LOS ANGELES, July 06, 2021 (GLOBE NEWSWIRE) — by way of InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Firm”), a premiere California-based hashish and hemp firm, is happy to announce that Captor Capital Corp. (CSE: CPTR.CN; Frankfurt NMVA; Stuttgart NMVA) (“Captor”), which owns eight retail hashish dispensaries from Santa Barbara County to Santa Cruz County, California, will all function GPFT’s Hourglass™ Time Launch THC+CBD Supply Topical Reduction Cream commencing this week.
Captor Capital Corp. is a vertically built-in hashish firm that cultivates, manufactures and distributes leisure and medical marijuana-based merchandise to shoppers at its One Plant retail hashish dispensaries situated in Salinas, Antioch, Atwater, El Sobrante, Lompoc, Goleta, and shortly, Palm Springs, California, and at its Chai Hashish Co. places in Santa Cruz and Castroville, California.
Captor’s settlement to hold Grapefruit’s Hourglass™ supply cream system in its shops is a powerful endorsement that the Hourglass system is a very disruptive supply know-how that’s within the means of essentially altering the best way people can safely ingest THC and different cannabinoids to acquire their distinctive holistic advantages. A easy software of Grapefruit’s Hourglass™ cream is all that’s wanted for Grapefruit’s customers to acquire the full-body entourage results and associated aid of THC and a wide selection of different helpful cannabinoids. Moreover, and most significantly, Grapefruit is the unique licensee of the Z-Pod Xerogel Silica Gel, which powers the Hourglass supply cream system for hashish merchandise in North America. Solely Grapefruit possesses the know-how to fabricate the Hourglass™ time–launch supply cream from the Xerogel Gel, and solely Grapefruit-approved retailers, similar to Captor, can promote the Hourglass™ time-release supply cream in america, Canada and Mexico. Hourglass is the way forward for wholesome hashish supply programs.
Bradley J. Yourist, Grapefruit’s CEO and co-founder, commented, “During the last 15 months, Grapefruit has been hampered from successfully distributing our Hourglass topical aid cream to new retail hashish shops as a result of COVID-19 lockdown. Now that the lockdown is over, GPFT is ready to successfully distribute Hourglass merchandise all through California. Grapefruit is assured that as we educate licensed hashish retailers in regards to the many advantages of the Hourglass time-release supply system, we can distribute hashish merchandise primarily based on the Hourglass supply system to the various a whole bunch of retail hashish shops all through California over the approaching quarters. We consider the Captor deal is simply the beginning of a development that may enable Grapefruit to shortly develop Hourglass model consciousness and Grapefruit revenues. We all know the patented Hourglass time-release topical supply system not solely works successfully however is the best on the earth. We’re excited to speed up the speed at which we ship the Hourglass know-how to our prospects which have demonstrated a urgent want for it!”
To buy Grapefruit’s groundbreaking CBD supply aid cream on-line, please go to: https://hourglassonlinestore.com/
To be taught extra about Grapefruit’s new sustained-release Hourglass™ THC + Cannabinoid Topical Supply Cream, please watch this promotional video:
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Grapefruit’s company headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to each manufacture and distribute hashish merchandise within the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution services are situated within the industry-recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Enterprise Park in Desert Scorching Springs, situated on the extension of North Canyon Street, roughly 14 miles north of downtown Palm Springs. To acquire additional info on Grapefruit and its operations, please go to the Firm’s web site at https://grapefruitblvd.com/.
Protected Harbor Assertion
Grapefruit cautions that any assertion included on this press launch that’s not an outline of historic info is a forward-looking assertion. Many of those forward-looking statements include the phrases “anticipate,” “consider,” “estimate,” “could,” “intend,” “count on” and related expressions. Precise outcomes, efficiency or achievements might differ materially from these contemplated, expressed or implied by the forward-looking statements contained herein. These forward-looking statements are primarily based largely on the expectations of the Firm and are topic to various dangers and uncertainties inherent in Grapefruit’s enterprise, together with, with out limitation: the Firm could not ever receive further funds essential to help its enterprise growth and development plans; and the Firm could not ever obtain the market success to achieve or maintain a worthwhile enterprise. As well as, there are dangers and uncertainties associated to financial recession or terrorist actions, competitors from a lot bigger hashish corporations, surprising prices and delays, potential product legal responsibility claims, and lots of different components. Extra detailed details about Grapefruit and the chance components that will have an effect on the conclusion of forward-looking statements is ready forth within the Firm’s filings with the Securities and Trade Fee, together with the Firm’s Annual Report on Kind 10-Ok, its Quarterly Report on Kind 10-Q for the interval ended Sept. 30, 2020, and its Registration Assertion on Kind S-1/A. Such paperwork could also be learn freed from cost on the SEC’s web site at www.sec.gov. You might be cautioned to not place undue reliance on these forward-looking statements, which converse solely as of the date hereof. All forward-looking statements are certified of their entirety by this cautionary assertion, and Grapefruit undertakes no obligation to revise or replace this press launch to mirror occasions or circumstances after the date hereof. This warning is made beneath the protected harbor provisions of Part 21E of the Non-public Securities Litigation Reform Act of 1995.
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