Grapefruit USA Inc. (GPFT) Rolls Out Hourglass by Grapefruit in Greater Los Angeles; Poised to Sustain Rapid Growth

  • Grapefruit expands availability of patented Hourglass by Grapefruit(TM) product to Greater Los Angeles area
  • Hourglass is manufactured only at Grapefruit’s Coachillin facility, available only through Grapefruit authorized retailers
  • GPFT achieved robust growth in 2020, poised to continue momentum going forward as demand remains strong

Grapefruit USA (OTCQB: GPFT), a premier fully licensed California-based company, has announced that its patented Hourglass time-release THC+Cannabinoid infused topical delivery cream has been rolled out to additional licensed retail cannabis locations in the Greater Los Angeles area (https://cnw.fm/DruVP). Hourglass is manufactured exclusively at Grapefruit’s Coachillin facility and available only through Grapefruit authorized retailers.

The company has announced that it will provide retail outlet locations as they come online in February as it continues to rapidly expand the number of California retailers that will carry the breakout Hourglass topical cream in the retail market. One of the recent additions includes licensed retail cannabis locations in Greater Los Angeles, California. Since the end of last year, Hourglass has been available to the public at Apothecary420, a well-respected dispensary located in Sherman Oaks, a suburb of Los Angeles.

The company appears focused on rapid expansion as it continues to strengthen its premier brand recognized for high-quality products. In a recent update, the company announced recent developments concerning its patented Hourglass time-release THC+Cannabinoid delivery cream, reporting steady growth in market capitalization trading volumes. GPFT’s market capitalization grew from $11,809,990 on July 27, 2020, when the first major Hourglass project was announced to $30,282,026 at close on Jan. 15, 2021. Trading volume swelled over the same period, reflecting a robust investors’ demand (https://cnw.fm/phA2A).

But the company will not stop there. GPFT believes it can significantly improve this performance by the end of this year as the company grows other divisions and Hourglass capitalizes on the rise in demand for these unique products. Managed by a team of experts with relevant experience and skills to succeed in the competitive marketplace, GPFT leverages cutting-edge science and technology to deliver patented, truly disruptive products transforming the way consumers use the products.

For more information, visit the company’s website at www.GrapefruitBlvd.com.

NOTE TO INVESTORS: The latest news and updates relating to GPFT are available in the company’s newsroom at https://cnw.fm/GPFT

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