Author: CannabisNewsWire (CNW)

About CannabisNewsWire CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge. To receive SMS text alerts from CannabisNewsWire, text “CANNABIS” to 21000 (U.S. Mobile Phones Only) For more information please visit https://www.CannabisNewsWire.com Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

CannabisNewsBreaks – The Green Organic Dutchman Holdings Ltd. (TSX: TGOD) (OTCQX: TGODF) Accelerate Shipments to Meet Demand for Premium Organic Cannabis Following Ontario Launch

Cannabis-focused research and development company The Green Organic Dutchman Holdings (TSX: TGOD) (OTCQX: TGODF), a leading producer of premium certified organic cannabis, today announced that initial demand has exceeded expectations following its August launch in Ontario, which marked the company’s entrance into Canada’s recreational market. Per the update, TGOD’s Unite Organic, a high-THC signature strain, is performing well online and at dispensaries and triggering a second OCS order earlier than initially anticipated. “We are thrilled to witness such strong sales and positive feedback from retailers and consumers across Ontario, Canada’s most populous province at 14.32 million people.  We can see from the initial response that demand for high-quality flower is strong,” TGOD CEO Brian Athaide said in the news release. “Our team is working hard to ramp up production of our premium organic products as we get ready to expand distribution with additional strains and product forms as well as to other provinces in the months ahead.  With our Hamilton hybrid greenhouse completed, and a second one nearing completion in Valleyfield, we are on track to distribute nationally early next year.”

To view the full press release, visit http://cnw.fm/7T2sR

About the Green Organic Dutchman Holdings Ltd.

The Green Organic Dutchman Holdings is a publicly traded, premium global organic cannabis company with operations focused on medical cannabis markets in Canada, Europe, the Caribbean and Latin America, as well as the Canadian adult-use market. TGOD also has organic hemp CBD oil operations in Canada, and through its wholly-owned subsidiary HemPoland distributes premium hemp CBD oil in EU. The company grows high-quality, certified organic cannabis with sustainable, all-natural principles. TGOD’s products are laboratory tested to ensure patients have access to a standardized, safe and consistent product. TGOD has a planned global capacity of 219,000 kgs. and is building 1,643,600 square feet of cultivation and processing facilities across Ontario, Quebec, Jamaica and Denmark. For more information, visit the company’s website at www.TGOD.ca.

NOTE TO INVESTORS: The latest news and updates relating to TGODF are available in the company’s newsroom at http://cnw.fm/TGOD

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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CBDNewsBreaks – Nabis Holdings Inc. (CSE: NAB) (OTC: NABIF) (FRA: A2PL) Launches New Exclusive CBD Brand

Nabis Holdings (CSE: NAB) (OTC: NABIF) (FRA: A2PL), a leading Canadian investment company with specialty investments in assets across multiple divisions of the cannabis sector, today announced the launch of its new exclusive brand of cannabidiol (“CBD”) product lines: BIS (“Be In Synergy”). According to the update, the mission to develop innovative, high quality, efficient and safe consumer products through unique formulations and technologies that optimize the use and effects of cannabis drove creation of the new brand. “Nabis has always been dedicated to the development and distribution of only the highest quality products,” Nabis CEO and Director Shay Shnet said in the news release. “Our creation of the BIS brand of CBD products reflect our commitment to excellence and consumer satisfaction. As we continue to expand the BIS brand, we are excited to present an elegant product line that we believe will fill a demand that has remained unmet in the cannabis and CBD industry until now.”

To view the full press release, visit http://cnw.fm/2QguS

About Nabis Holdings Inc.

Nabis Holdings is a Canadian investment issuer that invests in high-quality, cash-flowing assets across multiple industries, including real property, securities, cryptocurrency, and all aspects of the U.S. and international cannabis sector. Led by two of the co-founders of MPX Bioceutical, one of the largest takeovers in the U.S. cannabis space to date, the company has a proven track record in emerging markets to create significant shareholder value. The company is focused on investing across the entire vertically integrated aspects of the space with a focus on revenue generation, EBITDA and growth. For more information, please visit www.NabisHoldings.com.

