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Grapefruit Boulevard Investments, Inc. (“Grapefruit”) is a Delaware corporation whose shares trade under the symbol “GPFT”. Grapefruit is a “Reporting Company”. Grapefruit holds licenses issued by the State of California in January 2018 to both manufacture and distribute cannabis products. Grapefruit’s corporate headquarters is in Los Angeles, California. Grapefruit owns and operates a California licensed cannabis extraction laboratory and distribution facility in the Coachillin’ Canna-Business Park, near Palm Springs, California. The Company’s extraction lab produces high quality, cannabis-derived THC distillates commonly known as “honey oil” and “crude oil” from cannabis flower and “trim”. These distillates are base cannabis commodities, which are the active ingredients in many cannabis products including infused edibles, tinctures, creams, and are also used as the active ingredient in vaporization cartridges. Grapefruit also distributes cannabis and cannabis products to other properly licensed cannabis product companies. Grapefruit is developing its “patchless patch” which provides users with a defined “time release” dose of THC. This product is expected to be released in the second quarter of 2020.

April 1, 2020 Grapefruit USA, Inc. (OTCQB “GPFT”) Announces Data License Agreement with P5 Systems, Inc. Granting Grapefruit an Exclusive Six Month License to P5’s “BudTrader.com” Website Database

https://www.globenewswire.com/news-release/2020/04/01/2009845/0/en/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.html

March 23, 2020 Grapefruit USA, Inc. (OTCQB “GPFT”) Addresses Impact of COVID-19 on Company Operations and Provides Updates on SEC Filiings and First Quarter Operations

https://www.globenewswire.com/news-release/2020/03/23/2004558/0/en/Grapefruit-USA-Inc-OTCPINK-GPFT-Addresses-Impact-of-COVID-19-on-Company-Operations-December-31-2020-Audit-and-SEC-Filings-Provides-Updates-on-Company-First-Quarter-Operations.html

February 10, 2020 Grapefruit USA, Inc. (OTCQB “GPFT”) Announces the Appointment of Southern California Cannabis Industry Leader James Jordan to its Board of Directors

https://www.globenewswire.com/news-release/2020/02/10/1982180/0/en/Grapefruit-USA-Inc-OTCPINK-GPFT-Announces-the-Appointment-of-Southern-California-Cannabis-Industry-Leader-James-Jordan-to-its-Board-of-Directors.html

February 4, 2020 Grapefruit USA, Inc. (OTCQB “GPFT”) Announces Private Label Cultivation Agreement with Premium Southern California Based Cannabis Cultivator

http://www.globenewswire.com/news-release/2020/02/04/1979314/0/en/Grapefruit-USA-Inc-OTCPINK-GPFT-Announces-Private-Label-Cultivation-Agreement-with-Premium-Southern-California-Based-Cannabis-Cultivator.html

January 31, 2020 Grapefruit USA, Inc. (OTCQB “GPFT”) Announces Corporate Name and OTC Ticker Symbol Change Completed; GPFT Will Temporarily Be Quoted On the OTCPink Market

https://www.globenewswire.com/news-release/2020/01/31/1978029/0/en/Grapefruit-USA-Inc-OTCQB-GPFT-Corporate-Name-and-OTC-Ticker-Symbol-Change-Completed-GPFT-Will-Temporarily-Be-Quoted-On-the-OTCPink-Market.html

January 8, 2020 Grapefruit Announces Successful Results in Initial Tests for Efficacy of its Patented Time-Release THC Cannabinoid “Patchless Patch™”

https://www.globenewswire.com/news-release/2020/01/08/1967709/0/en/Grapefruit-IGNG-Announces-Successful-Results-in-Initial-Tests-for-Efficacy-of-its-Patented-Time-Release-THC-Cannabinoid-Patchless-Patch.html

December 16, 2019 Grapefruit Files with FINRA to Change its Corporate Name and Stock Ticker Symbol

https://www.globenewswire.com/news-release/2019/12/16/1960787/0/en/Grapefruit-IGNG-Files-with-FINRA-to-Change-its-Corporate-Name-and-Stock-Ticker-Symbol.html

December 12, 2019 Grapefruit Announces Distribution Contract; CEO Comments on the Company’s Multiple Revenue Streams

https://www.globenewswire.com/news-release/2019/12/12/1959737/0/en/Grapefruit-IGNG-Announces-Distribution-Contract-CEO-Comments-on-the-Company-s-Multiple-Revenue-Streams.html

