Pineapple Express, Inc. Completes Requisite Audit & Will File to Officially Go Public By Year-End!
Company Management confirmed the following recent developments:
- They have completed their recent voluntary audit covering their wholly owned subsidiary, THC Industries LLC as well as their parent company, Pineapple Express, Inc. Now that these audits are complete, they will immediately file their registration statement with the SEC by year-end.
- Contingent upon filing of the registration statement with the SEC, the Board of Directors had approved a 2-1 restricted stock dividend to shareholders of record on December 31, 2017, which shall now be extended through April 30, 2018. Additional details on the dividend will be provided upon filing of their registration statement with the SEC.
About Pineapple Express, Inc.
The Company is based in Los Angeles, California. Through our operating subsidiary Pineapple Express Consulting, Inc., we provide capital to our canna-business clientele, lease real properties to those canna-businesses, and provide consulting and technology to develop, enhance, or expand existing and newly formed infrastructures. We intend to create a nationally branded chain of cannabis retail stores under the “Pineapple Express” name, which will be supported by anticipated Company-owned cultivation and processing facilities, and will feature products from anticipated Company-owned manufacturers. We believe that our competitive advantages include our wealth of experience, business model, exclusive proprietary technology, and key industry contacts in an industry that is foreign to most. It is our expectation that these factors will set us apart from most of our competitors.