NOTE TO INVESTORS: The latest news and updates relating to NABIF are available in the company’s newsroom at http://cnw.fm/NABIF

About CBDWire

CBDWire (CBDW) is a specialized information provider focused on (1) reporting CBD-related news and updates, (2) releasing CBDNewsBreaks crafted to keep investors abreast of the latest and greatest in the CBD market, (3) refining and enhancing corporate press releases, (4) delivering end-to-end distribution and social media services to client-partners and (5) constructing effective corporate communication solutions based on the unique requirements of CBD companies. CBDW is exclusively positioned in the burgeoning CBD sector with a proven team of journalists and researchers working to deliver high quality content to an expansive target audience of investors, consumers and industry news outlets. Our dissemination network of over 5,000 downstream distribution points allows us to deliver unparalleled reach, visibility and recognition to companies operating in both cannabidiol and the wider cannabis space. CBDWire (CBDW) is where CBD news, content and information converge.

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CannabisNewsBreaks – Plus Products Inc. (CSE: PLUS) (OTCQB: PLPRF) Enters Agreement for Debt Private Placement

Plus Products (CSE: PLUS) (OTCQB: PLPRF), a leading cannabis branded products company in California, on Wednesday announced its entry into an agreement with a certain arm’s length party with respect to the settlement of USD$1,044,806.03 owing or to be owing to such creditor for services rendered. Plus Products has agreed, as payment in full of such amount, to issue to the creditor or its assignee 318,471 units of the company, each at a deemed price of CAD$4.32. Each unit consists of one subordinate voting share in the capital of the company and one warrant. Until five years from the date of the grant, each warrant will entitle the holder to subscribe for one additional share at a price of CAD$4.32 per share.

To view the full press release, visit http://cnw.fm/cQah2

About Plus Products Inc.

Plus Products is a California edibles company focused on using nature to bring balance to consumers lives. PLUS’s mission is to make cannabis safe and approachable; that mission begins with high-quality products that deliver consistent consumer experiences. PLUS Gummies and PLUS Mints are manufactured at PLUS’s own factory in Adelanto, California, with strict internal and external testing to ensure accurate consistent dosage. PLUS is headquartered in San Mateo, California, with 80 employees. For more information, visit the company’s website at www.PlusProducts.com.

NOTE TO INVESTORS: The latest news and updates relating to PLPRF are available in the company’s newsroom at http://cnw.fm/PLUS

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CanadianCannabisWire.com

Please see full terms of use and disclaimers on the CanadianCannabisWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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CannabisNewsBreaks – SinglePoint, Inc. (SING) Investee Develops Groundbreaking Cannabis Oil Filling System

Technology and investment company SinglePoint (OTCQB: SING) and Jacksam Corp. (OTCQB: JKSM), which does business under the moniker Convectium, were recently featured in an article by CFN Media titled, ‘SinglePoint and Convectium: Investing in Cannabis Packaging Speed’. Per the article, Convectium has developed a first-of-its-kind cannabis oil filling system and proprietary packaging systems that can fill between 6,000-12,000 oil cartridges an hour, compared to the average of about 75 per hour when filled by hand. SING was a lead investor in Convectium and was able to secure a considerable interest before the company went public and significantly increased in value.

To view the full press release, visit http://cnw.fm/VhL2L

About SinglePoint, Inc.

SinglePoint, Inc. is a technology and investment company with a focus on acquiring companies that will benefit from the injection of growth capital and technology integration. The company portfolio includes mobile payments, ancillary cannabis services and blockchain solutions. Through acquisitions into horizontal markets, SinglePoint is building its portfolio by acquiring an interest in undervalued companies, thereby providing a rich, diversified holding base. Through SingleSeed, the company is providing products and services to the cannabis industry. For more information, visit the company’s website at www.SinglePoint.com.

NOTE TO INVESTORS: The latest news and updates relating to SING are available in the company’s newsroom at http://cnw.fm/SING

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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Please see full terms of use and disclaimers on the CannabisNewsWire website applicable to all content provided by CNW, wherever published or re-published: http://CNW.fm/Disclaimer

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420 with CNW – Former FDA Boss Hints Marijuana Legalization Is Necessary for Public Health Reasons

The former head of the FDA has said that the conflict between the federal and state marijuana laws has created regulatory gaps which have given chance to tainted or substandard products to enter the market, resulting in the fatal lung injuries that have been reported recently. He hinted that federal action could put an end to this problem.

