Serving the cannabis industry, Pineapple, Inc. functions as a portfolio management firm. Its extensive asset portfolio encompasses a range of offerings, including operational guidance, technological support, intellectual property rights, and real estate rentals tailored for cannabis enterprises. The company also maintains equity investments in both retail and manufacturing segments of the cannabis market. Beyond these, Pineapple extends financing to its cannabis-focused clients, manages property leases for them, and delivers consulting services and technological expertise to facilitate the growth, enhancement, or establishment of new and existing business structures. Established in 1983, the firm's main offices are located in Los Angeles, California.
Maui Land & Pineapple Stock Gains 1.1% Despite Wider Y/Y Q2 Loss
MLP stock rises after Q2 results as leasing revenues grow y/y, but weaker land-development sales and higher corporate costs widen the quarterly loss.