CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Announces Initiatives to Transform into Leading Multinational Cannabiotech Company

Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, today outlined its optimism for the new year, execution of existing plans and new initiatives as the company evolves in response to constant, rapid changes in the cannabis sector on its path to becoming a leading multinational cannabiotech. Among the highlights, the company reported that it expects to file for approval of its Notice of New Cannabis Product (“NNCP”) with Health Canada later this week. NNCP approval is a mandatory prerequisite to the launch of sales of Grapefruit’s patented Hourglass time-release, technology-powered THC+CBD-infused topical delivery cream in licensed retail outlets throughout Canada. “2021 was a very complicated year for Grapefruit as we struggled with the difficulties engendered by the simultaneous glut of cannabis flowers, reduction of demand and logistical disruptions caused by the worldwide pandemic,” said Bradley J. Yourist, Grapefruit’s CEO and co-founder. “Nevertheless, the company exhibited its fundamental value and resilience by emphasizing further development of our disruptive Hourglass technology and line of Hourglass-based products. Recently, we have been very busy organizing our strategic corporate plans and initiatives for the new year and beyond. We have put in place foundational initiatives that will transform Grapefruit into a multinational cannabiotech company. While we recognize that our share price has softened over the last few months, we made a conscious decision to not issue any press releases until we felt the time was right. However, now our new initiatives have been formulated and have commenced, our corporate plans are in place, and we will be updating our shareholders with respect to the above articulated points on an ongoing consistent basis so they can share in the excitement and growth of Grapefruit throughout 2022.”

To view the full press release, visit https://cnw.fm/jYHe5

About Grapefruit USA Inc.

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. For more information about the company and its operations, visit www.GrapefruitBlvd.com.

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 – Grapefruit USA Inc.’s (GPFT) Patented Hourglass(TM) Now Available on Blitzdirect.com

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced that its disruptive Hourglass(TM) time-release THC+Cannabinoid delivery cream is now available for purchase on the Blitzdirect.com (“Blitz”) mobile delivery online platform in California. Now, through Blitzdirect.com, Grapefruit’s Los Angeles customers have the option to have Hourglass delivered directly to their door. “This new Blitzdirect.com deal will not only increase the Hourglass footprint but will allow Grapefruit to reach a new segment of customers, including those unable to travel to traditional retail outlets,” said Bradley Yourist, Grapefruit CEO. “The sick, disabled, elderly or those too busy to travel can now simply order Hourglass online and have it quickly delivered directly to their home or office in California.”

To view the full press release, visit https://cnw.fm/lHMoS

About Grapefruit USA Inc.

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. For more information about the company, visit www.GrapefruitBlvd.com.

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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CBDNewsBreaks – Grapefruit USA Inc. (GPFT) Launches World’s Most Effectively Bioavailable CBD Delivery Cream

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced the official launch of the world’s first patented time-release, hemp-based CBD topical cream with boosted bioavailability, made possible by its proprietary Hourglass(TM) technology. Hourglass, a unique method for topical delivery of CBD, leverages a proprietary process that involves the grinding of CBD into nano-sized particles, substantially smaller than the width of a human hair, which allows for significantly higher bioavailability and absorption. “Over the last several months, our Hourglass product team has received extremely positive product feedback and internal reviews from our product testers and retail customers after their regular use of our hemp-based CBD Hourglass topicals, which is extremely gratifying for the company and at base shows that the technology works,” said Bradley Yourist, CEO at Grapefruit USA. “Grapefruit’s Hourglass Topical Delivery Cream will fundamentally change the way individuals use CBD and other cannabinoids to obtain their holistic benefits.”

To view the full press release, visit https://cnw.fm/XG8oJ

About Grapefruit USA Inc.

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. For more information about the company, visit www.GrapefruitBlvd.com.

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 – Grapefruit USA Inc. (GPFT) to Move Forward with Regulatory Approval Process to Bring Hourglass(TM) to All Canadians

