LOS ANGELES and DESERT HOT SPRINGS, Calif., April 04, 2022 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a California canna-biotech company, is announcing today that its Monterey-based “Summit Boys” brand of premiere concentrates are now available on the Blitzdirect.com (“Blitz”) mobile delivery online platform in California. As a result, Grapefruit’s L.A. County customers can have Summit Boys’ top shelf concentrates delivered directly to their doorstep via Blitzdirect.com.
Blitz is a leading California licensed cannabis mobile delivery service and operates within a 30-mile radius of Los Angeles County. Blitz has thoroughly tested Summit Boys’ high-end concentrates including “vanilla runtz diamonds,” “sweeties live sugar,” “sundae driver,” “wedding cake live badders,” and “snowcap diamond sauce,” and has decided to include those concentrates on its mobile delivery service menu going forward.
Bradley Yourist, Grapefruit CEO, stated, “Blitz’s inclusion of Summit Boys’ high-end concentrates on its mobile delivery menu validates their unique flavor profiles and quality, and will significantly our expand our customer base. Yet another step forward for Grapefruit and our Summit Boys brand.”
For additional information about Summit Boys, please visit:
https://www.instagram.com/summitboys/.
To learn more about Grapefruit, please visit our website at:
https://grapefruitblvd.com/investor-relations/
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About Grapefruit
Grapefruit’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 Road, approximately 14 miles north of downtown Palm Springs. To obtain further information on Grapefruit and its operations, please visit the Company’s website at https://grapefruitblvd.com/.
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 Securities and Exchange Commission, including the Company’s Annual Report on Form 10-K, its Quarterly Report on Form 10-Q for the period ended Sept. 30, 2021, and its Registration Statement on Form S-1/A. Such documents may be read free of charge on the SEC’s website at www.sec.gov. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, and Grapefruit undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof. This caution is made under the safe harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995.
Investor Relations Contact:
Bradley Yourist
ir@grapefruitblvd.com
18776 Blue Dream Crossing, Unit LL1 53-07
Desert Hot Springs, California 92240
(760) 205-1382
https://grapefruitblvd.com/
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