Pineapple Express Commences "Franchise Business Model" Roll-Out of Cannabis Retail Stores in California

Company begins initial stages of licensing its brand, store-design, operational support and patented inventory management equipment to California canna-businesses in exchange for a perpetual 5% royalty

LOS ANGELES, Feb. 26, 2018 (GLOBE NEWSWIRE) -- Pineapple Express, Inc. (OTC Grey: PNPL) (the "Company" or Pineapple Express"), a publicly traded company that offers consulting, technology, capital and real estate services, turn-key property rentals, and branding concepts to businesses in the legal cannabis industry, today announced it has commenced the process of implementing a "franchise business model" for cannabis retail stores in California.

The franchise model roll-out includes: licensing Pineapple Express's brand name, logo, store design and layout (concept pictured below), and the use of its patented "Top-Shelf" Safe Display System) for inventory management and security to cannabis retail stores in California. The Company is particularly excited to offer the Top Shelf system, which combines four critical components of the cannabis retail environment (safety, scalability, aesthetics and inventory management), as a single, technologically advanced and stylish unit. Pictured further below are the Company's planned cannabis retail store design and views of its Top-Shelf display system.

We have spent considerable resources on our branding, store design, and patented equipment aimed at modernizing the cannabis retail dispensary experience while increasing oversight and operational efficiency," said Matthew Feinstein, CEO of Pineapple Express. "We are now in the initial stages of developing several of these Pineapple Express branded stores in Los Angeles and surrounding counties in Southern California,"continued Mr. Feinstein.  Feinstein has had 27 years of experience in the retail business space (including nine years in franchising and five years in the cannabis industry).

Pineapple Express looks forward to providing more information about the Top-Shelf system and its other initiatives in the future as further developments happen.

About Pineapple Express, Inc.

Pineapple Express, Inc. (the "Company") is based in Los Angeles, CA. Through the Company's operating subsidiary Pineapple Express Consulting, Inc., the Company provides capital to its canna-business clientele and consulting services and technology to develop, enhance, and expand existing and newly formed canna-businesses. Through the Company's operating subsidiary Pineapple Park, LLC, the Company develops, leases and manages real estate properties for the use of its canna-business clients. Through the Company's operating subsidiary THC Industries, LLC, the Company is licensing a branded clothing line and owns the rights to sell apparel such as t-shirts, hats, beanies, pants, shorts, baseball jerseys, jackets, sweatshirts, polo shirts, sweat pants and other attire displaying the THC trademarked name and logo, and owns the rights to the THC.com URL address. The Company also intends to create a nationally branded and vertically integrated chain of cannabis retail stores under the "Pineapple Express" name as soon as the U.S. federal laws allow, which will be supported by anticipated Company-owned cultivation and processing facilities, and will feature products from anticipated Company-owned manufacturers. As long as cannabis remains federally illegal in the U.S., the Company's operations will be limited to consulting, product licensing, leasing to and/or investing in existing and new canna-businesses, selling industry specific technology and providing ancillary support services. The Company believes that its competitive advantages include its wealth of experience, experienced management team, business model, exclusive proprietary technology, and key industry contacts in an industry that is foreign to most. It is the Company's expectation that these factors will set the Company apart from most of its competitors.

Forward-Looking Statements:

 All statements other than statements of historical facts contained in this press release are "forward-looking statements," which may often, but not always, be identified by the use of such words as "expects", "anticipates", "intends", "estimates", "plans", "potential", "possible", "probable", "believes", "seeks", "may", "will", "should", "could" or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements. These factors include uncertainties as to the application and enforcement of U.S. and state federal laws in the cannabis industry (including to the Company's business activities and the business activities of some of its customers and counterparties), ability to attract new canna-business clientele, successfully implementing the Company's growth strategy (including relating to the Company's intention to create a nationally branded and vertically integrated chain of cannabis retail stores under the "Pineapple Express" name and anticipated development of Company-owned cultivation and processing facilities), dependence on key Company personnel, timing of the filing the Company's Form 211 with FINRA and clearing related comments, obtaining approval for the Company's common stock to be quoted on one of the three OTC Markets, changes in economic conditions, competition and other risks including, but not limited to, those described from in the Company's Registration Statement on Form 10, filed with the Securities and Exchange Commission on January 23, 2018 (the "SEC"), and other filings and submissions with the SEC. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements except as may be required by law.

Company Contact:

Matthew Feinstein
CEO/Chairman
Pineapple Express, Inc.
Office: 877-310-PNPL