 LOS ANGELESDESERT HOT SPRINGS, Calif., March 10, 2021 GLOBE NEWSWIRE -- via InvestorWire Grapefruit USA, Inc. OTCQB: GPFT Grapefruit or the Company, a premiere, fully licensed California-based cannabis company, announces the resignation of John M. Hollister. Mr. Hollister served as the Companys CEO prior to its reverse acquisition by Grapefruit Boulevard Investments, Inc. and its transition from a developer of 3D imaging to fully licensed manufacturer and distributor of cannabis products, including its patented, disruptive HourglassTM time release THCCannabinoid delivery cream. Mr. Hollisters resignation was triggered in part by Californias diversity requirements for boards of directors. 