Pineapple Express Cannabis Company Announces Leadership Transition
Pineapple Express Cannabis Company (OTC: PNXP) announced a significant leadership change as Matthew Feinstein steps down from his positions as CEO, President, and Chairman of the Board. The Board has appointed Frank Yglesias as the new CEO, President, and Chairman, effective immediately.
The company also revealed its strategic relocation from Los Angeles to Atlanta, Georgia, positioning itself for future growth and innovation. Under the new leadership, PNXP plans to transform into a cannabis authentication technology leader, with plans to launch the GROOVY platform for product safety and consumer rewards.
The incoming CEO emphasized the company's focus on leveraging Fourth Industrial Revolution (4IR) technology in the cannabis industry and committed to providing regular updates to shareholders through the company's official X account.
Pineapple Express Cannabis Company (OTC: PNXP) ha annunciato un cambiamento significativo nella leadership, con Matthew Feinstein che si dimette dalle sue posizioni di CEO, Presidente e Presidente del Consiglio. Il Consiglio ha nominato Frank Yglesias come nuovo CEO, Presidente e Presidente, con effetto immediato.
La società ha anche rivelato il suo spostamento strategico da Los Angeles ad Atlanta, Georgia, posizionandosi per una futura crescita e innovazione. Sotto la nuova leadership, PNXP prevede di trasformarsi in un leader nella tecnologia di autenticazione della cannabis, con l'intenzione di lanciare la piattaforma GROOVY per la sicurezza dei prodotti e i premi per i consumatori.
Il nuovo CEO ha sottolineato l'attenzione dell'azienda sull'utilizzo della tecnologia della Quarta Rivoluzione Industriale (4IR) nell'industria della cannabis e si è impegnato a fornire aggiornamenti regolari agli azionisti attraverso l'account ufficiale X dell'azienda.
Pineapple Express Cannabis Company (OTC: PNXP) anunció un cambio significativo en el liderazgo, ya que Matthew Feinstein renuncia a sus cargos de CEO, Presidente y Presidente de la Junta. La Junta ha nombrado a Frank Yglesias como el nuevo CEO, Presidente y Presidente, con efecto inmediato.
La empresa también reveló su reubicación estratégica de Los Ángeles a Atlanta, Georgia, posicionándose para un futuro crecimiento e innovación. Bajo el nuevo liderazgo, PNXP planea transformarse en un líder en tecnología de autenticación de cannabis, con planes de lanzar la plataforma GROOVY para la seguridad del producto y recompensas para los consumidores.
El nuevo CEO enfatizó el enfoque de la empresa en aprovechar la tecnología de la Cuarta Revolución Industrial (4IR) en la industria del cannabis y se comprometió a proporcionar actualizaciones regulares a los accionistas a través de la cuenta oficial de X de la empresa.
파인애플 익스프레스 대마초 회사 (OTC: PNXP)가 CEO, 회장 및 이사회 의장직에서 매튜 파인스타인이 사임함에 따라 중요한 리더십 변화를 발표했습니다. 이사회는 프랭크 이글레시아스를 새로운 CEO, 회장 및 이사회 의장으로 즉시 임명했습니다.
회사는 또한 로스앤젤레스에서 조지아주 애틀랜타로의 전략적 이전을 발표하며, 향후 성장과 혁신을 위한 포지셔닝을 하고 있습니다. 새로운 리더십 아래, PNXP는 대마초 인증 기술의 선두주자로 변모할 계획이며, 제품 안전 및 소비자 보상을 위한 GROOVY 플랫폼을 출시할 예정입니다.
새로운 CEO는 대마초 산업에서 4차 산업 혁명(4IR) 기술을 활용하는 데 회사의 집중을 강조하며, 회사의 공식 X 계정을 통해 주주들에게 정기적인 업데이트를 제공할 것을 약속했습니다.
