Business
Grapefruit USA, Inc. to Commence Manufacture of Exotic Cannabis Concentrates
Grapefruit USA, Inc. to Commence Manufacture of Exotic Cannabis Concentrates.
About this update from Grapefruit Usa Inc.
[{"type":"text","content":"LOS ANGELES and DESERT HOT SPRINGS, CA / ACCESSWIRE / September 21, 2020 / Grapefruit USA, Inc., (OTCQB:GPFT) ("Grapefruit" or the "Company") a fully licensed California based cannabis company, is announcing today an agreement with a well-respected Coachella Valley extraction lab to manufacture premium cannabis concentrates.Bradley J. Yourist, Grapefruit's CEO, stated, "The rapid growth of our premium distribution business has afforded us consistent access to exotic indoor flower and trim ideally suited to be processed into value added high margin concentrates. This new agreement with a Type 7 extraction laboratory in Palm Desert which specializes in the manufacture of premium exotic THC concentrates enables us to economically convert these distribution business by-products into new high margin revenue producing concentrates such as "badder", "sugar sauce", "crumble", "live resin" and "shatter". The agreement allows us to enter the concentrate business without interrupting Grapefruit's Desert Hot Springs laboratory's laser focus on production of "Hourglass by Grapefruit™", our patented, disruptive THC+Cannabinoid time release topical delivery cream. The new line of concentrates will be marketed under the Grapefruit name and wholesaled to other qualified retailers."To learn more about Grapefruit's Hourglass THC + CBD time release cream delivery system please visit our website at:https://grapefruitblvd.com/grapefruits-patented-time-release-thc-patchless-patch-topical-cream/To learn more about Grapefruit, please visit our website at:https://grapefruitblvd.com/investor-relations/Follow us on Facebook, Instagram, LinkedIn and TwitterFacebook | Instagram | LinkedIn | TwitterAbout GRAPEFRUITGrapefruit's corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products in the Golden State. Grapefruit's extraction laboratory and manufacturing and distribution facilities are located in the industry recognized Coachillin' Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, located on the extension of North Canyon Rd., approximately 14 miles north of downtown Palm Springs. To obtain further in...