On February 16th, 2016, Pineapple Express announced that it had finalized an acquisition of the business and assets of THC Industries, Inc. (“THC”), the web domain www.thc.com, and the trademark THC®. THC has been an operating business and was incorporated in California since 1996, making THC one of the first internet based cannabis related businesses in the nation. On June 13th, 2016, Pineapple Express announced that it had entered into an agreement with licensing agency The Sharpe Company to develop brand strategy, positioning, and lifestyle merchandise for the Company's THC® brand. Thereafter, the Company licensed its THC trademark to Putnam Accessory Group, Inc., (PAG) a leading accessory design, product development, production and logistics company for private label and branded fashion. They specialize in young men’s, women’s and junior’s headwear; cold weather beanies, scarves, gloves, an array of both fashion and technical bags as well as small accessory items. On June 20th, 2017, The Company announced that it had licensed its THC.com web domain to The Hit Channel, Inc. [THC], a media production and marketing company that has stated it has exclusive use of a proprietary social media and e-commerce technology platform. The THC.com website is up and running with a new look.
In its development of the patented (US 9642476) “Top-Shelf” Safe Display System, Pineapple Express is converting four critical components of the current dispensary model into one technologically advanced and aesthetically pleasing solution. Dispensary operators will finally have a single industry-specific technology that allows them to: safely display product, secure product in an armored safe, weigh all product in real-time, and dispense product using a fully integrated Point-of-Sale (POS) system that unlocks dozens of storage compartments as transactions occur at the POS. This proprietary technology is scheduled to become available in the fourth quarter of 2018.