Matthew Feinstein acquired 22.8% stake in Pineapple, Inc. from Jaime Ortega for $0.1 million.
January 30, 2023
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Matthew Feinstein acquired 22.8% stake in Pineapple, Inc. (OTCPK:PNPL) from Jaime Ortega for $0.1 million on January 10, 2023. Under the binding letter of intent, Jaime Ortega transferred 20,790,000 shares to Matthew Feinstein. Matthew Feinstein and Jaime Ortega are the Co-Founders of Pineapple, Inc.
Matthew Feinstein completed the acquisition of 22.8% stake in Pineapple, Inc. (OTCPK:PNPL) from Jaime Ortega on January 10, 2023.
Pineapple, Inc. procures and leases properties to licensed cannabis operators. The Company, through its wholly owned subsidiary, Pineapple Wellness, inc., provides nationwide hemp-derived cannabidiol (CBD) sales through online (Pineapplewellness.com) and in-store transactions. Its hemp CBD products are organically grown, non-GMO, donât contain heavy metals or toxins and contain no heavy solvents. From plant to bottle, it offers lab-tested, quality CBD products that are natural and potent and contain less than 0.3% Tetrahydrocannabinol (THC). Through its other subsidiary, Pineapple Express Consulting Inc., it also offers cannabis business licensing and consulting services.