Pineapple, a company in the legal cannabis industry that focuses on non-plant touching activities, such as leases to licensed cannabis operators, online and in-store hemp-derived CBD transactions, and cannabis business licensing and consulting services, has completed its acquisition of Pineapple Wellness, Inc. and its e-commerce platform, PineappleWellness.com.
“This acquisition was a long time in the making and was delayed for months while we developed the asset prior to its finalization. We now are the proud benefactors of a fully functioning e-commerce website, trademarks, and also a noteworthy brand name and branded domain of Pineapple Wellness. In addition, we are building a first-in-class wellness store at the intersection of Pico and Robertson, just steps away from Beverly Hills. We couldn’t be happier with this outcome. This subsidiary is a nice complement to our existing cannabis real estate leasing ventures," said Pineapple Chairman Matthew Feinstein.