News Summary

Pineapple Express Cannabis Company, operating as PINYA XP, and GROOVY Company, formerly Santo Mining Corp., have announced a strategic share exchange agreement. This partnership aims to integrate GROOVY’s blockchain-based authentication platform with Pineapple Express’s established cannabis industry presence. The agreement involves Pineapple Express acquiring a controlling interest in GROOVY through an exchange of shares. This collaboration leverages GROOVY’s innovative blockchain technology to enhance product authentication and transparency in the cannabis industry, addressing issues such as counterfeiting and supply chain management. The transaction is expected to close soon, pending customary conditions.