Welcome to our dedicated page for Pineapple Express Cannabis Co news (Ticker: PNXP), a resource for investors and traders seeking the latest updates and insights on Pineapple Express Cannabis Co stock.
Pineapple Express Cannabis Co (PNXP/PINYA XP) is a technology innovator leveraging blockchain and QR-NFT authentication to ensure cannabis product integrity. This page serves as the definitive source for verified corporate announcements, financial updates, and operational developments.
Investors and industry stakeholders will find timely updates on supply chain innovations, strategic partnerships, and regulatory compliance milestones. Our curated news feed covers earnings reports, technology deployments of the GROOVY Platform, and advancements in strain protection through the Geno-NFT Library.
Bookmark this page to monitor PNXP's progress in combating counterfeit products while enhancing transparency across cultivation, distribution, and consumer verification processes. All content is sourced from official releases to ensure accuracy and compliance with financial disclosure standards.
Pineapple Express Cannabis Company (OTC PINK:PNXP) and GROOVY Company have announced a strategic Share Exchange Agreement on March 11, 2025. Under the agreement, Pineapple Express will acquire a controlling interest in GROOVY through an exchange of 350,000,000 shares of GROOVY's Series A Preferred shares for 5,000,000 shares of Pineapple Express common stock.
The partnership combines GROOVY's blockchain-based cannabis authentication platform, which operates as a centralized Hyperledger Platform as a Service (PaaS), with Pineapple Express's established cannabis industry presence. The merger aims to enhance transparency and trust in cannabis product verification and authentication.
Pinya XP (USOTC:PNXP), formerly Pineapple Express Cannabis Company, has launched its new corporate website at pinya.ai, showcasing its GROOVY PaaS 4IR Ecosystem for cannabis authentication technology. The company unveiled three digital platforms:
- Main corporate site featuring blockchain-based authentication technology and GROOVY platform details
- PINYA Wiki (pinya.wiki) offering technical documentation and implementation guides
- PINYA News (pinya.news) covering industry developments and company updates
The new digital hub includes interactive demonstrations of the GROOVY authentication process, QR-NFT tag technology, and Geno-NFT Library for strain protection. The platform features a mobile application enabling consumers to verify cannabis products through QR-NFT tag scanning, accessing product information and earning rewards. The launch aligns with the company's recent leadership transition and relocation to Atlanta, Georgia.
Pineapple Express Cannabis Company (PNXP) has appointed Kevin Jodrey as Chief Cannabis Officer (CCO), effective immediately. Jodrey, a Humboldt County cultivation expert and internationally recognized authority on cannabis genetics, will lead the development of the company's GROOVY platform's Geno-NFT Library and strain authentication protocols.
As the creator of Port Royal, owner of Wonderland Nursery, and co-founder of The Ganjier, Jodrey brings decades of expertise in cannabis cultivation. His work has been featured in major publications including the New York Times and Washington Post. In his new role, he will guide genetic authentication protocols and serve as an ambassador to the cultivation community.
The appointment aims to enhance PINYA XP's ability to protect intellectual property for growers while ensuring authentic products reach consumers through their blockchain-based GROOVY platform.
Pineapple Express Cannabis Company (OTC PINK:PNXP), now known as PINYA XP, has appointed Marc Williams as Chief Operations Officer (COO), effective immediately. Williams brings over 30 years of executive experience across Canada, the United States, and Colombia, with expertise in project development and emerging technologies.
From 2017 to 2023, Williams served as CEO of Planta Vida SAS, a licensed cannabis cultivator managing over 100 hectares in Colombia, where he implemented strategic social business practices. Earlier, he co-founded CapturePlay in 2013, creating a tokenized asset skill-based gaming platform that utilized blockchain technology for transaction tracking.
As COO, Williams will oversee PINYA XP's day-to-day operations, implementation of the GROOVY platform for cannabis authentication, and development of strategic partnerships to expand the company's footprint in the cannabis authentication technology sector.
PINYA XP (OTC PINK:PNXP), a cannabis authentication technology company, has announced a live corporate update on X Spaces scheduled for March 1, 2025, at 11:00 AM EST. The session, titled 'PINYA XP: New Leadership and Strategic Direction,' will feature the company's newly formed leadership team discussing their transformation strategy following recent leadership changes and headquarters relocation to Atlanta.
The interactive session will cover key topics including:
- Introduction of the new leadership team
- Strategic relocation to Atlanta technology hub
- Development roadmap for the GROOVY PaaS platform
- Expansion plans and market opportunities
- Technology differentiation and competitive advantages
- Upcoming milestones and corporate initiatives
Pineapple Express Cannabis Company (PNXP) has filed a federal trademark application with the USPTO for its PINYA XP brand and logo. The application, assigned Serial Number 99046064, covers the company's visual identity featuring a mint green stylized pineapple with geometric patterns and orange-red text.
The trademark specifically encompasses Platform as a Service (PaaS) offerings in International Class 042, including the company's GROOVY platform for cannabis authentication and safety. The platform's services include QR-NFT authentication technology, blockchain-based verification, Geno-NFT Library for strain protection, analytics, supply chain tracking, and consumer rewards systems.
Pineapple Express Cannabis Company (OTC: PNXP) announced a significant leadership change as Matthew Feinstein steps down from his positions as CEO, President, and Chairman of the Board. The Board has appointed Frank Yglesias as the new CEO, President, and Chairman, effective immediately.
The company also revealed its strategic relocation from Los Angeles to Atlanta, Georgia, positioning itself for future growth and innovation. Under the new leadership, PNXP plans to transform into a cannabis authentication technology leader, with plans to launch the GROOVY platform for product safety and consumer rewards.
The incoming CEO emphasized the company's focus on leveraging Fourth Industrial Revolution (4IR) technology in the cannabis industry and committed to providing regular updates to shareholders through the company's official X account.
Pineapple Consolidated, Inc. (PCI), a 25% minority-owned asset of Pineapple Express Cannabis Company (OTC: PNXP), faces a lawsuit from rapper 2 Chainz over his investment in PCI's Hollywood cannabis dispensary. The lawsuit comes after the dispensary's temporary closure in late July and throughout August. PCI is working to resolve the issue through private arbitration, as stipulated in their agreement with 2 Chainz's investment group.
The temporary closure is due to a court-ordered restructuring of ownership, involving the removal of a social equity partner. This precautionary measure ensures compliance with local cannabis regulations during the ownership transition. The Hollywood dispensary is set to relaunch on September 1st, fully compliant with local and state laws.
Pineapple Express Cannabis Company (OTC: PNXP) has signed a significant revenue-generating contract through its subsidiary, Ananas Growth Ventures (AGV), with Pineapple Consolidated to receive 50% of management fee revenue from multiple cannabis dispensaries in Los Angeles.
This agreement includes seven retail locations in key areas such as Hollywood, Venice Blvd., Van Nuys, Echo Park, Ventura Blvd., Northridge, and Beverly Grove. The deal is effective from April 20, 2024, and was ratified on June 10, 2024. In exchange, AGV has issued a $5 million promissory note with 1% annual interest, payable by April 20, 2029.
CEO Matthew Feinstein emphasized that this move is important for the company's sustainable and profitable growth, particularly in light of the impending cannabis rescheduling in the U.S.
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