- Grapefruit recently filed a registration statement with the SEC
- The company is one of the earliest registered cannabis distribution firms to attain an annually renewable license
- Following the registration statement, Grapefruit’s second funding tranche is expected to be released this week
California-based Grapefruit Boulevard Investments Inc. (OTCQB: IGNG), a fully licensed premier cannabis manufacturer and distributor in the California legal cannabis marketplace, has filed a registration statement with the SEC on Form S-1 to register shares of the company’s common stock underlying the $600,000 convertible note recently issued to an institutional investor, as well as other securities to be issued to the investor (http://nnw.fm/muLT6). This filing is an important achievement for Grapefruit in its quest to become a premier cannabis company, boasting quality control and attention to detail from production to distribution.
Headquartered in Los Angeles, California, Grapefruit holds licenses to both manufacture and distribute cannabis products. It also has its own branded product lines. The company is well focused on…
NOTE TO INVESTORS: The latest news and updates relating to IGNG are available in the company’s newsroom at http://nnw.fm/IGNG
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