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.
MLP posts a narrower y/y loss in Q1 as leasing stays steady despite weaker land development revenues.
MLP posts strong y/y revenue growth in 2025, driven by leasing and land sales, while pension costs widen the net loss.
| Pharmaceuticals Industry | Healthcare Sector | Shawn Credle CEO | OTC PINK Exchange | 72303J101 CUSIP |
| US Country | - Employees | - Last Dividend | 28 Jun 2018 Last Split | - IPO Date |
Pineapple, Inc. is a portfolio management company that specializes in the cannabis industry. Established in 1983 and based in Los Angeles, California, the company operates by acquiring and leasing properties to licensed cannabis operators, providing a critical service in a highly regulated market. Pineapple, Inc. positions itself as a vital player in the expanding legal cannabis sector, ensuring that operators have the physical locations necessary for their businesses to thrive. Beyond real estate, Pineapple, Inc. diversifies its offerings by engaging in the sale of hemp-derived CBD products and providing business licensing and consulting services, thus catering to a wide range of needs within the cannabis industry.
Pineapple, Inc. identifies and acquires properties ideally suited for cannabis operations and leases them to licensed operators. This service is crucial for cannabis businesses looking to expand or establish their operations without the upfront costs of purchasing real estate.
The company sells hemp-derived CBD products through online platforms and physical storefronts. This segment of their business capitalizes on the growing demand for CBD products, catering to consumers seeking therapeutic and wellness benefits.
Pineapple, Inc. provides comprehensive consulting and licensing services to cannabis businesses. This includes helping new and existing businesses navigate the complex regulatory environment of the cannabis industry, securing necessary licenses, and offering operational advice to ensure compliance and success.