December 2, 2019 Grapefruit Completes its Audit by SingerLewak, and Files its Super 8-K, Completing another milestone in the Quest to Become a leader in the Legal Cannabis Industry

https://www.globenewswire.com/news-release/2019/12/02/1954580/0/en/Grapefruit-IGNG-Announces-Completion-of-GBI-Audit-and-Filing-of-Super-8-K.html

November 25, 2019 Grapefruit CEO Comments on Third Quarter 10-Q Filings

https://www.globenewswire.com/news-release/2019/11/25/1951818/0/en/Grapefruit-IGNG-CEO-Comments-on-recent-10-Q-Filings.html

September 16, 2019 Grapefruit Announces Memorandum of Understanding with Owner of Patented “Patchless Patch” for Timed Release Delivery of Grapefruit’s Cannabis Products

https://www.globenewswire.com/news-release/2019/09/16/1915769/0/en/Grapefruit-Announces-Memorandum-of-Understanding-with-Owner-of-Patented-Patchless-Patch-for-Timed-Release-Delivery-of-Grapefruit-s-Cannabis-Products.html

September 11, 2019 Grapefruit Announces Appointment of Justin Costello of GRN Funds as its Initial Corporate Advisor

https://www.globenewswire.com/news-release/2019/09/11/1913998/0/en/Grapefruit-Announces-Appointment-of-Justin-Costello-as-its-Initial-Corporate-Advisor.html

September 4, 2019 Grapefruit Engages SingerLewak, LLP as its Auditor

https://www.globenewswire.com/news-release/2019/09/04/1910590/0/en/Grapefruit-Engages-Singer-Lewak-as-its-Auditor.html

August 19, 2019 Grapefruit Announces Closing of the Second Auctus Tranche of $1,400,000 of New Working Capital for Grapefruit

https://www.globenewswire.com/news-release/2019/08/19/1903386/0/en/Imaging3-Inc-Grapefruit-Announces-Closing-of-the-Second-Auctus-Tranche-of-1-400-000-of-New-Working-Capital-for-Grapefruit.html

August 15, 2019 Grapefruit Announces change to Parent Company name to Grapefruit USA, Inc. and new ticker symbol. Results of operations to be announced on Grapefruit’s Third Quarter 10-K Filing

https://www.globenewswire.com/news-release/2019/08/15/1902334/0/en/Imaging3-Inc-Grapefruit-Comments-on-June-30-2019-Results-Released-on-August-14-OTCQB-Application-Refresh.html

August 5, 2019 Grapefruit Announces Launch of New Line of Flavored CBD & THC Oil Infused Vaporization CCell Cartridges under the trade name “Rainbow Dreams”

https://www.globenewswire.com/news-release/2019/08/05/1896714/0/en/Imaging3-Inc-Grapefruit-Launches-A-New-Line-of-Flavored-CBD-THC-Oil-Infused-Vaporization-CCell-Cartridges-Branded-under-the-trade-name-Rainbow-Dreams.html

July 29, 2019 Grapefruit Announces Filing of Registration Statement Achieving Milestone Goal

https://www.globenewswire.com/news-release/2019/07/29/1892681/0/en/Imaging3-Inc-Grapefruit-Announces-Filing-of-Registration-Statement.html

July 18, 2019 Grapefruit Announces Entry into Letter of Intent with Dogwood Management, Inc. Group to Target, Acquire and Manage California Licensed Retail Cannabis Dispensaries.

https://www.globenewswire.com/news-release/2019/07/18/1884437/0/en/Grapefruit-Announces-Entry-into-Letter-of-Intent-with-Dogwood-Management-Inc-Group-to-Target-Acquire-and-Manage-California-Licensed-Retail-Cannabis-Dispensaries.html

July 8, 2019 Final Impediment to Formal Closing of Grapefruit’s Reverse Acquisition of Imaging3, Inc. Removed

https://www.globenewswire.com/news-release/2019/07/08/1879314/0/en/Imaging3-Inc-Grapefruit-Boulevard-Investments-Inc-Finalize-Settlement-of-Outstanding-Invoice-from-Greenberg-Glusker.html

https://vimeo.com/340553825

June 5, 2019 IGNG: Reverse Acquisition- MoneyTV with Donald Baillargeon

June 3, 2019 Grapefruit Boulevard Investments, Inc. Shareholders Close Their Reverse Acquisition of Imaging 3, Inc (“IGNG”) and $10,000,000 Debt and Equity Financing:

https://www.globenewswire.com/news-release/2019/06/03/1863041/0/en/Grapefruit-Boulevard-Investments-Inc-Shareholders-Close-Their-Reverse-Acquistion-of-Imaging-3-Inc-IGNG-and-10-000-000-Debt-and-Equity-Financing-by-Auctus-Fund-LLC.html