In a series of tweets, Scott Gottlieb said that the permissive marijuana laws of different U.S. states cause him a lot of worry since they give adults unfettered access to recreational marijuana and yet there are no federal regulations to oversee the production and manufacture of those marijuana products.

In tweets over the weekend, Dr. Gottlieb admitted that illicit vape cartridges, including those that may contain CBD and THC, seem to be behind the spate of lung problems that have so far killed five people and injured hundreds more across the country.

Experts are of the view that those vape cartridges may have contained ingredients not sanctioned for use in vape products (vitamin E acetate, for example) and those ingredients become deadly when they are inhaled.

In a TV appearance, the former FDA commissioner said that states legalize recreational marijuana when they don’t have the capacity to regulate the industry properly, while the federal government which has this needed capacity remains aloof since marijuana is a controlled substance. And when problems arise, states blame the federal government for those problems.

Gottlieb hinted that there is a need for the federal government to rethink its position on marijuana so that it can be possible for legitimate entities that wish to conduct research on the substance to do so.

Without saying marijuana should be federally legalized, Gottlieb’s statement about the need for federal oversight suggests as much because the FDA can only oversee an industry that is legal under federal law.

He also said that under the current legal regime, the FDA may be unable to regulate any vape pens that aren’t intended to be used by the tobacco industry. Making the necessary change would require congressional action, he added.

It appears as though the country is at the same point that it was decades ago just before the prohibition of alcohol ended. At that time, people died after consuming tainted alcohol sold on the black market, and a decision was made to legalize alcohol so that the industry could be legalized. Could the injuries and fatalities attributed to illegal vape cartridges be likely to result in the federal legalization of marijuana?

Analysts aren’t sure that industry players like Lexaria Bioscience Corp. (CSE: LXX) (OTCQX: LXRP) and Marijuana Company of America (OTCQB: MCOAD) can answer that question in the affirmative.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

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420 with CNW – Feds Say Researchers Should Access Marijuana from Licensed Dispensaries

In their reply to a letter written by Sen. Brian Schatz (D-HI), the Food and Drug Administration (FDA) and the National Institutes for Health (NIH) wrote that researchers should be allowed to access marijuana from licensed dispensaries in states where marijuana is legal instead of being compelled to rely on the single source licensed by the federal government.

In that same letter, the federal agencies discussed how the prohibition of marijuana at the federal level was limiting marijuana research. These limitations include the quality and diversity of research-grade marijuana.

Studies have revealed that the marijuana grown at the only federally licensed facility at the University of Mississippi is closer to industrial hemp than to the marijuana which is readily available in states which have legalized the substance.

The federal agencies say that this discrepancy creates gaps in the way the government and the scientific community understand marijuana products.

The letter from NIH and the FDA comes in response to a letter that was written by Schatz in March asking the agencies about the research agenda they had, their take on what the federal prohibition of marijuana was having on easing marijuana research, and what they thought should be done to make the validity and quality of marijuana research better.

Schatz’s letter was written when Dr. Scott Gottlieb was still the commissioner of the FDA, but the reply had the signature of Norman Sharpless since Gottlieb was no longer at the agency.

The heads of the two federal health agencies discussed at length what their organizations had done and was continuing to do in support of cannabis research, then they proceeded to state that they agree with Schatz that more research should be done. Some of the ongoing clinical studies that they cited included research into how the marijuana laws of states contribute to or influence the use of opioids within those jurisdictions.

NIH and the FDA then pointed out that the federal restrictions, such as having only one licensed supplier of research-grade cannabis, were making it hard for the necessary cannabis research to be done.

The agencies were of the view that any entity with a Schedule 1 license should be free to access marijuana from the licensed dispensaries and retail outlets in states where marijuana is legal so that the research that they conduct is more reflective of the products that consumers use today.

These statements about allowing researchers to access marijuana from licensed dispensaries made all the more sense given that the head of the Mississippi University farm currently supplying all the marijuana used for research is reported to have said that marijuana with an 8 percent THC potency was strong enough and he didn’t see why people needed anything stronger. It was as though he didn’t know that the marijuana on the market can have as much as 25 percent THC!

