Lake Victoria Mining, Inc. Signs Letter of Intent for Reverse Acquisition by Budtrader.com - Seite 3

Yourist continued, “An additional, not insignificant, aspect of our collaboration is that we believe our recent experience with the reverse acquisition of Imaging3, Inc. will lessen the time expense, and distraction BudTrader will suffer in connection with the regulatory requirements, audit issues and public company issues they will encounter as they complete their audit, file their registration statement on Form 10 and eventually become a fully reporting company and allow them to expend more corporate resources on growing their user base and less on public company issues.

We anticipate that Grapefruit’s ever-expanding relationship with Brad McLaughlin and the team at www.BudTrader.com will add market value to both GPFT and LVCA. Also, Brad is a master marketer and will join Grapefruit’s marketing team in its efforts to gain national exposure for our patented Patchless-Patch, the world’s first, patented time-release topical cream that delivers a predictable level of THC/CBD via the skin. Through the use of this patented time release technology Grapefruit will be able to ‘customize your high’ by using the well-known entourage effect to deploy different cannabinoids, such as THC, CBN, CBD and CBC together in a blend.

BudTrader’s founder and cannabis industry online innovator Brad McLaughlin commented, “We have been working with Grapefruit studying advanced data analytics from the legal cannabis marketplace and immediately recognized the synergy between Grapefruit and BudTrader at both the corporate culture and management team level. It’s a natural fit.”
   

About GRAPEFRUIT/LVCA

The Grapefruit/LVCA corporate headquarters is in Westwood, Los Angeles, California. Grapefruit holds California permits and licenses to both manufacture and distribute cannabis products. Grapefruit’s extraction laboratory and distribution facilities are located in the industry recognized Coachillin’ Industrial Cultivation and Ancillary Canna-Business Park in Desert Hot Springs, located on the extension of North Canyon Rd., approximately 14 miles north of downtown Palm Springs. Grapefruit obtained its California cannabis licenses in January 2018 and commenced distribution of cannabis products thereafter. Grapefruit’s vision is to become a seed to sale, fully vertically integrated ethical and compliant cannabis product Company. To obtain further information on Grapefruit and its operations, please visit its website at https://grapefruitblvd.com/. To learn more about Grapefruit’s Sugar Stoned branded line of infused edibles, please visit us at https://sugarstoned.com/.