Grapefruit
Grapefruit USA is a California-based cannabis company that manufactures and distributes branded cannabinoid products, including the patented Hourglass time-release topical cream, Summit Boys extracts, edibles, and a USDA Organic CBD pet tincture, supplying California dispensaries and nationwide CBD customers via wholesale and e-commerce.
- Company typePublic
- Founded2017
- HeadquartersLos Angeles, United States
- Headcount11–50
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Grapefruit does
Grapefruit USA, Inc. is a California-based vertically integrated cannabis company that manufactures, distributes, and sells branded cannabinoid products through wholesale, e-commerce, and toll-processing arrangements. Headquartered in Westwood, Los Angeles, with manufacturing and distribution operations in Desert Hot Springs, California, the company supplies California dispensaries and nationwide CBD customers via online channels. Its product portfolio centers on the Hourglass™ brand of THC+CBD and CBD-only topical creams built on a patented time-release delivery system licensed from Zylö Therapeutics, which uses engineered Xerogel silica gel particles as micro-reservoirs in the skin for sustained cannabinoid release. Beyond Hourglass, Grapefruit markets Summit Boys premium extracts (acquired Q4 2021), Sugar Stoned gummies, Rainbow Dreams vape cartridges, a USDA Certified Organic CBD Pet Tincture, and smokeable hemp sourced through an Oregon partnership.
The company operates multiple revenue streams, including direct-to-dispensary wholesale distribution in California, ethanol-extraction contract manufacturing, 50/50 toll processing with cultivators, and nationwide e-commerce sales of its CBD cream. Distribution is anchored by channel partnerships with Captor Capital and One Plant California dispensaries, Crown Genetics, and listings on Weedmaps and Blitzdirect. The company is publicly traded on the OTCQB under ticker GPFT and expanded into Canada through a partnership with Medz Cannabis and a joint venture with 6PAK Solutions Canada, formalized by Health Canada NNCP approval in April 2022. Its competitive position rests on the patented Hourglass formulation, regulatory licensing across California and Canada, a tax-advantaged Desert Hot Springs manufacturing footprint, and a portfolio of branded SKUs across topicals, extracts, edibles, and pet products.
Grapefruit firmographics
Firmographics- Name
- Grapefruit
- Legal name
- Grapefruit Boulevard Investments, Inc.
- Website
- https://grapefruitblvd.com
- Company type
- Public
- Founded year
- 2017
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Grapefruit USA is a California-based cannabis company that manufactures and distributes branded cannabinoid products, including the patented Hourglass time-release topical cream, Summit Boys extracts, edibles, and a USDA Organic CBD pet tincture, supplying California dispensaries and nationwide CBD customers via wholesale and e-commerce.
- Ownership category
- akta.pro rank
Where Grapefruit is headquartered
LocationHeadquarters
- HQ city
- Los Angeles
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Grapefruit business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Proprietary Branded Product Sales: Sale of patented Hourglass THC+CBD topical cream, Rainbow Dreams vape cartridges, Sugar Stoned gummies, and Summit Boys extracts through own distribution channels and dispensaries.
- Wholesale Distribution: Distribution of bulk AAA exotic indoor flower, dry/fresh frozen trim, and bulk oil to licensed dispensaries and manufacturers throughout California.
- Tolling Processing: Toll processing agreements where cultivators provide dried biomass; Grapefruit processes into finished distillate and returns 50% of product to cultivator while retaining 50%.
- Manufacturing: Manufacturing of edibles, vape products, and proprietary Hourglass cream at licensed extraction laboratory in Desert Hot Springs (no city tax on manufacturing).
- E-commerce Retail: Direct consumer sales of hemp-derived CBD Hourglass cream through hourglassonlinestore.com, including crypto payment acceptance.
- Affiliate Program Revenue: Affiliate program revenue from e-commerce store partnerships.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Hourglass THC+CBD Topical Cream - Full Spectrum |
| Unit Pricing | Pay-as-you-go | Hourglass CBD Topical Cream - THC-Free |
| Unit Pricing | Pay-as-you-go | Rainbow Dreams Vape Cartridges |
| Unit Pricing | Pay-as-you-go | Sugar Stoned Gummies |
Go-to-market motion5 records
Distribution channels7 records
Marketing channels6 records
Grapefruit product offering
Product offeringCore offering
Grapefruit manufactures and distributes cannabis and hemp-derived products in California. Its flagship is the patented Hourglass™ time-release THC+CBD topical cream using licensed Xerogel silica gel technology that delivers cannabinoids through the skin via micro-reservoirs. The company also produces Sugar Stoned gummies, Rainbow Dreams vape cartridges, Summit Boys cannabis extracts, and a hemp-derived CBD pet tincture, while running a fully licensed ethanol extraction laboratory, statewide wholesale distribution network, and toll processing services for cultivators.
Differentiator
Problem solved
Functional benefit
Brands
- Hourglass: Patented time-release THC+CBD topical delivery cream system
- Summit Boys
- Sugar Stoned
- Rainbow Dreams
Quantifiable outcome
- 714% year-over-year revenue growth reported April 2021
- +3 more outcomes
Companies that use Grapefruit
Customer profileNamed customers5 records
Segments5 records
Ideal customer profiles5 records
Grapefruit technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Grapefruit partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered major, core and minor.
- Blitzdirect.commajorSummit Boys brand goes mobile on Blitzdirect.com for expanded California distribution.
- Medz CannabismajorExpanded agreement with Medz Cannabis to shepherd Grapefruit's patented Hourglass Time Release THC+CBD Topical Cream through Health Canada's regulatory process for Canadian market entry.