Analysts think industry participants like HTC Extraction Systems (TSX.V: HTC) and IONIC Brands Corp. (CSE: IONC) (OTC: IONKF) must be wishing that the NIH and the FDA convert their words into actions so that some of the headaches faced by the marijuana industry can come to an end.

About CNW420

CNW420 spotlights the latest developments in the rapidly evolving cannabis industry through the release of two informative articles each business day. Our concise, informative content serves as a gateway for investors interested in the legalized cannabis sector and provides updates on how regulatory developments may impact financial markets. Articles are released each business day at 4:20 a.m. and 4:20 p.m. Eastern – our tribute to the time synonymous with cannabis culture. If marijuana and the burgeoning industry surrounding it are on your radar, CNW420 is for you! Check back daily to stay up-to-date on the latest milestones in the fast -changing world of cannabis.

To receive instant SMS alerts, text CANNABIS to 21000 (U.S. Mobile Phones Only)

For more information please visit https://www.CNW420.com

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HempNewsBreaks – Geyser Brands Inc.’s (TSX.V: GYSR) NanoFusion Technology Provides Competitive Edge

Geyser Brands (TSX.V: GYSR) has developed its proprietary NanoFusion advanced delivery-system technology using natural materials to improve the transportation and delivery of active ingredients. Geyser’s NanoFusion is currently the only natural nanoemulsion on the market featuring no solvents or inflammatory agents. A recent article discussing the company reads, “Apart from ensuring a high level of bioavailability, the NanoFusion technology also increases the shelf life of cannabis products. In addition, it makes it possible for consumers to rely on lower doses to obtain optimal therapeutic benefits from a product. . . . All of the products featured in Geyser’s diversified portfolio are based on NanoFusion technology. This means that the products have shown to be both reliable and capable of delivering consistent benefits to consumers.”

To view the full article, visit http://cnw.fm/1s0IC

About Geyser Brands Inc.

Geyser Brand builds health-based, hemp-CBD consumer products in the nutraceutical, cosmetics, food & beverage and pet sectors worldwide. Geyser Brands owns a Health Canada-approved Licensed Producer (“LP”) in Port Coquitlam, British Columbia, that holds cultivation and processing licenses and is anticipating its R&D and sales licenses. Geyser Brands will utilize its GMP-licensed facilities in British Columbia for the manufacturing and distribution of its hemp and CBD-based products internationally. For more information, visit the company’s website at www.GeyserBrands.com.

NOTE TO INVESTORS: The latest news and updates relating to GYSR are available in the company’s newsroom at http://cnw.fm/GYSR

About HempWireNews

HempWireNews (HWN) is a dedicated information provider focused on (1) aggregating hemp-related news, (2) issuing HempNewsBreaks designed to update investors on the latest developments in the hemp market, (3) enhancing corporate news releases, (4) providing full-service distribution and social media offerings to public and private client-partners and (5) designing and implementing all-inclusive corporate communication solutions. HNW is strategically positioned within the rapidly expanding hemp sector with a team of journalists working to help a growing roster of public and private companies reach a wide audience of investors, consumers and members of the media. We leverage a vast network of more than 5,000 key syndication outlets to deliver unparalleled visibility, recognition and content to the hemp industry. HempWireNews (HWN) is where HEMP news, content and information converge.

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CannabisNewsBreaks – CannabisNewsWire Generating Buzz as Gold Sponsor and Official Newswire for Fifth Annual New West Summit

CannabisNewsWire (“CNW”), an information service specializing in cannabis related news, this morning announced that it will serve as a Gold Sponsor and the Official Newswire for the fifth annual New West Summit (“NWS5”). Known as THE cannabis tech conference, the event is slated to return to San Francisco from October 10-11, 2019. NWS5 will be held at the Bespoke Event Center, which is nestled in the city’s Financial District and offers stunning architecture, fabulous views and walking distance to iconic locations like Dragon Gate and the San Francisco Bay. “We are glad to support New West Summit and serve as a key sponsor for this well-respected cannabis conference,” CNW Director of Syndicated Communications Christopher Johnson said in the new release. “With 5,000 key syndication outlets, as well as high-performing social media channels that actively attract enthusiasts in this quickly growing space, we are already generating buzz with our carefully crafted content. We are passionate about the future of cannabis and believe the New West Summit offers high-value opportunities for us and other participants.”

