin