Item 1.01 Entry into Material Definitive Agreements

On October 7, 2021, the Company entered into a Collaboration Agreement with Canadian companies 6PAK Solutions Inc. and Medz Cannabis, Inc., 6PAK's partner and license holder, to bring Grapefruit's patented Hourglass™ Time Release THC+CBD Delivery Topical Relief Cream to market throughout Canada. Under the agreement, Grapefruit will file its Notice of New Cannabis Product, or "NNCP," with Health Canada detailing the Hourglass production process, including integration of the patented Z-Pod Xerogel Silica Gel technology into the Hourglass topical delivery cream system. Upon approval of the Hourglass NNCP by Health Canada, Grapefruit intends to launch multiple products that incorporate its patented Hourglass™ Time Release THC+CBD Delivery Cream across Canada. Additionally, Medz Cannabis will act as Grapefruit's licensed Canadian distributor and will obtain wide distribution and approval of cannabis products incorporating Grapefruit's Hourglass™ throughout Canada.





Item 9.01 Exhibits

Exhibit 1.01 Collaboration Agreement



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