Company Expands Landlord Footprint and Plans to Rent Approximately 125,000 Square Feet of Warehouse Space to Qualified Cannabis Cultivating Tenants

LOS ANGELES, Jan. 05, 2016 (GLOBE NEWSWIRE) -- PINEAPPLE EXPRESS, INC. (OTC Pink:PNPL) (the “Company”), a publicly-traded company that offers cannabis industry consulting, technology, investments, turn-key property rentals, and branding concepts to businesses in the legal cannabis industry, announced that it has executed purchase agreements for 3 new parcels in Desert Hot Springs, CA. These parcels directly adjoin the Company’s existing parcel that the Company rents to a fully permitted and legally operating cultivation tenant and consulting client who, with the Company’s assistance, recently secured a Conditional Use Permit (“CUP”) from Desert Hot Springs for medical marijuana cultivation. The Company intends to advise this tenant/client in connection with expanding its CUP and intends to rent out the new parcels to new tenants and assist them with the CUP application process....