Grapefruit USA (OTCQB: GPFT), a premiere California-based cannabis and hemp company, today announced its entry into a formal collaboration with 6PAK Solutions Inc. and Medz Cannabis, Inc., 6PAK’s partner and license holder, to bring Grapefruit’s patented Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream to market throughout Canada. According to the update, the formal collaboration agreement cements the strategic alliance with 6PAK Solutions Inc., a well-respected Canadian cannabis manufacturer and arm of ATG Pharma Inc. Under the new alliance, Grapefruit will file its Notice of New Cannabis Product (“NNCP”) with Health Canada detailing the Hourglass production process, including integration of the patented Z-Pod Xerogel Silica Gel technology into the Hourglass topical delivery cream system. “We are very pleased to have entered into the formal agreement with 6PAK and its licensed partner Medz Cannabis to cement our strategic alliance and immediately move forward with obtaining Canadian regulatory approval to bring Grapefruit’s patented time-release THC+CBD topical delivery cream to all Canadians. As I have stated before, 6PAK Solutions’ expertise in this area is unrivaled and assures Grapefruit will bring a fully compliant cannabis product to market in Canada,” said Bradley J. Yourist, Grapefruit’s CEO and co-founder. “6PAK is also a subsidiary of ATG Pharma Inc., a leader in regulatory compliant filling and packaging for the cannabis industry in Canada, so we are in good hands indeed. Our team looks forward to working with Chris Shar and his team in the coming weeks to achieve our corporate goal of introducing Hourglass across the entire nation of Canada in the second quarter of 2022. We expect this experience in Canada will be make it easier for Grapefruit to replicate the process in the United States when cannabis is finally de-scheduled from the list of U.S. federally controlled substances.” To view the full press release, visit https://cnw.fm/vJ4tD About Grapefruit USA Inc. 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. For more information about the company, visit www.GrapefruitBlvd.com. NOTE TO INVESTORS: The latest news and updates relating to GPFT are available in the company’s newsroom at https://cnw.fm/GPFT    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 Do you have questions or are you interested in working with CNW? Ask our Editor CannabisNewsWire (CNW) Denver, Colorado www.CannabisNewsWire.com 303.498.7722 Office Editor@CannabisNewsWire.com CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Acquires Controlling Interest in Monterey-Based Summit Boys Inc.

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced that on Friday, Sept. 10, 2021, it closed on the acquisition of a controlling interest in Summit Boys Inc., a Monterey, California-based premium extracts brand that manufactures high-quality products. The acquisition from one of Summit Boys’ founders took place in a stock-for-stock transaction valued at $250,000, based on GPFT’s Sept. 10 closing price. Henceforth, all Summit Boys revenues will be consolidated with Grapefruit’s financial statements. “Summit Boys is a highly respected extracts brand in the California cannabis market, and we are very pleased with the completion of this transaction, pursuant to which Grapefruit has been able to use its common stock as a currency to acquire a value-added, cash-producing asset for its portfolio,” said Bradley J. Yourist, Grapefruit CEO. “This is a model that we hope to replicate many times to complement the revenue growth derived from our disruptive, patented Hourglass THC/Cannabinoid delivery cream.”

To view the full press release, visit https://cnw.fm/AAK8P

About Grapefruit USA Inc.

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. For more information about the company, visit www.GrapefruitBlvd.com.

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

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today announced that on Friday, Sept. 10, 2021, it closed on the acquisition of a controlling interest in Summit Boys Inc., a Monterey, California-based premium extracts brand that manufactures high-quality products. The acquisition from one of Summit Boys’ founders took place in a stock-for-stock transaction valued at $250,000, based on GPFT’s Sept. 10 closing price. Henceforth, all Summit Boys revenues will be consolidated with Grapefruit’s financial statements. “Summit Boys is a highly respected extracts brand in the California cannabis market, and we are very pleased with the completion of this transaction, pursuant to which Grapefruit has been able to use its common stock as a currency to acquire a value-added, cash-producing asset for its portfolio,” said Bradley J. Yourist, Grapefruit CEO. “This is a model that we hope to replicate many times to complement the revenue growth derived from our disruptive, patented Hourglass THC/Cannabinoid delivery cream.”

To view the full press release, visit https://cnw.fm/AAK8P

About Grapefruit USA Inc.

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. For more information about the company, visit www.GrapefruitBlvd.com.

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

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

Do you have questions or are you interested in working with CNW? Ask our Editor

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303.498.7722 Office
Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Issues Update Concerning Formation of Joint Venture, Potential Acquisition

Grapefruit USA (OTCQB: GPFT), a premiere, fully licensed California-based cannabis company, today provided further updates to its March and May 2021 announcements regarding discussions with a Canadian cannabis company surrounding development of a memorandum of understanding (“MOU”). The MOU sets forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit’s products, including, but not limited to, Grapefruit’s patented disruptive Hourglass(TM) THC/cannabinoid time-release delivery cream throughout Canada. “Execution of the MOU moved the entire process forward, as we now more clearly understand each other’s overall goals and priorities as well as the capital requirements and legal, regulatory and logistical challenges of finalizing a joint venture and/or an acquisition,” said Grapefruit CEO Bradley J. Yourist. “We now expect to bring the process forward to the point of making a decision in the next 30-60 days. Once again, that being said, we wish to emphasize that the discussions reported here, although substantive and largely positive, remain in the MOU and pre-definitive agreement stage as a result of the delay from April 2021 to the present and may be subject to termination at any time. Grapefruit will continue to update the public as necessary on any material joint venture or acquisition developments as events proceed.”

