$PNXP Corp. Update--PINYA XP, Groovy 2.0 Centralized

New Post Public Reply Private Reply Replies (0) Message Board
Golden Cross
100
$PNXP Corp. Update--PINYA XP, Groovy 2.0 Centralized Hyperledger Blockchain Authentication Platform Corporate Update

Link: https://www.einpresswire.com/article/84326069...ate-update

ATLANTA, GA, UNITED STATES, August 27, 2025 /EINPresswire.com/ -- Pineapple Express Cannabis Company n/k/a Pinya XP (OTCID: PNXP), developers of the Groovy 2.0 Centralized Hyperledger blockchain authentication platform, today announced a corporate update highlighting significant progress in its mission to revolutionize cannabis product authentication and safety through blockchain technology. The update addresses the Company's upcoming Q2 2025 SEC filing, expansion of its beta testing program, and the successful integration of the GROOVY Rewards ecosystem with the PNXP meme token on the Solana blockchain.:

Executive Summary
PINYA XP (formerly Pineapple Express Cannabis Company) continues its transformative journey as a leader in blockchain-based cannabis authentication technology. Following our strategic acquisition of GROOVY Company, Inc. on March 5, 2025, we are pleased to report significant progress in our mission to revolutionize the cannabis industry through our innovative GROOVY PaaS 4IR Ecosystem.
Year-End 2025 Audited Financials
We have successfully filed our audited financial statements with the U.S. Securities and Exchange Commission, demonstrating improved financial performance and operational efficiency:
- Revenue: $16,168 for fiscal year ended January 31, 2025
- Net Loss Reduction: $31,153 (48% improvement from $59,497 in FY2024)
- Operating Efficiency: General and administrative expenses reduced to $18,821 (down from $59,497)
- Strategic Positioning: Successfully completed transition from traditional cannabis operations to blockchain authentication technology

Q1 2025 Results
First quarter results reflect our accelerating momentum:
- Completed transformative share exchange agreement with GROOVY PaaS
- Established leadership position in cannabis industry market intelligence
- Integration of AI-powered analytics and Hyperledger Fabric blockchain infrastructure
Q2 2025 Results
The company is currently finishing it's Q2 financials to upload them via EDGAR by the end of this month.
Complete SEC filings available at www.sec.gov
Beta Testing Program Launch:
- Comprehensive Industry Partnership
- Our beta testing program has officially launched with four key cannabis industry partners, marking a pivotal moment in our platform development. The program validates our technology across diverse market segments:
Beta Testing Components:
- QR-NFT Authentication Tags: Real-world deployment of blockchain-verified product authentication
- Genetic Library System (Geno-NFT): Testing strain registration and automated royalty management
- Supply Chain Integration: End-to-end traceability from seed to sale
- Consumer Engagement Platform: Mobile-first Progressive Web Application (PWA)
Key Features Being Tested:
- Built-in camera barcode/UPC scanning functionality
- Real-time blockchain product verification
- Fraud prevention mechanisms (one scan per user per product)
- Comprehensive product information display (THC/CBD content, lab results, genetics)
- Automated reward distribution system

GROOVY Rewards Program - Consumer Registration & Benefits
We are excited to announce our GROOVY Rewards Program, offering "420,000 Groovy Rewards Tokens" to early adopters joining our ecosystem. This innovative program bridges the gap between product authentication and consumer rewards.
How Consumers Can Register:
Visit https://pinya.fun - Our dedicated consumer portal
Complete Registration Process:
- Email/phone verification
- Age verification (21+ in legal jurisdictions)
- KYC verification with government ID upload
- Optional biometric authentication setup
Start Earning GROOVY Rewards:
- Product Authentication: Scan UPC codes to verify cannabis products
- Educational Modules: Complete learning modules about cannabis safety
- Community Engagement: Participate in platform activities
- QR Prize Codes: Discover surprise bonuses inside product packaging
- Referral Program: Invite friends to join the ecosystem

Our PNXP meme token, officially launched on International Pineapple Day (June 27, 2025), provides genuine utility through seamless integration with the GROOVY ecosystem.
Technology Infrastructure
GROOVY Platform Capabilities:
- Unalterable Verification: Centralized Hyperledger Fabric blockchain
- QR-NFT Authentication: Immutable seed-to-sale records
- AI-Powered Analytics: Comprehensive business intelligence
- IP Protection: Automatic royalty distribution for genetic libraries
- Consumer Safety: Prevention of counterfeit products

Q3 2025 Priorities:
- Launch consumer-facing Progressive Web Application
- Expand beta testing to 100+ cannabis companies
- International market exploration (Canada, Europe)
- Enhanced AI/ML systems deployment
- Industry consortium formation

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Unlocking Insights: South Chicagoland Home Inspections

Updated Category News Views 3

Sizing Up South Chicagoland Homes: What Really Gets Inspected In the world of real estate transactions, home inspections stand like grizzled veterans, proudly scrutinizing every nook and cranny before the ink dries on a property deed. Here in South Chicagoland, where the echoes of every frigid winter and sweltering summer linger, the process becomes a lifeline for buyers...

Continue Reading
Haier Dives into AI-Powered Smart Homes at IFA 2026

Updated Category News Views 5

A Bold Step into the Future of Smart Homes Hold onto your hats, folks! Haier is making waves at IFA 2026, showing off smart home tech that's not just buzzing with AI but adapting right before our eyes. 'Home of Intelligent Possibilities' isn't just a catchy phrase—it's Haier promising us homes that think for themselves. From laundry to cooking, they’re tweaking those...

