NEW YORK, Aug. 15, 2019 (GLOBE NEWSWIRE) -- via NetworkNewsAudio - Grapefruit Boulevard Investments Inc., a wholly owned subsidiary of Imaging3 (IGNG), today announces the availability of its exclusive audio interview with NetworkNewsAudio (NNA), a NetworkNewsWire (NNW) solution that delivers clients unparalleled visibility, recognition and brand awareness in the investment community.
The interview can be heard at http://nnw.fm/NDXl2.
Grapefruit CEO Bradley Yourist joins NNW’s Stuart Smith in an interview that highlights the Company’s 2019 milestones and key differentiators that mark its unique position in the cannabis marketplace.
“Grapefruit is a fully licensed and compliant manufacturer and distributor of all things cannabis,” Yourist says. Speaking of 2019 milestones, he highlights the Company’s permit and final clearance by the City of Desert Hot Springs for the extraction process. “That was a big milestone for us, to own our own extraction laboratory, to extract cannabinoids from the cannabis plant,” he explains.
Yourist also discusses Grapefruit’s rapidly expanding Sugar Stoned and Rainbow Dreams brands, as well as the Company’s plans to launch proprietary THC and CBD-infused mints by the end of 2019.
The interview then touched on a key differentiator that makes Grapefruit unique in the marketplace.
“The difference between Grapefruit and a lot of other manufacturers is that we actually own and operate our own licensed and permitted extraction laboratory that makes the THC distillate that goes into all of our products,” Yourist says. “A lot of other manufacturers don’t have that advantage. They have to pay retail prices for the oil, and they can’t really control the process behind where it came from and how it was made. So that makes us a little bit more special than the next manufacturer.”
The interview closes with a look at another competitive advantage: Grapefruit’s capability for licensed distribution.
“Grapefruit is a licensed distributor of cannabis products in California,” Yourist says, explaining that manufacturers without distribution licenses are dependent on third parties to sell their products. “So that allows us not only to extract the oil and manufacture the product, but it allows Grapefruit to actually sell directly into the retail market.”
To hear the full interview, visit: http://nnw.fm/NDXl2
Grapefruit’s corporate headquarters is located in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products. Grapefruit’s cannabis and CBD extraction laboratory 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 10 miles north of downtown Palm Springs. Grapefruit obtained its California cannabis licenses in January of 2018 and commenced distribution of cannabis products thereafter. Grapefruit’s vision is to become a seed to sale, fully vertically integrated ethical and compliant cannabis and CBD product Company.
To obtain further information on Grapefruit and its operations, please visit its website at https://grapefruitblvd.com/.
To learn more about Grapefruit’s Sugar Stoned branded line of cannabis and CBD infused edibles, please visit us at https://sugarstoned.com/.
NetworkNewsAudio (NNA) , a NetworkNewsWire (NNW) Solution, allows you to sit back and listen to market updates, CEO interviews and a Company AudioPressRelease (APR). These audio clips provide snapshots of position, opportunity and momentum. NetworkNewsAudio (NNA) can assist your company by cutting through the overload of information in today's market, NNA brings its clients unparalleled visibility, recognition and brand awareness. NetworkNewsWire (NNW) is where news, content and information converge. NetworkNewsWire (NNW) is a comprehensive provider of news aggregation and syndication, enhanced press release services and a full array of social communication solutions. As a multifaceted financial news and distribution company with an extensive team of journalists and writers, NNW has the unparalleled ability to reach a wide audience of investors, consumers, journalists and the general public with an ever-growing distribution network of more than 5,000 key syndication outlets across the nation.
For more information, visit: www.NetworkNewsAudio.com
Safe Harbor Statement
Imaging3 cautions you 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 the Imaging3’s business, including, without limitation: the company may not ever obtain FDA approval for any of its devices; the company may not be able to secure the funds necessary to support its product development plans; and the company may not ever achieve the market success to sustain a profitable business. In addition, there are risks and uncertainties related to economic recession or terrorist actions, competition from much larger imaging companies, technological obsolescence, unexpected costs and delays, potential product liability claims, and many other factors. More detailed information about Imaging3 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 and its Quarterly Report on Form 10-Q. 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 Imaging3 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.