Grapefruit USA, Inc Stock: price and insider trades · United States

Grapefruit USA, Inc. (ticker: GPFT) is a U.S.-based micro-cap company with its securities quoted on the OTC market rather than on a major national exchange such as NYSE or NASDAQ. The company is domiciled in the United States and has its principal executive office in Los Angeles, California. Grapefruit’s corporate history is relatively recent in its current form: it was formerly Imaging3, Inc., and the name change to Grapefruit USA, Inc. was completed in 2020 following a reverse-acquisition style restructuring. For investors, the company should be viewed as a small, highly regulated cannabis-adjacent operating platform rather than a diversified consumer or healthcare platform.

Operationally, Grapefruit USA has focused on California’s regulated cannabis ecosystem, with an emphasis on licensed distribution, manufacturing, extraction, packaging, and proprietary product development. Public filings describe product lines including CBD gummies, vaporization cartridges, oils, and topical creams, particularly the Hourglass branded topical line. The company has also described a long-term ambition to develop a larger vertically integrated facility in the Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, California, intended to combine cultivation, distribution, and laboratory functions. That geographic footprint is primarily concentrated in California, although the legal structure is Delaware-based and the business model depends on U.S. state-level cannabis regulation.