GRAPEFRUIT USA INC - GPFT STOCK NEWS

Grapefruit USA, Inc. (OTCQB: GPFT) has launched an e-commerce store accepting cryptocurrencies for purchases. Customers can now use Bitcoin, Ether, and other digital currencies to buy Grapefruit's THC-free hemp-derived CBD products. CEO Bradley J. Yourist highlighted the company’s commitment to appealing to crypto enthusiasts while providing holistic solutions through its innovative products. Grapefruit ensures quality through independent testing and full ingredient transparency. The company advises potential cryptocurrency investors to conduct thorough research before making investment decisions.

Grapefruit USA, Inc. (OTCQB: GPFT) has launched a new Affiliate Program alongside its E-Commerce Store, designed to boost the marketing and sales of its THC-free hemp-derived CBD products. This venture is expected to enhance brand visibility and accessibility in the market, as noted by CEO Bradley Yourist. The program leverages the growing trend in affiliate marketing, projected to reach $8.2 billion by 2022. Grapefruit emphasizes quality and safety, ensuring thorough testing and certification for its products. More information on the program can be found on their website.

Grapefruit USA, Inc. (OTCQB: GPFT) has launched a new global e-commerce website, www.hourglassonlinestore.com, enabling access to its THC-free, hemp-derived CBD products powered by the patented Hourglass™ delivery cream. The site marks a pivotal step for direct-to-consumer sales, providing a convenient platform for U.S. and international customers. CEO Bradley Yourist noted the project was completed on time and under budget, enhancing brand awareness and availability through approved affiliates. All products are rigorously tested and include QR-coded Certificates of Analysis.

Grapefruit USA reported a remarkable 714% increase in net revenues to $3,672,353 for the year ended Dec. 31, 2020, compared to $451,196 in 2019. This achievement occurred despite challenges posed by a global pandemic. The company successfully renegotiated $4.2 million in convertible notes, eliminating a potential $40 million non-cash loss for the same period. Looking ahead, Grapefruit is set to launch its retail hemp-derived CBD website and is optimistic about future growth, driven by its innovative Hourglass product line.

Grapefruit USA (OTCQB: GPFT) has announced the launch of its new U.S. e-commerce website set for April 2021. The site will feature its patented Hourglass™ time-release delivery cream, now available in hemp CBD-only formulations, expanding its accessibility across state lines and internationally. This move positions Grapefruit uniquely in the competitive CBD market, where federally legal hemp-derived products are limited. The company emphasizes high product quality, with a Certificate of Analysis accessible via QR codes for transparency.

Grapefruit USA (OTCQB: GPFT) announces the appointment of Sharon Boddie to its Board of Directors, effective immediately. Boddie brings over 20 years of experience in media and digital marketing from notable companies like Amazon and Apple. As the Head of Media for Amazon Studios, she led successful campaigns for major films. The company's CEO and COO expressed optimism that Boddie's expertise in strategic marketing will enhance Grapefruit's global presence and brand outreach. Boddie is excited to contribute to Grapefruit's innovative Hourglass technology.

Grapefruit USA, Inc. (OTCQB: GPFT) has achieved a significant milestone in its Hourglass™ time-release THC+ cannabinoid delivery cream by reducing the mean particle size of THC/CBD-infused particles from approximately 33.1 microns to 8.2 microns. This advancement significantly enhances the bioavailability of the cream's active ingredients. CEO Bradley Yourist emphasized the commitment to improving product quality for consumers and noted ongoing adaptations to its manufacturing protocols for a new hemp-derived CBD cream, aiming for unmatched consistency and technology.

Grapefruit USA (OTCQB: GPFT) announces the availability of its Hourglass™ time release THC+ Cannabinoid delivery cream on Crown Genetics' online platform, expanding product access in California. The delivery service allows Los Angeles County residents to receive Hourglass™ directly at home. Additionally, it will be stocked at over 250 retail dispensaries serviced by Crown. CEO Bradley Yourist views this as a milestone for Grapefruit, enhancing revenue potential and brand visibility. The innovative Hourglass™ technology addresses skin absorption challenges, promising predictable cannabinoid delivery.

Grapefruit USA, Inc. (OTCQB: GPFT) has signed a digital services consulting agreement with Roger Choudhury and his Business Financial Network (BFN). The collaboration includes creating tailored video presentations focusing on Grapefruit’s innovative products, particularly its Hourglass time-release THC delivery cream. BFN will provide updates and interviews at least three times a month, enhancing communication with shareholders and cannabis consumers. CEO Bradley J. Yourist emphasized that this partnership aims to boost Grapefruit's info flow amidst increasing consumer interest.