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Grapefruit USA Inc
10866 Wilshire Blvd.
Phone: (310) 205-1382p:310 205-1382 LOS ANGELES, CA  90024  United States Ticker: GPFTGPFT
This company ceased filing statements with the SEC on 4/17/2023.
Business Summary
Grapefruit USA, Inc. is a licensed cannabiotech company. The Company manufactures its product line and distributes it, along with other cannabis products, to licensed cannabis product businesses. It has three product offerings: Hourglass CBD Delivery Cream, Grapefruit’s CBD Tincture, and Grapefruit’s Pet CBD Tincture. It has two segments: Retail and Wholesale. The Retail segment includes the sale of Summit Boys branded products, Tetrahydrocannabinol (THC) Honey Oil tinctures, and CBD-Infused Hourglass Topical Cream products through online and third-party sales channels. The Wholesale segment sells THC-Infused Hourglass Topical Cream, Rick Simpson Oil (RSO) Syringes, Vape Cartridges, and Flower Products. The Company has invested in one subsidiary, Summit Boys, Inc., a cannabis extraction brand with product lines in retail stores throughout California. Summit Boys extracts include sugar, crumble, badder, live resin, diamonds, budder, sauce, caviar, and other extracted cannabis products.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
9/30/202212/31/2021YesYesYes-Yes

Industries
SIC Code Description
3844 X-ray apparatus and tubes and related irradiation apparatus
2833 Medicinal chemicals and botanical products

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Chief Executive Officer, Director Bradley J.Yourist 52 12/31/2020 7/10/2019
Chief Financial Officer, Executive Vice President Kenneth J.Biehl 64 3/8/2018 3/8/2018
Chief Operating Officer, Corporate Secretary, Director Daniel J.Yourist 54 7/10/2019 7/10/2019
Director SharonBoddie 43 3/29/2021 3/29/2021
Director JamesJordan 41 1/1/2020 1/1/2020

Business Names
Business Name
GPFT
IGNG
IGNGD
4 additional Business Names available in full report.

General Information
Number of Employees: 9 (As of 12/31/2021)
Outstanding Shares: 1,106,710,282 (As of 12/31/2023)
Shareholders: 608
Stock Exchange: OTC
Federal Tax Id: 954451059
Fax Number: (818) 260-0445
Email Address: info@imaging3.com


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Friday, January 31, 2025