Pineapple Express Cannabis Company (OTC: PNXP) a annoncé un changement significatif de direction, Matthew Feinstein démissionnant de ses fonctions de PDG, Président et Président du Conseil. Le Conseil a nommé Frank Yglesias comme nouveau PDG, Président et Président, avec effet immédiat.
L'entreprise a également révélé son déménagement stratégique de Los Angeles à Atlanta, Géorgie, se positionnant pour une croissance et une innovation futures. Sous la nouvelle direction, PNXP prévoit de se transformer en leader de la technologie d'authentification du cannabis, avec des projets de lancement de la plateforme GROOVY pour la sécurité des produits et les récompenses des consommateurs.
Le nouveau PDG a souligné l'engagement de l'entreprise à tirer parti des technologies de la Quatrième Révolution Industrielle (4IR) dans l'industrie du cannabis et s'est engagé à fournir des mises à jour régulières aux actionnaires via le compte officiel X de l'entreprise.
Pineapple Express Cannabis Company (OTC: PNXP) hat eine bedeutende Veränderung in der Führung angekündigt, da Matthew Feinstein von seinen Positionen als CEO, Präsident und Vorsitzender des Vorstands zurücktritt. Der Vorstand hat Frank Yglesias zum neuen CEO, Präsidenten und Vorsitzenden ernannt, mit sofortiger Wirkung.
Das Unternehmen gab auch seinen strategischen Umzug von Los Angeles nach Atlanta, Georgia bekannt, um sich für zukünftiges Wachstum und Innovation zu positionieren. Unter der neuen Führung plant PNXP, sich in einen führenden Anbieter von Cannabis-Authentifizierungstechnologien zu verwandeln und plant die Einführung der GROOVY-Plattform für Produktsicherheit und Verbraucherbelohnungen.
Der neue CEO betonte den Fokus des Unternehmens auf die Nutzung der Technologien der vierten industriellen Revolution (4IR) in der Cannabisindustrie und verpflichtete sich, den Aktionären über das offizielle X-Konto des Unternehmens regelmäßige Updates bereitzustellen.
- Strategic relocation to Atlanta tech hub positions company for growth
- Planned launch of GROOVY platform for cannabis authentication and consumer rewards
- New leadership brings blockchain and public markets expertise
- Abrupt CEO departure indicates potential organizational instability
- Relocation costs and operational disruption may impact short-term performance
Blockchain Pioneer and Public Markets Executive Frank Yglesias Appointed CEO of Pineapple Express Cannabis Company (OTC: PNXP); Strategic Relocation to Atlanta Tech Hub Signals Transformation into Cannabis Authentication Technology Leader, Launching Revolutionary GROOVY Platform for Product Safety and Consumer Rewards.
ATLANTA, GEORGIA / ACCESS Newswire / February 19, 2025 / Pineapple Express Cannabis Company (USOTC:PNXP) ("PNXP" or the "Company"), today announced that Matthew Feinstein has stepped down from his positions as Chief Executive Officer, President, and Chairman of the Board. The Board of Directors has appointed Franjose "Frank" Yglesias as Chief Executive Officer, President, and Chairman, effective immediately.
"On behalf of the Board of Directors and the Investor Community, we want to thank Matt for his dedication and contributions to Pineapple Express Cannabis Company," said Frank Yglesias, incoming CEO. "Under his leadership, the company established a strong foundation in the cannabis industry, and we wish him the best in his future endeavors."
The Company also announces the relocation of its corporate headquarters from Los Angeles, California to Atlanta, Georgia, positioning the company for its next phase of growth and innovation.
"I am honored to lead Pineapple Express Cannabis Company into its next chapter," said Yglesias. "We see tremendous opportunities to leverage cutting-edge Fourth Industrial Revolution (4IR) technology to revolutionize the cannabis industry. In the next few weeks, we will be in a highly transitional phase in which I will keep the shareholder community abreast on an almost daily basis on our official X account https://x.com/pinyaxp," said Yglesias.
