PNXPServices-Prepackaged SoftwareIFRS · EUR

Pineapple Express Cannabis Co

Pineapple Express Cannabis Co is a Nevada corporation based in Los Angeles that focuses on strategic investments, advisory services, and direct operations tied to the legal cannabis and consumer product industries. The company has historically participated in cannabis retail through an equity interest in a California operator and has also moved into blockchain-based software infrastructure for cannabis supply-chain traceability and product authentication.

Liikevaihto0,0milj. EUR
Liikevoitto (EBIT)−0,0milj. EUR
+71,7 %v/v
EBIT-marginaali−104,3%
Nettotulos−0,0milj. EUR
+47,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−0,075−0,050−0,0250,0000,0250,050milj. EUR2020: 0,04 milj. EUR2020: EBIT −0,00 milj. EUR20202021: 0,01 milj. EUR2021: EBIT 0,05 milj. EUR20212022: 0,01 milj. EUR2022: EBIT −0,05 milj. EUR20222023: 0,01 milj. EUR2023: EBIT −0,02 milj. EUR20232024: 0,00 milj. EUR2024: EBIT −0,06 milj. EUR20242025: 0,02 milj. EUR2025: EBIT −0,02 milj. EUR20250,02−0,02
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Strategic investments25 %

Equity and capital support for early-stage companies in cannabis and adjacent consumer products.

Advisory services20 %

Operational and management guidance provided to portfolio and operating businesses.

Cannabis retail operations20 %

Indirect participation in dispensary and retail cannabis businesses through ownership interests.

Blockchain PaaS25 %

Centralized software platform for cannabis authentication, provenance, and traceability.

Compliance and consumer engagement tools10 %

Inventory, lab-result, royalty, and rewards features for cannabis ecosystem users.

Asiakkaat

The company serves cannabis operators, early-stage cannabis ventures, and related consumer-product businesses that need capital, operating support, or compliance infrastructure. Its software and advisory offerings are aimed at growers, retailers, and regulators that require traceability, authentication, and inventory integration across the cannabis supply chain.

Cannabis growers

Buy traceability, provenance, and compliance software to track product flow and lab results.

Retail dispensaries

Use authentication and inventory tools to reduce counterfeiting and manage product verification.

Early-stage cannabis ventures

Receive strategic capital and advisory support to build operating businesses.

Regulators and compliance stakeholders

Interact with the platform's verified records and supply-chain data.

Consumer product partners

Participate in adjacent cannabis-related product and brand development efforts.

Strategia

The company is building around two themes: investing in and advising cannabis-related businesses, and developing software infrastructure for cannabis authentication and traceability. Its strategic position depends on finding operating businesses and technology assets that can serve a regulated industry where compliance, provenance, and product verification matter.

Develop cannabis software infrastructureKeskipitkä aikaväli

Traceability and authentication can create recurring utility in a regulated supply chain.

Invest in early-stage cannabis businessesKeskipitkä aikaväli

Equity stakes and advisory roles provide exposure to operating upside across the sector.

Build compliance-oriented ecosystem relationshipsLyhyt aikaväli

Cannabis businesses need tools that help them manage regulation, inventory, and provenance.

Maantiede

The company is based in Los Angeles, California and has historically been tied to cannabis retail operations in California. It is incorporated in Nevada and also has a Wyoming-based software platform business through GROOVY, reflecting a multi-state structure centered on U.S. cannabis markets.

Riskit

The business is exposed to federal-state legal conflict in cannabis, contract enforceability issues, banking access constraints, and changing regulation. It also faces start-up and going-concern risk because the model depends on external capital, limited operating history, and successful commercialization of new investments and software assets.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Going-concern and capital dependence1Banking access constraints4Contract enforceability5Federal cannabis illegality2Regulatory change3
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Going-concern and capital dependenceVaikutus: KriittinenTodennäköisyys: Kohtalainen

    The company has limited operating history and relies on external financing to fund operations.

    Kohdistuu: Corporate liquidity and expansion plans

  2. Federal cannabis illegalityVaikutus: KorkeaTodennäköisyys: Korkea

    Cannabis remains illegal under U.S. federal law even where state law permits it, creating legal and operational uncertainty.

    Kohdistuu: Cannabis retail and related services

  3. Regulatory changeVaikutus: KorkeaTodennäköisyys: Korkea

    Cannabis laws and enforcement priorities can change quickly and alter the economics of the business.

    Kohdistuu: U.S. cannabis markets

  4. Banking access constraintsVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Financial institutions may refuse services to cannabis-related businesses, complicating cash management and operations.

    Kohdistuu: Operating subsidiaries and clients

  5. Contract enforceabilityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Cannabis-related contracts may be difficult to enforce in federal or certain state courts.

    Kohdistuu: Investment and advisory agreements

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition and collectability

Reported revenues were small and some were later considered uncollectible, affecting the quality of earnings.

Vaikutus: Can distort operating performance and cash conversion

Derivative instruments

Change in derivative value affected other income/expense in the interim period.

Vaikutus: Can create volatility below operating income

Debt discount amortization

Amortization of debt discount increased financing-related expense.

Vaikutus: Raises reported interest expense over time

Impairment of investments and intangibles

Cannabis and software-related assets may require impairment if expected cash flows weaken.

Vaikutus: Could materially reduce earnings and asset values

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Päivitetty: 24.9.2026