Continue Reading
Changhong's IFA 2026 Showcase: AI, Culture & Localization

Updated Category News Views 2

Changhong's Game Plan: From Global Reach to Local Touch Well, Changhong's not sitting back at IFA 2026, let me tell you that. This isn't your run-of-the-mill showcase; it's a full-on reveal of what happens when a company takes AI tech and tunes it to the heartbeat of daily life. TVs, fridges, air conditioners—you name it, they've got an AI twist on it. But is this just...

Continue Reading
Ice-Rock Avalanches: Future Risks and Urgent Lessons

Updated Category News Views 1

Mounting Threats in Mountain Chains That nightmare on August 26 at Mount Langtang Lirung in Nepal—where an ice-rock avalanche triggered a catastrophic mudslide—brought a harsh reminder that these mountains are cracking wide open. With 31 dead and over 500 souls still unaccounted for, it's a chilling warning about how vulnerable high-altitude regions have become. A...

Continue Reading
Why Buyers Are Flocking to Whidbey Island Homes

Updated Category News Views 1

Something's got folks eyeing Whidbey Island like a gambler with a hot tip—and it ain't just the thrill of a vacation spot. Anyone with half a brain knows real estate moves in waves, and right now, Whidbey Island's caught some serious momentum. You can't ignore the pull of natural beauty, access to city life, and that laid-back vibe that seems to whisper "slow down and...

Continue Reading
China Hour Expands Chinese Media Footprint in Africa

Updated Category News Views 2

An Ambitious Cross-Continental Media Play The airwaves are getting a new twist. This time, it's a blend of cultures, as China Hour makes an entrance in South Africa. That's right, folks—Jiangsu Broadcasting Corporation (JSBC) has set up camp alongside the South African Broadcasting Corporation (SABC), pushing a big media wave across the continent. If you've been...

Continue Reading
Zendure, SolarFlow Pro Win Big at IFA 2026 Tech Awards

Updated Category News Views 0

Trophy Time for Zendure in Berlin The Berlin Chronicles of 2026 tell an interesting tale for Zendure—a tale where top honors and glowing recognition highlight its efforts in the sustainable energy arena. At the Global Product Technology Innovation Awards, Zendure's SolarFlow 4000 Mix Pro snagged the Gold for Sustainable Home Energy Storage System. Not only that, but...

Continue Reading
Hims & Hers Faces Legal Storm Over Alleged Privacy Breaches

Updated Category News Views 4

Legal Storms Brew Over Alleged Privacy Breaches Well, here we go again, folks. Just when you think the waters are calming, Hims & Hers Health, Inc. (NYSE: HIMS) finds itself in the thick of a nasty securities fraud class action lawsuit. Allegedly they've been less than honest with their customers' health info—something about sneaking around with people's sensitive data...

Continue Reading
Affleck Joins Aflac in Unlikely Yet Fitting Alliance

Updated Category News Views 2

A Partnership Born from a Punning Connection Look, in this world of insurance and Hollywood glitz, it's not every day you see Ben Affleck sharing the screen with a talking duck. But here we are. Aflac—the giant in supplemental health insurance—and Ben Affleck have cozied up for a series of ads under Affleck’s direction, breathing life into what started as nothing...

Continue Reading
VEVOR's Labor Day Salute to Home DIY Warriors

Updated Category News Views 4

Celebrating the DIY Spirit When most folks think of Labor Day, they picture grilling and lounging. But there's a whole crew out there wielding hammers and paintbrushes, making the most of their long weekend. That's right, Labor Day isn't just rest for some; it's a roll-up-your-sleeves and get it done kind of holiday, and VEVOR is tipping its hat to those folks. Home...

Continue Reading

Top 5 Most Recently Viewed Articles

Exploring Avocado OS's Impact on Prototype to Production Transition

Updated Category News Views 226

Avocado OS Revolutionizing Embedded Linux Development The open-source Avocado OS developed by Peridio is an innovative embedded Linux distribution designed to facilitate the development journey from prototypes to production. This advanced platform not only integrates the user-friendly nature of a commercial Linux desktop but also provides the scalability and updatability...

Continue Reading
NeuroPace Sets Strategic Financial Goals for 2025 Growth

Updated Category News Views 169

Ambitious Financial Guidance Announced for NeuroPace NeuroPace, Inc. (NASDAQ: NPCE), a leader in the medical devices sector focused on transforming epilepsy treatment, has set promising financial guidance for 2025. The company aims to achieve significant advancements and is committed to its mission to enhance the lives of those battling epilepsy. 2025 Revenue and Margin...

Continue Reading
Hut 8 Secures DIFC License to Enhance Digital Asset Strategy

Updated Category News Views 183

Hut 8's Landmark Achievement in the Financial Sector Hut 8 Corp. (NASDAQ: HUT), a leading name in energy infrastructure, has made significant strides in enhancing its capital strategy. The company recently announced that its subsidiary, Hut 8 Investment Ltd, has secured a prestigious Commercial License in the Dubai International Financial Centre (DIFC). This milestone...

Continue Reading
Itron Inc Surges on Strong Earnings Amid Market Fluctuations

Updated Category News Views 94

Itron Inc's Impressive Financial Performance In a mixed trading environment, Itron Inc (NASDAQ: ITRI) delivered impressive fourth-quarter earnings that exceeded market expectations, driving its stock price upward significantly. Quarterly Earnings Overview The company reported quarterly earnings of $1.35 per share, comfortably surpassing the anticipated $1.05 per share....

Continue Reading
CSX Corporation's Market Dynamics: Tracking Short Interest Trends

Updated Category News Views 168

Understanding CSX's Short Interest Dynamics CSX's current stock activity reveals a notable increase in short interest, which has risen by 6.08% since the last report. Currently, there are approximately 29.14 million shares sold short, representing 1.57% of all shares available for trading. Given the average trading volume, it would typically take around 1.0 days for...

Continue Reading