- Summit Boys Inc.coreGrapefruit acquired a controlling interest in Summit Boys Inc., a California-based premium extracts brand, through a stock-for-stock transaction valued at $250,000. Summit Boys is a multi-award winning extract brand with proven track record. Grapefruit consolidated Summit Boys' revenues in Q4 2021, adding a value-added, cash-producing asset.
- One Plant California DispensariesmajorOne Plant's California cannabis dispensaries began carrying Grapefruit's patented Hourglass THC/CBD Topical Cream.
- Captor Capital California DispensariesmajorCaptor Capital's (CSE: CPTR:CN) California retail cannabis dispensaries began carrying Grapefruit's patented Hourglass THC/CBD Topical Cream.
- 6PAK Solutions CanadamajorNew strategic alliance with 6PAK Solutions Canada to shepherd Grapefruit's patented Hourglass through Health Canada's regulatory requirements. Expanded role in October 2021 to include joint venture formation for Canadian distribution.
- Crown GeneticsmajorHourglass Time Release THC+CBD Topical Cream made available on Crown Genetics Mobile Retail Distribution Platform.
- Premium Southern California Cannabis CultivatormajorPrivate label cultivation agreement with prominent Southern California cannabis cultivator for AAA premium quality indoor cannabis flowers. Extended for one year in August 2020.
- Zylö Therapeutics, Inc.coreLicensed Xerogel Silica Gel technology for use in Hourglass topical delivery cream. Grapefruit intelligently deployed Zylö's technology to create the world's first and only patented THC and Cannabinoid time release delivery cream.
- Oregon Hemp FarmminorPartnered with leading Oregon Hemp farm to offer finest smokeable hemp flower testing at 16% CBD and >3% THC.
Scale indicators8 records
Recent moves10 records
Expansion highlights6 records
Grapefruit competitors and assessment
Company assessmentBroad incumbents
- Curaleaf: One of the largest U.S. multi-state cannabis operators with national distribution and broad product portfolio including topicals. Represents scale competition Grapefruit faces as it expands beyond California.
- Trulieve: Largest U.S. multi-state cannabis operator with strong branded product portfolio across formats. Comparable to Grapefruit's branded-product and vertical-integration playbook but at vastly greater scale.
- Tilray Brands: Global cannabis leader with Canadian operations (relevant to Grapefruit's Health Canada-approved expansion) and a broad product portfolio including wellness topicals. Sets the bar for international cannabis scale.
- MedMen: U.S. cannabis retailer and operator with multi-state footprint including California stores. Competes with Grapefruit indirectly by occupying premium dispensary shelf space for topicals and topicals.
Emerging players
- Ayr Wellness: U.S. multi-state cannabis operator with growing footprint including a strong presence in flower, vapes, and topicals. Comparable as a scaling MSO competing in the same product categories Grapefruit targets.
Direct peers
- Papa & Barkley: California-based vertically integrated cannabis company with a strong focus on topicals, tinctures, and wellness products using solventless infusion. Direct overlap with Grapefruit's Hourglass topical positioning and California distribution model.
- Kiva Confections: Leading California cannabis edibles manufacturer (chocolate, gummies) with broad dispensary distribution. Overlaps with Grapefruit's Sugar Stoned gummies line and California-wide retail penetration.
- Glass House Brands: California-focused vertically integrated cannabis operator combining cultivation, manufacturing, and retail distribution. Comparable to Grapefruit in California-centric wholesale and branded product strategy.
- Lowell Herb Co. California-based premium cannabis brand spanning flower, pre-rolls, and concentrates. Comparable to Grapefruit in California wholesale flower distribution and lifestyle-brand marketing approach.
- PLUS Products: California-anchored premium cannabis edibles brand with national distribution. Comparable in product format (gummies), California base, and branded-product-led growth strategy.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights7 records
Customer concentration
Grapefruit social profiles
Digital presenceGrapefruit financial estimates
Financial estimateRevenue estimate
Valuation estimate
Grapefruit leadership team
Management profileNumber of profiles
Profiles3 records
Grapefruit subsidiaries and ownership
Company hierarchySubsidiaries1 record
Grapefruit funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Grapefruit M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Grapefruit
What does Grapefruit do?
Grapefruit manufactures and distributes cannabis and hemp-derived products in California. Its flagship is the patented Hourglass™ time-release THC+CBD topical cream using licensed Xerogel silica gel technology that delivers cannabinoids through the skin via micro-reservoirs. The company also produces Sugar Stoned gummies, Rainbow Dreams vape cartridges, Summit Boys cannabis extracts, and a hemp-derived CBD pet tincture, while running a fully licensed ethanol extraction laboratory, statewide wholesale distribution network, and toll processing services for cultivators.
Is Grapefruit a public or private company?
Grapefruit is a public company. It is classified as public and is currently operating.
When was Grapefruit founded?
Grapefruit was founded in 2017. It employs 11 to 50 people.
Where is Grapefruit based?
Grapefruit is headquartered in Los Angeles, United States, in the North America region.
How does Grapefruit make money?
Six revenue lines are on record. Proprietary Branded Product Sales are the primary driver. The others are wholesale Distribution, tolling Processing, manufacturing, E-commerce Retail and affiliate Program Revenue.
Who are Grapefruit's main competitors?
Broad incumbents on record are Curaleaf, Trulieve, Tilray Brands and MedMen. Ayr Wellness is listed as an emerging player. Direct peers are Papa & Barkley, Kiva Confections, Glass House Brands, Lowell Herb Co. and PLUS Products.
Does Grapefruit have an API?
No public API is recorded for Grapefruit.