LOS ANGELES and DESERT HOT SPRINGS, Calif., May 10, 2021 (GLOBE NEWSWIRE) — through InvestorWire – Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a diversified California primarily based hashish and hemp firm, right this moment declares its new Affiliate Program which is able to complement its new E-Commerce Store at: https://hourglassonlinestore.com/affiliates/. The new Affiliate Program is designed to facilitate the flexibility of authorized and licensed third occasion resellers with current on-line retail platforms to market and promote Grapefruit’s THC-free hemp derived CBD Hourglass powered merchandise. According to Statista1, the U.S. online marketing spend is because of attain $8.2 billion USD by 2022, up from $5.4 billion recorded in 2017. “Last weekend Grapefruit launched a brand new Affiliate Program to maximise and facilitate distribution of our THC-free hemp derived CBD Hourglass powered merchandise,” Bradley Yourist, CEO, commented. “We really feel the brand new Affiliate Program will enable Grapefruit to quickly improve public availability of our THC-free hemp derived CBD product strains and improve Hourglass model consciousness throughout the U.S. and internationally. The public will solely be capable to purchase the vastly superior patented Hourglass time-release hemp-based CBD topical cream-based merchandise from Grapefruit and/or its licensed brokers and affiliate resellers. Affiliates will change into educated about Grapefruit’s hashish plant-based merchandise, tradition and model and be ready to distribute Grapefruit’s THC merchandise as quickly as they change into authorized in an associates’ state of residence or hashish turns into federally authorized as is being strongly advocated by Senate majority chief Chuck Schumer.” Grapefruit is dedicated to promoting solely the highest-quality, independently examined and dependable hashish and hemp merchandise, and can make no claims except clinically validated. All of Grapefruit’s THC free hemp-derived CBD-based merchandise to be marketed and offered on the brand new e-commerce web site will likely be totally examined and embody a QR coded Certificate of Analysis, which is able to present customers with an entire listing of third-party verified substances certifying every product’s cannabinoid content material, purity and security. To study extra in regards to the new Grapefruit Affiliate Program, please go to:https://hourglassonlinestore.com/affiliates/ To study extra in regards to the new e-commerce retailer, please go to:https://hourglassonlinestore.com/ To study extra about Grapefruit, please go to Investor Brank Network:https://www.investorbrandnetwork.com/clients/grapefruit-usa-inc/ To study extra about Grapefruit’s new sustained-release Hourglass™ THC + Cannabinoid Topical Delivery Cream, please watch this promotional video https://www.youtube.com/watch?v=6cU9MJMgH1w&feature=youtu.be and go to our web site at:https://grapefruitblvd.com/hourglass/ To study extra about Grapefruit, please go to our web site at:https://grapefruitblvd.com/investor-relations/ Follow us on Facebook, Instagram, LinkedIn and TwitterFacebook | Instagram | LinkedIn | Twitter About GRAPEFRUIT Grapefruit’s company headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to each manufacture and distribute hashish merchandise in the Golden State. Grapefruit’s extraction laboratory and manufacturing and distribution amenities are positioned in the trade acknowledged Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, positioned on the extension of North Canyon Rd., roughly 14 miles north of downtown Palm Springs. To receive additional data on Grapefruit and its operations, please go to its web site at https://grapefruitblvd.com/. Safe Harbor Statement Grapefruit cautions you that any assertion included in this press launch that isn’t an outline of historic details is a forward-looking assertion. Many of those forward-looking statements comprise the phrases “anticipate,” “imagine,” “estimate,” “could” “intend,” “count on” and comparable expressions. Actual outcomes, efficiency or achievements may 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 corporate and are topic to quite a few dangers and uncertainties inherent in Grapefruit’s enterprise, together with, with out limitation: the corporate could not ever receive extra funds essential to assist its enterprise improvement and progress plans; and the corporate could not ever obtain the market success to succeed in or maintain a worthwhile enterprise. In addition, there are dangers and uncertainties associated to financial recession or terrorist actions, competitors from a lot bigger hashish corporations, sudden prices and delays, potential product legal responsibility claims, and plenty of different elements. More detailed details about Grapefruit and the danger elements which will have an effect on the conclusion of forward-looking statements is about forth in the Company’s filings with the Securities and Exchange Commission, together with the corporate’s Annual Report on Form 10-Okay, its Quarterly Report on Form 10-Okay for the interval ended December 31, 2020 and its Registration Statement on Form S-1/A. Such paperwork could also be learn freed from cost on the SEC’s web site at www.sec.gov. You are 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 in their entirety by this cautionary assertion, and Grapefruit undertakes no obligation to revise or replace this press launch to replicate occasions or circumstances after the date hereof. This warning is made beneath the protected harbor provisions of Section 21E of the Private Securities Litigation Reform Act of 1995. *The statements made concerning these merchandise haven’t been evaluated by the Food and Drug Administration. The efficacy of those merchandise has not been confirmed by FDA-approved analysis. These merchandise will not be supposed to diagnose, deal with, remedy or forestall any illness. All data offered right here isn’t meant as an alternative to or different to data from healthcare practitioners. Please seek the advice of your healthcare skilled about potential interactions or different attainable problems earlier than utilizing any product. The Federal Food, Drug, and Cosmetic Act requires this discover. Investor Relations Contact:Bradley [email protected] Blue Dream Crossing, Unit LL1 53-07Desert Hot Springs, California 92240(760) 205-1382 https://grapefruitblvd.com/ Please bear in mind that our social media accounts can be utilized now and again for extra materials occasions. They could be discovered right here: Grapefruit USA:Facebook: https://www.facebook.com/Grapefruit-Boulevard-2304698596251925/Instagram: https://www.instagram.com/grapefruit_usa/Twitter: https://twitter.com/grapefruitusaLinkedIn: https://www.linkedin.com/company/grapefruit-boulevard/Weedmaps: https://weedmaps.com/brands/grapefruit Corporate Communications:InvestorModelNetwork (IBN)Los Angeles, Californiawww.InvestorModelNetwork.com310.299.1717 [email protected] ____________________________ 1 https://www.statista.com/statistics/693438/affiliate-marketing-spending/
Grapefruit Launches New Affiliate Program in Conjunction