To view the full press release, visit https://cnw.fm/W6FDT

About Grapefruit USA Inc.

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. For more information about the company, visit www.GrapefruitBlvd.com.

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

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

Do you have questions or are you interested in working with CNW? Ask our Editor

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Editor@CannabisNewsWire.com

CannabisNewsWire is part of the InvestorBrandNetwork.

CBDNewsBreaks – Grapefruit USA Inc. (GPFT) Committed to Creating High-Quality Products for Its Customers, Human or Otherwise

Grapefruit USA (OTCQB: GPFT) understands that humans aren’t the only ones who may benefit from all that cannabidiol (“CBD”) has to offer and is positioning in a rapidly growing market. The pet CBD industry has experienced significant growth over the last several years, with the Brightfield Group projecting an expected market valuation of more than $1.7 billion by 2025 (https://cnw.fm/drv6i). Grapefruit is leveraging its expertise in the space with the launch of a new USDA-certified organic CBD pet tincture. “We understand that pet owners are now demanding organic, plant-based, natural remedies to keep their furry family members calm and in good health, and avoid the potential negative side effects of generic, synthetic pet medications,” a recent article quotes Bradley Yourist, co-founder and CEO of GPFT, commenting on the product launch. “Grapefruit’s new Pet CBD Tincture meets this pet-owner market demand because it is derived from hemp grown right here in the U.S., and each batch is lab tested for purity. . . . Our commitment to obtain the USDA-certified organic seal clearly demonstrates GPFT’s continued commitment to creating the best high-quality, safe and effective CBD products for our customers, be they human, feline, canine or otherwise. Our pets deserve the same relief that their owners have experienced with our other CBD products, such as our THC-free, hemp-derived CBD Hourglass time-release topical relief cream.”

To view the full article, visit https://cnw.fm/iHzIv

About Grapefruit USA Inc.

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, California. To find out more about the company, please visit www.GrapefruitBlvd.com.

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

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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Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer

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420 with CNW — Feds Finance Research into Use of Hemp as Ecofriendly Insulation

The U.S. Department of Energy (“DOE”) is funding a project to develop hemp fiber insulation, which in comparison to traditional preparations, is said to be better for both public health as well as the environment. In addition to awarding almost $200,000 to facilitate research, the department granted Hempitecture’s COO Tommy Gibbons a yearly stipend of $90,000.

The DOE is especially interested in the firm’s HempWool product, which is said to be a high-performing and extremely sustainable insulation material. The hemp-based product, which has a low carbon footprint and strong thermal resistance, is a nontoxic alternative to conventional insulation.

In an interview, Gibbons stated that the Department of Energy was interested in the insulation’s potential for decarbonization as well as that of other building materials that have been manufactured using hemp fibers. The company is planning to carry out research and test proprietary blends of its insulation material in an attempt to enhance its fire resistance and insulation value. This is in addition to improving onshore manufacturing of insulation products that use industrial hemp waste obtained from farmers in America.

A description of the project notes that the emphasis on low-carbon, healthy building materials has prompted a search for solutions from the government as well as consumers to reduce the huge footprint of the built environment and reconstruct better infrastructure. The department’s Innovation Crossroads program is also working to fulfill a goal set by the Biden administration that would reduce carbon emissions and increase the use of clean energy.

With the grant awarded to Hempitecture, the DOE appears to be recognizing what experts and stakeholders have previously stated: hemp is an environmentally friendly and sound investment.

In other news, the Environmental Protection Agency (“EPA”) had announced earlier this year that it would be awarding a grant of $100,000 to a company headquartered in Washington state. The agency stated that the grant would help support the development of more sustainable bricks manufactured using industrial hemp.

Among the companies to receive the grant under the agency’s innovation research program was Earth Merchant, which produces OlogyBricks. OlogyBricks are considered to be an alternative to construction bricks manufactured from concrete and other materials as they are carbon negative, lightweight and durable, in addition to being hemp based. In a notice, the EPA stated that the hemp-based product would improve indoor air quality and energy efficiency in single-family homes, among other architectural applications.

