 LOS ANGELES and DESERT HOT SPRINGS, Calif., Feb. 22, 2021 GLOBE NEWSWIRE -- via InvestorWire -- Grapefruit USA, Inc. OTCQB: GPFT Grapefruit or the Company, a premiere, fully licensed California-based cannabis company, is announcing today that it has obtained California Trademark protection CA Registration Nos.: 02009331 and 02009332 for Grapefruits patented disruptive HourglassTM THCCannabinoid time-release delivery cream. The HourglassTM name and logo are now protected intellectual property rights of the Company which prevents all others operating in the Cannabis space from exploitation of such property. The Company also possesses common law, first-in-time, trademark protection to HourglassTM. The Company will obtain its Federal trademark protection when the Federal government legalizes cannabis, expected by many to be later this year. 