Grapefruit USA Inc. GPFT Archives - Page 3 of 6

ThursdayMay 20, 2021 11:29 am

QualityStocksNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update Regarding Potential Acquisition, Joint Venture with Canadian Partner

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today issued an update to its March 1, 2021, announcement that it had been approached by a Canadian cannabis company to enter into discussions concerning a potential acquisition transaction. The discussions evolved to include development of a memorandum of understanding (“MOU”) setting forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products, including, but not limited to, Grapefruit’s patented disruptive Hourglass(TM) THC/cannabinoid time-release delivery cream throughout Canada. A March 8 announcement indicated that the Canadian partner noticed a special…

ThursdayMay 20, 2021 9:00 am

Grapefruit USA Inc. (GPFT) New Affiliate Program Authorizes Hourglass Resellers, Broadens Market

Affiliate program designed to authorize third-party resellers that meet certain guidelines to market, sell exclusive Grapefruit products Program will maximize, facilitate distribution of GPFT’s THC-free, hemp-derived CBD Hourglass-powered products Grapefruit’s program also provides invaluable product training and information On the heels of unveiling its new e-commerce store, Grapefruit USA (OTCQB: GPFT) added to the excitement by announcing a new affiliate program. The program is designed to authorize third-party resellers that meet certain guidelines to market and sell the company’s proprietary THC-free, hemp-derived CBD Hourglass(TM)-powered products (https://ibn.fm/rKKv7). “[Recently] Grapefruit launched a new Affiliate Program to maximize and facilitate distribution of our…

TuesdayMay 18, 2021 1:17 pm

Grapefruit USA Inc. (GPFT) Unveils New ‘One-Stop Shop’ for Hourglass-Powered Products

In 2020, more than 2 billion people purchased goods or services online; e-retail sales surpassed $4.2 trillion worldwide New online portal features GPFT’s exclusive line of THC-free, hemp-derived CBD products New website allows approved affiliates to sign up to market Hourglass products through their own Grapefruit-approved channels and platforms According to a recent report from Statista, the retail industry has undergone a transformation, with e-commerce becoming indispensable to a company’s survival (https://ibn.fm/qsJ1U). In that light, the timing appears to be ideal as Grapefruit USA (OTCQB: GPFT) launches its worldwide e-commerce website, www.HourglassOnlineStore.com. The online portal features the company’s exclusive line of…

TuesdayMay 18, 2021 10:29 am

QualityStocksNewsBreaks – Grapefruit USA Inc.’s (GPFT) New CBD Hourglass E-Commerce Store Now Accepting Crypto Payments

Grapefruit USA (OTCQB: GPFT), a diversified California-based cannabis and hemp company, today announced it has commenced accepting cryptocurrency as payment at its recently launched e-commerce store. Grapefruit’s customers who prefer to use Bitcoin, Ether, Bitcoin Cash, Litecoin, Dogecoin or Monero will now have the option to “convert” their crypto of choice at checkout to make purchases. “Grapefruit’s THC-free hemp-derived CBD Hourglass technology-driven products, just like cryptocurrencies and the blockchain, are the future, and Grapefruit’s acceptance of crypto as payment demonstrates GPFT’s outreach to the explosively growing demographic of crypto early adopters and other ‘younger’ buyers who also seek the holistic…

MondayMay 17, 2021 1:04 pm

QualityStocksNewsBreaks – Grapefruit USA Inc. (GPFT) Able to Tailor Hourglass (TM) to Specific Needs

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, has, through its patented Hourglass(TM) topical cream, solved the challenge of skin absorption of THC and other cannabinoids, including CBD, CBN, CBG, and CBC. The cream also offers additional benefits. “The architecture of Hourglass gives the company the ability to formulate endless variations of its topical delivery cream to tailor to the specific needs of its clientele,” reads a recent article. “Hourglass is manufactured exclusively at Grapefruit’s Coachillin’ facility by highly trained Grapefruit personnel and is available to the public only through Grapefruit authorized…

ThursdayMay 13, 2021 12:53 pm

Grapefruit USA Inc. (GPFT) Releases FY2020 Financial Report, Notes 714% Revenue Growth

Company announces renegotiation of $4.2 million of convertible notes Report shows net revenues of $3,672,353 for the year ended Dec. 31, 2020, an increase of $3,221,157 over 2010 revenues GPFT looks forward to growing distribution business, ushering in the age of Hourglass After spending the last six weeks renegotiating key terms of an estimated $4.2 million of convertible notes, Grapefruit USA (OTCQB: GPFT) announced its financial results for fiscal year 2020, the period ended Dec. 31, 2020 (https://ibn.fm/ZxUxa). In addition to the restructure of the convertible debt, a highlight of the report in was the company’s 714% year-over-year revenue growth.…

MondayMay 10, 2021 10:34 am

QualityStocksNewsBreaks – Grapefruit USA Inc. (GPFT) Launches New Affiliate Program to Increase Availability, Enhance Hourglass Brand Awareness

Grapefruit USA (OTCQB: GPFT), a diversified California based cannabis and hemp company, today announced its new Affiliate Program, which will complement its new e-commerce store. The program is designed to facilitate the ability of approved and authorized third-party resellers with existing online retail platforms to market and sell Grapefruit’s THC-free hemp-derived CBD Hourglass powered products. “Last weekend Grapefruit launched a new Affiliate Program to maximize and facilitate distribution of our THC-free hemp-derived CBD Hourglass powered products,” said Bradley Yourist, CEO of Grapefruit USA. “We feel the new Affiliate Program will allow Grapefruit to rapidly increase public availability of our THC-free…

TuesdayMay 04, 2021 12:58 pm

QualityStocksNewsBreaks – Grapefruit USA Inc. (GPFT) Unveils Barrier-Free Line of Hemp-Derived CBD Products

Grapefruit USA (OTCQB: GPFT), a fully licensed premier manufacturer and distributor in the legal cannabis marketplace, recently launched a new U.S. e-commerce website to serve as the online home for its growing portfolio of Hourglass(TM) CBD product lines. “Grapefruit is gratified and proud to offer our U.S. and international customers a convenient, one-stop shop to purchase our hemp CBD-only-derived versions of Hourglass time-release delivery cream powered products,” said Grapefruit CEO Bradley J. Yourist. He noted that the company’s original Hourglass technology-based products contained THC and, therefore, could not be sold across state lines or internationally. “No such federal legal barrier…

FridayApr 30, 2021 9:53 am

QualityStocksNewsBreaks – Grapefruit USA Inc. (GPFT) Launches New E-Commerce Store Featuring Hourglass(TM)-Powered Hemp-Derived CBD Products

Grapefruit USA (OTCQB: GPFT), a diversified California based cannabis and hemp company, today announced 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(TM) time release delivery cream. “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,” said Grapefruit CEO Bradley Yourist. “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…

TuesdayApr 27, 2021 10:07 am

Grapefruit USA Inc. (GPFT) Newest Member of Board of Directors Brings Rich Media, Digital Marketing Experience

Media, marketing veteran joins GPFT board of directors Sharon Boddie has been a pioneer in both traditional and online media, says company CEO Boddie brings more than two decades of broad experience leading Fortune 500 media campaigns Grapefruit USA (OTCQB: GPFT) has announced an addition to its board of directors. Effective immediately, Sharon Boddie will join the board, bringing her extensive background in global media and digital marketing roles to the board table (https://ibn.fm/PSWrW). “As head of media for Amazon Studios and Prime Video, Sharon has been a pioneer in both traditional and online media,” said Grapefruit CEO Bradley Yourist.…

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