Grapefruit USA, Inc.


$0.00095 USD

$0.0 (-9.52%)

Average Volume
Market Capitalization
P/E Ratio
Dividend Yield
Price Target
Year High
Year Low
Payout Ratio
Current Ratio

Industry, Sector & symbol

Stock Exchange Other OTC
CEO Mr. Bradley J. Yourist
Industry Drug Manufacturers—Specialty & Generic
Sector Healthcare
Current Symbol GPFT
CUSIP 388598104
CIK 0001205181
Phone 310 575 1175
Currency USD
Employees 9
Country US


Debt-to-Equity Ratio -0.72
Payout Ratio 0.00
Current Ratio 0.00
Quick Ratio 0.00
Cash Ratio 0.00

Sales & Book Value

Annual Sales $39786
Price / Sales 93.21
Cash Flow 0.00
Price / Cash Flow -60.60
Price / Book -0.13

Price Target and Rating

Average Stock Price Forecast $
High Stock Price Forecast $
Low Stock Price Forecast $
Forecast Upside/Downside %
Consensus Rating Sell
Rating Score(0-5) 2
Research Coverage 0 Analysts


EPS (Most Recent Fiscal Year) $-0.0056
Trailing P/E Ratio -0.33
PEG Ratio -0.02
P/E Growth -0.02
Net Income $-3.78M
Net Margin -37774.17%
Pretax Margin -37774.17%
Return on Equity 42.12%
Return on Assets -177.93%

Financials Score

AltmanZ Score -29.83
Piotroski Score 2.00
Working Capital -8.45M
Total Assets 1.55M
Ebit -1.55M
Market Cap 688.71K
Total Liabilities 8.48M

Poll Results

About Grapefruit USA, Inc. (PNK:GPFT) Stock

Grapefruit USA, Inc. operates as a manufacturer and distributor of cannabis products in California. It primarily provides Hourglass, a time release THC+CBD-infused topical cream through online store. The company was formerly known as Grapefruit Boulevard Investments, Inc. and changed its name to Grapefruit USA, Inc. in January 2020. Grapefruit USA, Inc. was founded in 2017 and is based in Wilmington, Delaware. ...

Canna-Biotech Co. Grapefruit USA Signs Term Sheet With Dubai-Based Lender To Build GPFT 'Mothership'

2022-02-16 07:46:54

California-based canna-biotech company Grapefruit USA, Inc. (OTCQB:GPFT) has executed a term sheet with the Al Habtoor Group, located in Dubai, UAE, to finance development of its 2-acre lot in the Coachillin' Canna-Business Park in Desert Hot Springs, California, located just North of Palm Springs. The process now moves to the due diligence phase.

Grapefruit USA, Inc. Announces Expanded Agreement with Canadian Firms Medz Cannabis and 6PAK Solutions to Shepherd Grapefruit's Patented Hourglass™ Time Release THC+CBD Delivery Cream Through Health Canada's Regulatory Process

2021-10-13 06:00:00

LOS ANGELES and DESERT HOT SPRINGS, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere California-based cannabis and hemp company, is pleased to announce it has entered into a formal collaboration with Canadian companies 6PAK Solutions Inc. and Medz Cannabis, Inc., 6PAK's partner and license holder, to bring Grapefruit's patented Hourglass™ Time Release THC+CBD Delivery Topical Relief Cream to market throughout Canada. The formal collaboration agreement cements the strategic alliance with 6PAK Solutions Inc., a well-respected Canadian cannabis manufacturer and arm of ATG Pharma Inc.

Grapefruit USA, Inc. Acquires Controlling Interest in Summit Boys, Inc. of Monterey, Calif., in Stock-for-Stock Exchange

2021-09-15 06:00:00

LOS ANGELES and DESERT HOT SPRINGS, Calif., Sept. 15, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today announces that on Friday, Sept. 10, 2021, the Company closed on the acquisition of a controlling interest in Monterey, California-based Summit Boys, Inc. (“Summit Boys”) from one of Summit Boys' founders in a stock-for-stock transaction valued at $250,000, based on GPFT's Sept. 10, 2021, closing price. All Summit Boys revenues will henceforth be consolidated with Grapefruit's financial statements.

