$GPFT NEWS Grapefruit USA, Inc. (OTCPINK “GPFT
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Posted On: 04/01/2020 9:58:52 AM
$GPFT NEWS
Grapefruit USA, Inc. (OTCPINK “GPFT”) Announces Data License Agreement with P5 Systems, Inc. (“P5”) Granting Grapefruit an Exclusive Six Month License to P5’s “BudTrader” Website Database
Los Angeles/Desert Hot Springs, CA, April 01, 2020 (GLOBE NEWSWIRE) -- Grapefruit USA, Inc., (“GPFT”) (OTCPink: GPFT) a California based cannabis company, is announcing today that it has signed a Data License Agreement (the “Agreement”) with Encinitas, CA. based P5 Systems, Inc., the owner and operator of Budtrader.com, the cannabis industry’s largest social media platform. BudTrader’s platform is available in the United States in every state in which cannabis use is legal, as well as Canada and Puerto Rico. BudTrader’s two million plus registered users can safely and legally post and reply to classifieds–style advertisements for cannabis products, services, jobs, equipment, etc. BudTrader users can freely communicate and network with one another without of any fear or paranoia concerning censorship or any other hassling by the operators of the platform. The Agreement grants Grapefruit a six-month exclusive license to execute, copy, reproduce, display, perform, develop, create derivative work based upon or otherwise use BudTrader’s customer data for its investor relations uses. For all other uses, the license is non-exclusive. In consideration of the license, Grapefruit will issue 1,000,000 of its common shares to P5, Inc.
With respect to the Grapefruit/BudTrader agreement, Bradley J. Yourist, Grapefruit CEO, stated, “there could not be a more natural alliance than the one between our companies. I recognize that we live in the data-age, and our Agreement with BudTrader will afford us with the opportunity to effectively market our wholesale and retail products, services and Company itself to very granular sub-sets of data and demographics. We will work closely with BudTrader to formulate several unique marketing strategies to grow both of our customer bases. We are excited about the opportunity to work with this innovative company and its CEO, Brad McLaughlin in the coming months to effectively communicate each of our messages to the Cannabis and CBD ecosphere nationwide and internationally.”
To learn more about Grapefruit, please visit our website at:
https://grapefruitblvd.com
Follow us on Facebook, Instagram, LinkedIn and Twitter
Grapefruit USA, Inc. (OTCPINK “GPFT”) Announces Data License Agreement with P5 Systems, Inc. (“P5”) Granting Grapefruit an Exclusive Six Month License to P5’s “BudTrader” Website Database
Los Angeles/Desert Hot Springs, CA, April 01, 2020 (GLOBE NEWSWIRE) -- Grapefruit USA, Inc., (“GPFT”) (OTCPink: GPFT) a California based cannabis company, is announcing today that it has signed a Data License Agreement (the “Agreement”) with Encinitas, CA. based P5 Systems, Inc., the owner and operator of Budtrader.com, the cannabis industry’s largest social media platform. BudTrader’s platform is available in the United States in every state in which cannabis use is legal, as well as Canada and Puerto Rico. BudTrader’s two million plus registered users can safely and legally post and reply to classifieds–style advertisements for cannabis products, services, jobs, equipment, etc. BudTrader users can freely communicate and network with one another without of any fear or paranoia concerning censorship or any other hassling by the operators of the platform. The Agreement grants Grapefruit a six-month exclusive license to execute, copy, reproduce, display, perform, develop, create derivative work based upon or otherwise use BudTrader’s customer data for its investor relations uses. For all other uses, the license is non-exclusive. In consideration of the license, Grapefruit will issue 1,000,000 of its common shares to P5, Inc.
With respect to the Grapefruit/BudTrader agreement, Bradley J. Yourist, Grapefruit CEO, stated, “there could not be a more natural alliance than the one between our companies. I recognize that we live in the data-age, and our Agreement with BudTrader will afford us with the opportunity to effectively market our wholesale and retail products, services and Company itself to very granular sub-sets of data and demographics. We will work closely with BudTrader to formulate several unique marketing strategies to grow both of our customer bases. We are excited about the opportunity to work with this innovative company and its CEO, Brad McLaughlin in the coming months to effectively communicate each of our messages to the Cannabis and CBD ecosphere nationwide and internationally.”
To learn more about Grapefruit, please visit our website at:
https://grapefruitblvd.com
Follow us on Facebook, Instagram, LinkedIn and Twitter
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