Grapefruit USA (OTCQB: GPFT), an innovative California-based cannabiotech company, today announced that its Chief Executive Officer Bradley J. Yourist was elected to the Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park’s Property Owners Association Board of Directors (the “Board”) for a one-year term, effective immediately. Located 14 miles north of downtown Palm Springs, the 160-acre Coachillin’ Canna-Business Park is the first and largest cooperative canna-business compound of its kind. The landowners each own a proportionate interest in a collaborative owner’s association, allowing them to share much of the park overhead such as clean cultivation water, park security and access to agricultural power rates and, thereby, develop relatively low-cost economies of scale, providing a competitive advantage over independent cannabis operations. “It is an honor for me to have been elected to a one-year term as a member of the Board,” said Bradley J. Yourist, Grapefruit’s CEO and co-founder. “As a Board member, I will acquire a unique perspective on the rapidly evolving California cannabis industry and the progress of the Coachillin’ Canna-Business Park. I intend to refer innovative new cannabis industry participants to the Park over the next year. Of course, the Board seat will afford me the opportunity to advance Grapefruit’s initiative to build out our Coachillin’ ‘Mothership’ as quickly as possible.”

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

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.

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.