QualityStocksNewsBreaks – Grapefruit Boulevard Investments, Inc. (IGNG) Enters Reseller LOI with Pacific Banking Corp.
Grapefruit Boulevard Investments (“GBI”), a licensed and fully compliant California based cannabis distribution and manufacturing company and a wholly owned subsidiary of Imaging3, Inc. (OTCQB: IGNG) (collectively “Grapefruit”), today announced its entry into a non-binding reseller letter of intent (“LOI”) with Seattle, Washington based Pacific Banking Corp. (“PBC”). Under the agreement, Grapefruit will market PBC’s unique, innovative and compliant banking services to properly licensed and compliant cannabis and hemp companies in Southern California which meet certain PBC qualitative criteria and metrics. “Our relationship with Mr. Costello grew to the point that on or about September 11, 2019, we appointed him…