To view the full press release, visit http://cnw.fm/Wnf8b

About New West Summit

There’s a reason New West Summit (“NWS”) is considered THE cannabis tech conference: it is constantly improving to meet the needs of conference-goers. Now on its fifth year, NWS is still running strong, attracting exhibitors and speakers from all over to join in the events. With a focus on global collaboration, the New West Summit works to bring together individuals in cannabis, technology, science, media, and investment to work towards a more cohesive future for the cannabis industry as a whole. For additional information about the fifth annual New West Summit, as well as registration details, visit www.NewWestSummit.com and www.NewWestSummit.com/Get-Tickets.

About CannabisNewsWire

CannabisNewsWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Canopy Rivers Inc. (TSX: RIV) (OTC: CNPOF) Announces Formation of Strategic Advisory Board

Canopy Rivers (TSX: RIV) (OTC: CNPOF), a venture capital firm specializing in cannabis, today announced the formation of its Strategic Advisory Board. According to the update, the group of respected business leaders, which includes inaugural board members John Ruffolo, Meg Lovell and Philip Donne, will provide guidance to Canopy Rivers’ executive team as it continues to build and strengthen its global portfolio of leading cannabis companies. “We have assembled a group of outstanding individuals with exceptional track records as leaders in their respective industries,” Canopy Rivers President and CEO Narbe Alexandrian said in the news release. “The Strategic Advisory Board will play an important role in providing guidance and insight to Canopy Rivers as we pursue our global growth strategy. Together, we look forward to building the cannabis industry of tomorrow, today.”

To view the full press release, visit http://cnw.fm/2jnqP

About Canopy Rivers Inc.

Canopy Rivers is a unique investment and operating platform structured to pursue investment opportunities in the emerging global cannabis sector. Canopy Rivers identifies strategic counterparties seeking financial and/or operating support. Canopy Rivers has developed an investment ecosystem of complementary cannabis operating companies that represent various segments of the value chain across the emerging cannabis sector. As the portfolio continues to develop, constituents will be provided with opportunities to work with Canopy Growth Corporation (TSX: WEED, NYSE: CGC) and collaborate among themselves, which Canopy Rivers believes will maximize value for its shareholders and foster an environment of innovation, synergy and value creation for the entire ecosystem. For more information, visit the company’s website at www.CanopyRivers.com.

NOTE TO INVESTORS: The latest news and updates relating to CNPOF are available in the company’s newsroom at http://cnw.fm/RIV

About CanadianCannabisWire

CanadianCannabisWire (CNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CannabisNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CNW brings its clients unparalleled visibility, recognition and brand awareness. CNW is where news, content and information converge.

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CannabisNewsBreaks – Grapefruit Boulevard Investments Inc. (IGNG) Appoints Initial Corporate Advisor

California-based Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 (OTCQB: IGNG), this morning announced that on August 16, 2019 the company appointed Justin Costello as Grapefruit’s first non-director corporate advisor and the foundation member of its strategic advisory board. Justin Costello, CEO of GRN Funds, entered into a Corporate Advisory Services Agreement with Grapefruit which stipulates an initial term of one year that will renew automatically for six-month periods, subject to the mutual agreement of the parties. “Dan and I are very grateful to Justin for agreeing to accept our offer and become an official member of the Grapefruit family. We feel his multifaceted legal cannabis, CBD and financing knowledge and experience will be a major asset to our enterprise. We believe Justin’s presence as a foundational senior advisor to Grapefruit will lend significant incremental credibility to Grapefruit which will facilitate and enhance our ability to attract top notch talent, investors and followers. We truly could not be happier about Justin’s involvement. Justin’s appointment represents the achievement of yet another Grapefruit goal on its inexorable march to become a legal cannabis and CBD industry leader,” Grapefruit CEO Bradley J. Yourist stated in the news release.

To view the full press release, visit http://cnw.fm/99A2s

About Grapefruit Boulevard Investments Inc.

Grapefruit Boulevard Investments, a wholly owned subsidiary of Imaging3 Inc. (OTCQB: IGNG), 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 as Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs. Grapefruit obtained its California cannabis licenses in January 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. For more information, visit the company’s website at www.GrapefruitBlvd.com.

NOTE TO INVESTORS: The latest news and updates relating to IGNG are available in the company’s newsroom at http://cnw.fm/IGNG

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