Grapefruit USA, Inc. Issues Further Update Concerning Formation of Joint Venture with Canadian Partner to Distribute Hourglass Products in Canada, Possible Acquisition

2021-09-07 06:00:00

LOS ANGELES and DESERT HOT SPRINGS, Calif., Sept. 07, 2021 (GLOBE NEWSWIRE) -- via InvestorWire -- Grapefruit USA, Inc. (OTCQB: GPFT) (“Grapefruit” or the “Company”), a premiere, fully licensed California-based cannabis company, today provides further updates to its March and May 2021 announcements concerning its discussions with a Canadian cannabis company regarding development of a memorandum of understanding (“MOU”) setting forth terms under which the parties could enter into a joint venture to jointly manufacture, distribute and market Grapefruit's products, including, but not limited to, Grapefruit's patented disruptive Hourglass™ THC/cannabinoid time-release delivery cream throughout Canada.

Grapefruit Clarifies Potential Ramifications of Senate Majority Leader Schumer's Push to Federally Legalize Cannabis

2021-07-19 06:00:00

LOS ANGELES and DESERT HOT SPRINGS, Calif., July 19, 2021 (GLOBE NEWSWIRE) -- via InvestorWire – Grapefruit USA, Inc., (“GPFT,” “Grapefruit” or the “Company”) (OTCQB: GPFT), a California based cannabis company, today sets forth its position on the potential enactment of The Cannabis Administration and Opportunity Act (the “ACT”), a discussion draft of which was publicly released by Sen. Chuck Schumer (D-NY), Sen. Ron Wyden (D-OR) and Sen. Cory Booker (D-NJ) on July 14, 2021. The ACT, as presented in the discussion draft, will effectively legalize cannabis use at the federal level by removing cannabis from the federal list of controlled substances. It would also empower states to implement their own adult (21 and over) recreational cannabis laws as has already been done in 18 states including California, where Grapefruit is based and currently operating, as well as the District of Columbia, the northern Marianas Islands and Guam. In addition, 37 states, Washington, D.C., Puerto Rico, Guam and the U.S. Virgin Islands have advanced laws which have legalized medically prescribed cannabis for use in their jurisdictions. According to the official summary of the discussion draft of the ACT, more than 90% of Americans believe cannabis should be legal for adult and/or medical use.

Frequently Asked Questions

What is the current Grapefruit USA, Inc. (GPFT) stock price?

Grapefruit USA, Inc.(PNK:GPFT) stock price is $0.00095 in the last trading session. During the trading session, GPFT stock reached the peak price of $4 while $9.0E was the lowest point it dropped to. The percentage change in GPFT stock occurred in the recent session was --9.52% while the dollar amount for the price change in GPFT stock was -$-0.0.

GPFT's industry and sector of operation?

The PNK listed GPFT is part of Drug Manufacturers—Specialty & Generic industry that operates in the broader Healthcare sector.

Who are the executives of GPFT?

Mr. Daniel J. Yourist | Chief Operating Officer, Corporate Secretary & Director
Mr. Bradley J. Yourist | Chairman of the Board, Chief Executive Officer & President
Mr. Kenneth J. Biehl | Executive Vice President & Chief Financial Officer
Beth Jones | Chief Compliance Officer
Chantel Lee | Head of Sales & Marketing

How many employees does GPFT have?

Number of GPFT employees currently stands at 9. GPFT operates from 1000 Northwest Street, Wilmington, DE 19801, US.

Link for GPFT official website?

Official Website of GPFT is:

How do I contact GPFT?

GPFT could be contacted at phone #310 575 1175 and can also be accessed through its website. GPFT operates from 1000 Northwest Street, Wilmington, DE 19801, US.

How many shares of GPFT are traded daily?

The average number of GPFT shares traded daily for last 3 months was 645.99K.

What is the market cap of GPFT currently?

The market value of GPFT currently stands at $681.53K with its latest stock price at $0.00095