Grapefruit Boulevard Investments, a Los Angeles based
California corporation and wholly owned subsidiary of Imaging3, Inc. (OTCQB:
IGNG), (collectively “Grapefruit”), this morning reported successful results
from the initial round of laboratory testing of the time release efficacy of its
patented THC Patchless Patch(TM) topical cream. The results showed that
the product can deliver a consistent, reliable pre-defined dose of THC via a
user’s skin throughout an estimated ten-hour time period. “The results of these
tests of Grapefruit’s patented THC Cannabinoid time-release Patchless Patch
have demonstrated its efficacy. Grapefruit believes that the consistent and
sustained delivery of THC Cannabinoids over a defined period has the potential
to change the manner in which chronic long-term pain and other disorders are
managed. It also has the potential to provide an alternative to the use of
highly addictive opioids for the treatment of chronic pain. Our hope is that
this potentially game-changing technology will allow people who suffer from
chronic pain and other disorders to lead more active and productive lives.
Furthermore, our THC Patchless Patch has obvious applications in the
recreational cannabis context for use at events such as concerts and movies as
well as transcontinental flights. We are targeting the end of the Second
Quarter of 2020 to bring the product to market. We will keep our shareholders
and the public apprised of further developments with the THC Patchless Patch as
they occur,” Grapefruit CEO Bradley J. Yourist stated in the news release.
To view the full press release, visit http://ibn.fm/KNdIa
About Grapefruit Boulevard Investments Inc.
Grapefruit is a wholly-owned subsidiary of Imaging3, Inc.
Grapefruit’s corporate headquarters is in Westwood, Los Angeles, California.
Grapefruit holds California permits and licenses to both manufacture and
distribute cannabis products. Grapefruit’s 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 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 Company. To obtain further information on
Grapefruit and its operations, please visit its website at www.Grapefruitblvd.com.
To learn more about Grapefruit’s Sugar Stoned branded line of cannabis and CBD
infused edibles, please visit www.SugarStoned.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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