As part of this new strategic alliance, Grapefruit will file its Notice of New Cannabis Product, or “NNCP,” with
The Company believes its Hourglass™ delivery cream system is a truly disruptive technology that has fundamentally changed the way humans can ingest THC and other cannabinoids to obtain their unique holistic benefits. A simple application of Grapefruit’s Hourglass™ cream is all that is needed for Grapefruit’s users to obtain the full-body entourage effects and related relief of THC and a wide array of other beneficial cannabinoids. This can eliminate the necessity for cannabis users to engage in the proven unhealthy activities of smoking cannabis flowers or extracts and/or consuming edibles. The disruptive Hourglass delivery system enables humans, for the first time, to effectively ingest a variety of cannabis products in an exclusively healthy fashion.
Furthermore, and most importantly, Grapefruit has been the exclusive licensee of the Z-Pod Xerogel Silica Gel for cannabis products in
Finally, HourglassTM enables people to enjoy the many benefits of cannabis-based products without suffering the harmful negative side effects of smoking flowers or extracts and/or consuming edibles. Simply put, Hourglass is the standard for healthy cannabis delivery.
“With our strong roots in the Canadian market and service-focused approach, we are proud to move forward with Grapefruit so they can take advantage of our platform to bring Hourglass and its innovative THC+CBD topical cream to the Canadian consumer,” commented
Yourist went on to remind the public: “Grapefruit would also like to eliminate any potential confusion among our shareholders and the investing public by emphasizing that the strategic alliance discussed in this press release is completely independent of our previously announced discussions concerning an acquisition transaction and/or joint venture with a separate and distinct Canadian partner. Those discussions continue to proceed separately from the 6PAK NNCP initiative, and the Company will report on developments in that arena in real time.”
To purchase Grapefruit’s groundbreaking CBD delivery relief cream (outside of
To learn more about Grapefruit’s new sustained-release Hourglass™ THC + Cannabinoid Topical Delivery Cream, please watch this promotional video: https://www.youtube.com/watch?v=6cU9MJMgH1w&feature=youtu.be
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About Grapefruit
Grapefruit’s corporate headquarters is in
Safe Harbor Statement
Grapefruit cautions that any statement included in this press release that is not a description of historical facts is a forward-looking statement. Many of these forward-looking statements contain the words "anticipate," "believe," "estimate," "may," "intend," "expect" and similar expressions. Actual results, performance or achievements could differ materially from those contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are based largely on the expectations of the Company and are subject to a number of risks and uncertainties inherent in Grapefruit’s business, including, without limitation: the Company may not ever obtain additional funds necessary to support its business development and growth plans; and the Company may not ever achieve the market success to reach or sustain a profitable business. In addition, there are risks and uncertainties related to economic recession or terrorist actions, competition from much larger cannabis companies, unexpected costs and delays, potential product liability claims and many other factors. More detailed information about Grapefruit and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s filings with the
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