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Grapefruit USA, Inc. Announces New Strategic Alliance with 6PAK Solutions Canada to Shepherd Grapefruit’s Patented Hourglass™ Time Release THC+CBD Delivery Cream through Health Canada’s Regulatory Requirements
Grapefruit USA, Inc. Announces New Strategic Alliance with 6PAK Solutions Canada to Shepherd Grapefruit’s Patented Hourglass™ Time Release THC+CBD Delivery Cream through Health Canada’s Regulatory Requirements.
About this update from Grapefruit Usa Inc.
[{"type":"text","content":"\n LOS ANGELES and DESERT HOT SPRINGS, Calif., June 28, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere California-based cannabis and hemp company, is pleased to announce it has signed a NDA with and formed a new strategic alliance with 6PAK Solutions Inc., a well-respected Canadian cannabis manufacturer and arm of ATG Pharma Inc., to bring Grapefruit’s patented Hourglass™ Time Release THC+CBD Delivery Topical Relief Cream to market throughout Canada. As part of this new strategic alliance, Grapefruit intends to file a 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 NNCP by Health Canada, Grapefruit intends to launch its Hourglass™ Time Release THC+CBD Delivery Cream across Canada, hopefully, in the third quarter of 2021. The Company believes its Hourglass™ delivery cream system is a truly disruptive delivery 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. Furthermore, and most importantly, Grapefruit is the exclusive licensee of the Z-Pod Xerogel Silica Gel for cannabis products in North America. Only Grapefruit possesses the know-how to manufacture the Hourglass™ time–release delivery cream from the Xerogel Gel and only Grapefruit approved retailers can sell the Hourglass™ time-release delivery cream in the United States, Canada and Mexico. Hourglass is the future of healthy cannabis delivery systems. Bradley J. Yourist, Grapefruit’s CEO and co-founder, commented, “We are very encouraged by 6PAKS’ decision to form an alliance with Grapefruit to take the initial steps toward obtaining Canadian regulatory approval to bring Grapefruit’s patented time-release THC+CBD topical delivery cream to all Canadians. 6PAK Solutions’ experti...