California-based Grapefruit Boulevard Investments, a wholly owned subsidiary
of Imaging3 (OTCQB: IGNG), holds licenses initially issued by the state of
California in January 2018 to manufacture and distribute cannabis products. A
recent article discussing the company reads, “Grapefruit owns and operates its
fully licensed and compliant ethanol extraction laboratory located in the
Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert
Hot Springs, California. The company’s extraction lab produces high-quality,
cannabis-derived distillate, also known as honey oil, from cannabis flower and
“trim.” THC honey oil is one of the base cannabis commodities that serves as
the active ingredient in everything from infused edibles and tinctures/creams
to the cartridges used in vapes and e-cigarettes. Honey oil often sells on the
wholesale marketplace for thousands of dollars per liter, with pricing being
dependent on quantity purchased, as well as other market factors such as the
availability and cost of the underlying flowers and/or trim.”
To view the full article, visit http://ibn.fm/ew5lG
About Grapefruit Boulevard Investments Inc.
Grapefruit Boulevard Investments, a wholly owned subsidiary
of Imaging3 Inc. (OTCQB: IGNG), is a fully licensed, premier-cannabis
manufacturer and distributor in the California legal cannabis marketplace,
where it manufactures, procures and distributes its branded, high-quality,
all-natural cannabis flowers, concentrates and related products that are free
from pesticides, heavy metals and bacteria. Grapefruit’s cannabis and CBD
extraction laboratory and distribution facilities are located in the
Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert
Hot Springs near downtown Palm Springs. Headquartered in Los Angeles,
Grapefruit provides its wholesale and retail cannabis distribution services
throughout California. Grapefruit is managed by a team of experts that
possesses the experience, skills and resources required to succeed in the
competitive cannabis marketplace. 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://ibn.fm/IGNG
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