Pineapple Ventures, a Pineapple Express, Inc. Brand Licensee, Launches Pineapple Express Wellness – a CBD Branded Products and E-commerce Website
LOS ANGELES, March 05, 2019 (GLOBE NEWSWIRE) -- PINEAPPLE EXPRESS, INC. (OTC Grey: PNPL) (the “Company”), a publicly traded company that offers consulting, technology, investments, turn-key property rentals and branding concepts to businesses in the legal cannabis industry, today announced an expansion of its retail offerings with the launch of the Pineapple Express Wellness website by its brand licensee Pineapple Ventures, Inc. The website is located at URL www.pineappleexpresswellness.com. Poised to be a premiere E-commerce website selling branded CBD Products derived from hemp, Pineapple Express Wellness ships to 41 states and The District of Columbia.
According to the Company, Pineapple Express Wellness is a unique and seamless blend of e-commerce, content, and community. The e-commerce site features what Company management believes to be an extensive selection of the finest quality CBD products available. Content consists of product quality testing, product reviews, as well as soon to be launched in-depth educational content and insights form the top experts in CBD and wellness.
Matthew Feinstein, VP of Sales for the Company’s newly formed Hemp CBD Division stated,
Pineapple Express Wellness products have been created as a best-of-class offering made with the highest grade cannabidiol and tested for purity, quality and dose. The expanding product line currently consists of CBD tinctures for humans, CBD tinctures for pets, CBD bath soaks, CBD vapes, CBD body lotions, CBD body balms, transdermal CBD patches, transdermal CBD gel pens, and CBD personal lubricants. New products offerings will be in the marketplace and available for sale on a weekly basis
About Pineapple Express, Inc.
Pineapple Express, Inc. 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 we intend to be supported by Company-owned cultivation and processing facilities, and will feature products from Company-owned manufacturers. We currently engage in product licensing, leasing to and investing in existing and new canna-businesses, selling industry specific technology, and providing ancillary support services. We believe that our competitive advantages include our wealth of experience, business model, exclusive proprietary technology and intellectual property, 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.
All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “expects”, “anticipates”, “intends”, “estimates”, “plans”, “potential”, “possible”, “probable”, “believes”, “seeks”, “may”, “will”, “should”, “could” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These factors include uncertainties as to the application and enforcement of U.S. and state federal laws in the cannabis industry (including to the Company’s business activities and the business activities of some of its customers and counterparties), ability to attract new canna-business clientele, successfully implementing the Company’s growth strategy (including relating to the Company’s intention to create a nationally branded and vertically integrated chain of cannabis retail stores under the “Pineapple Express” name and anticipated development of Company-owned cultivation and processing facilities), dependence on key Company personnel, timing of the filing the Company’s Form 211 with FINRA and clearing related comments, obtaining approval for the Company’s common stock to be quoted on one of the three OTC Markets, changes in economic conditions, competition and other risks including, but not limited to, those described from in the Company’s Registration Statement on Form 10, filed with the Securities and Exchange Commission on January 23, 2018 (the “SEC”), and other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements except as may be required by law.