About Frank Yglesias
Frank Yglesias brings extensive experience in technology, blockchain, and public markets to PNXP. As an engineer and entrepreneur, he has served as CEO and Director of various publicly traded companies, since 2008. His expertise spans blockchain technology, having advised the Republic of Panama on crypto-asset law and served on the digital assets development council in The Bahamas. Mr. Yglesias provided technical support to major cryptocurrency mining operations and has extensive experience in international business consulting, working with various embassies and the U.S. Department of Agriculture in Beijing, China, where he lived for over 15 years. He began his career as an electronic and mechanical engineer at Eastman Kodak during the 1990s.
About Pineapple Express Cannabis Company dba PINYA XP
At PINYA XP (USOTC: PNXP), our mission begins with saving lives. Through our GROOVY PaaS 4IR Ecosystem, we provide unalterable verification of cannabis product authenticity, ensuring consumers receive exactly what they expect. This blockchain-powered system prevents counterfeit products from reaching the market, protecting consumers from potentially harmful substances while enabling healthcare professionals to confidently recommend products with verified profiles.
Our centralized Hyperledger Fabric blockchain creates an immutable record of each product's journey from seed to sale. Every scan of our QR-NFT tags reveals a complete history of the product's cultivation, testing, and distribution, establishing an unbreakable chain of trust throughout the supply chain. This transparency isn't just about compliance - it's about creating a safer cannabis industry for everyone.
The GROOVY Rewards program transforms product authentication into an engaging experience. Consumers earn rewards for verifying products, completing educational modules, and participating in our community. This gamification approach not only encourages active participation in product safety but also generates valuable data insights that help drive industry improvements.
Our Geno-NFT Library revolutionizes intellectual property protection in cannabis. This secure, blockchain-based repository allows growers to register their unique strains and receive automatic royalties when their genetics are used in authenticated products. By ensuring fair compensation for innovation, we're fostering the development of new, high-quality cannabis varieties.
The GROOVY Marketplace connects all these elements into a comprehensive ecosystem where authenticated products, verified genetics, and engaged consumers come together. Our AI-powered analytics engine processes this rich data to provide actionable insights, enabling businesses to make informed decisions while ensuring product safety and quality.
Cautionary Statement Regarding Forward-Looking Statements
This document may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect management's current expectations, assumptions, and projections about future events or financial performance and are not guarantees of future results. Forward-looking statements are inherently subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Statements containing words like "believe," "anticipate," "endeavor," "estimate," "expect," "project," "intend," or similar expressions identify these forward-looking statements. Specifically, statements regarding future growth, market adoption of Groovy's platform, regulatory developments, technological advancements, and financial performance in the cannabis and cryptocurrency industries are subject to these risks and uncertainties.
Factors that could cause actual results to differ materially from those currently anticipated include, but are not limited to: the risks associated with the evolving cannabis market, including but not limited to regulatory uncertainties and changes in laws and regulations; competitive pressures within the cannabis sector; technological disruptions impacting operational efficiency; fluctuations in market demand; variations in product pricing; the ability to effectively penetrate new markets; and the potential financial or reputational impacts from legal, administrative, or regulatory developments. Further, risks relating to the volatile nature of the cryptocurrency market, potential security breaches, fluctuations in token values, and changes in investor sentiment are relevant considerations. These factors, as well as risks relating to the general economy, market volatility, and competitive activity, are further detailed within the "Risk Factors" section of this document.
The Company does not undertake any obligation to update or revise any forward-looking statements contained in this document, whether as a result of new information, future events, or otherwise. Investors should carefully consider these factors and the risks discussed throughout this report before making any investment decisions. This statement is made for purposes of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Further, investors should independently research and evaluate the potential risks and rewards of investing in the Company and the cannabis and cryptocurrency sectors.
Contact Information
Frank Yglesias
CEO
info@pinya.work
4047343277
Related Video
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SOURCE: Pineapple Express Cannabis Company
View the original press release on ACCESS Newswire
FAQ
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