Nearly three years ago, the agency also awarded a $12,000 grant to a research team from the University of California to facilitate research on how to use hemp as a renewable fiber in construction. The success of this hemp insulation research would unearth an economically viable use for the hemp waste left after companies such as Grapefruit USA Inc. (OTCQB: GPFT) have extracted CBD from hemp biomass.

NOTE TO INVESTORS: The latest news and updates relating to Grapefruit USA Inc. (OTCQB: GPFT) are available in the company’s newsroom at http://cnw.fm/GPFT

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 — States That Could Vote on Cannabis Legalization Measures in 2022

It seems like the wave of cannabis reform that has been sweeping through America is not going to stop any time soon. More than 30 states have already allowed the consumption of cannabis in one form or other within their borders, and this year at least four states have passed cannabis reform legislation. With lawmakers considering federally rescheduling cannabis, activists in several states are also working on putting cannabis legislation before voters next year. The following are some of the states that will likely vote on cannabis legislation measures in 2022.

Arkansas will likely vote on cannabis legislation next year if activists are able to collect enough signatures for a recreational cannabis proposal. Prepared by Arkansas True Grass, this bill would allow adults aged 21 and older to purchase and possess up to four ounces of marijuana as well as grow up to 12 plants at home for personal use only. Additionally, qualifying adults would have no limit on possession as long as the cannabis is kept out of public view.

Idaho officials recently gave activists the go-ahead to start collecting signatures for a cannabis legalization initiative that would legalize the purchase and possession of up to three ounces of cannabis on private property. However, since the initiative doesn’t create a system for cannabis sales and taxation nor does it allow home cultivation, consumers would be expected to buy cannabis from neighbor states with legal markets and bring it back to Idaho. Activists are also collecting signatures for a separate measure that would legalize medical cannabis and allow patients to possess as much as four ounces of cannabis.

Maryland House Speaker Adrienne Jones recently said in a press release that early next year, state lawmakers will pass legislation to put the question of whether or not to legalize cannabis before Maryland voters as a referendum. In February, the House Judiciary Committee held a hearing on a cannabis proposal, while in March, a separate cannabis legalization measure sponsored by top lawmakers was subject to a Senate Finance Committee Hearing. Despite these hearings, the legislature didn’t hold a vote, and the two chambers are hoping to reconcile the differences between the two bills and send a bill to Governor Larry Hogan’s desk.

In Missouri a group of cannabis activists is working to put cannabis legislation on next year’s ballot via a number of initiatives. Fair Access Missouri, for instance, has filed several proposals that would allow adults aged 21 and older to purchase and possess cannabis as well as modify Missouri’s existing medical marijuana program.

Nebraska voters will most likely see two complementary medical cannabis initiatives on the 2022 ballot after the state Supreme Court voided an initiative that qualified for the 2020 vote. Senators Adam Morfeld and Anna Wishart are known to support medical cannabis reform, and they have previously said that they would work to put the question of legalizing cannabis before the voters in 2022.

If the states above start implementing legal marijuana programs, the people and companies in those states will potentially see the kind of growth that entities such as Grapefruit USA Inc. (OTCQB: GPFT) enjoy in California, one of the most mature marijuana markets in the country.

NOTE TO INVESTORS: The latest news and updates relating to Grapefruit USA Inc. (OTCQB: GPFT) are available in the company’s newsroom at http://cnw.fm/GPFT

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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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CannabisNewsBreaks – Grapefruit USA Inc. (GPFT) Targeting Q3 2021 Entry into Canada for Innovative Hourglass(TM) Cream

Grapefruit USA (OTCQB: GPFT) recently announced an agreement with 6PAK Solutions Inc., a well-respected Canadian cannabis manufacturer and arm of ATG Pharma Inc. The agreement set the wheels in motion for targeted entry into Canada for its patented Hourglass(TM) Time Release THC+CBD Delivery Topical Relief Cream, one of the most effective cannabis topical creams on the market. A recent article reads, “According to the agreement, GPFT will file a Notice of New Cannabis Product (‘NNCP’) with Health Canada; the NNCP outlines the Hourglass production process including the integration of Grapefruit’s patented Z-Pod Xerogel Silica Gel technology into the Hourglass topical delivery cream system. The company hopes to receive approval of the NNCP by third quarter 2021. Once approval is received, the company will work with 6PAK to launch its exclusive Hourglass Time release THC+CBD Delivery Topical Relief Cream in the Canadian market.”

To view the full article, visit https://cnw.fm/WkOVA

About Grapefruit USA Inc.

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, California. To find out more about the company, please visit www.GrapefruitBlvd.com.

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

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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