Cover
Cover - shares | 3 Months Ended | |
Mar. 31, 2023 | May 23, 2023 | |
Cover [Abstract] | ||
Document Type | 10-Q | |
Amendment Flag | false | |
Document Quarterly Report | true | |
Document Transition Report | false | |
Document Period End Date | Mar. 31, 2023 | |
Document Fiscal Period Focus | Q1 | |
Document Fiscal Year Focus | 2023 | |
Current Fiscal Year End Date | --12-31 | |
Entity File Number | 000-55896 | |
Entity Registrant Name | PINEAPPLE, INC. | |
Entity Central Index Key | 0001654672 | |
Entity Tax Identification Number | 47-5185484 | |
Entity Incorporation, State or Country Code | NV | |
Entity Address, Address Line One | 10351 Santa Monica Blvd. | |
Entity Address, Address Line Two | Suite 420 | |
Entity Address, City or Town | Los Angeles | |
Entity Address, State or Province | CA | |
Entity Address, Postal Zip Code | 90025 | |
City Area Code | 877 | |
Local Phone Number | 310-7675 | |
Entity Current Reporting Status | Yes | |
Entity Interactive Data Current | Yes | |
Entity Filer Category | Non-accelerated Filer | |
Entity Small Business | true | |
Entity Emerging Growth Company | false | |
Entity Shell Company | false | |
Entity Common Stock, Shares Outstanding | 71,763,569 |
Condensed Consolidated Balance
Condensed Consolidated Balance Sheets (Unaudited) - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 |
Current Assets: | ||
Prepaid expense | $ 5,000 | |
Lease receivable | 45,600 | |
Total Current Assets | 50,600 | |
Security deposits | 32,000 | |
Property and equipment, net | 817 | 2,358 |
Operating lease right-of-use assets, net | 589,629 | |
Total Assets | 673,046 | 2,358 |
Current Liabilities: | ||
Accounts payable and accrued liabilities | 399,067 | 398,489 |
Accounts payable - related party | $ 31,500 | $ 31,500 |
Accounts Payable, Current, Related and Nonrelated Party Status [Extensible Enumeration] | Related Party [Member] | Related Party [Member] |
Accrued interest payable | $ 6,771 | $ 6,771 |
Settlement payable - related party | 615,000 | 615,000 |
Due to affiliates | $ 148,000 | |
Other Liability, Current, Related and Nonrelated Party Status [Extensible Enumeration] | Affiliated Entity [Member] | Affiliated Entity [Member] |
Advances on agreements | $ 169,000 | $ 169,000 |
Contingent liabilities | 105,523 | 105,523 |
Operating lease liability | 109,915 | |
Total Current Liabilities | 1,635,465 | 1,376,972 |
Operating lease liability, non-current | 479,714 | |
Total Liabilities | 2,115,179 | 1,376,972 |
Commitments and contingencies (note 12) | ||
Stockholders’ Deficit: | ||
Preferred stock value | ||
Common stock, $0.0000001 par value, 500,000,000 shares authorized, 71,763,569 shares and 71,163,569 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively | 7 | 7 |
Subscription received – shares to be issued | 150,000 | |
Additional paid-in-capital | 22,154,079 | 22,004,079 |
Accumulated deficit | (23,596,219) | (23,528,700) |
Total Stockholders’ Deficit | (1,442,133) | (1,374,614) |
Total Liabilities and Stockholders’ Deficit | 673,046 | 2,358 |
Series A Convertible Preferred Stock [Member] | ||
Stockholders’ Deficit: | ||
Preferred stock value | ||
Related Party [Member] | ||
Current Liabilities: | ||
Notes payable | 30,851 | 30,851 |
Nonrelated Party [Member] | ||
Current Liabilities: | ||
Notes payable | $ 19,838 | $ 19,838 |
Condensed Consolidated Balanc_2
Condensed Consolidated Balance Sheets (Unaudited) (Parenthetical) - $ / shares | Mar. 31, 2023 | Dec. 31, 2022 |
Preferred stock, par value | $ 0.00 | $ 0.00 |
Preferred stock, shares authorized | 20,000,000 | 20,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Common stock, par value | $ 0.00 | $ 0.00 |
Common stock, shares authorized | 500,000,000 | 500,000,000 |
Common stock, shares issued | 71,763,569 | 71,163,569 |
Common stock, shares outstanding | 71,763,569 | 71,163,569 |
Series A Convertible Preferred Stock [Member] | ||
Preferred stock, par value | $ 0.00 | $ 0.00 |
Preferred stock, shares authorized | 5,000,000 | 5,000,000 |
Preferred stock, shares issued | 0 | 0 |
Preferred stock, shares outstanding | 0 | 0 |
Condensed Consolidated Statemen
Condensed Consolidated Statements of Operations (Unaudited) - USD ($) | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Revenue | ||
Sublease revenue | $ 45,600 | |
Operating Expenses | ||
General and administrative | 578 | 68,321 |
Lease expense | 36,000 | |
Management consulting fees - related parties | 75,000 | 59,000 |
Depreciation | 1,541 | 1,600 |
Total Operating Expenses | 113,119 | 128,921 |
Operating loss | (67,519) | (128,921) |
Other Income | ||
Income from equity-method investment | 504,136 | |
Total Other Income | 504,136 | |
Income (Loss) before taxes | (67,519) | 375,215 |
Provision for income taxes | ||
Net Income (Loss) | $ (67,519) | $ 375,215 |
Net Income (Loss) Per Share – Basic and Diluted | $ 0 | $ 0 |
Weighted Average Common Shares – Basic and Diluted | 71,456,902 | 91,163,569 |
Condensed Consolidated Statem_2
Condensed Consolidated Statements of Stockholders' Equity (Deficit) (Unaudited) - USD ($) | Common Stock [Member] | Additional Paid-in Capital [Member] | Retained Earnings [Member] | Subscriptions Received Shares To Be Issued [Member] | Total |
Balance at Dec. 31, 2021 | $ 9 | $ 22,004,077 | $ (15,672,308) | $ 6,331,778 | |
Balance, shares at Dec. 31, 2021 | 91,163,569 | ||||
Common stock issued on subscription received | 100,000 | 100,000 | |||
Net loss | 375,215 | 375,215 | |||
Balance at Mar. 31, 2022 | $ 9 | 22,004,077 | (15,297,093) | 100,000 | 6,806,993 |
Balance, shares at Mar. 31, 2022 | 91,163,569 | ||||
Balance at Dec. 31, 2022 | $ 7 | 22,004,079 | (23,528,700) | 150,000 | (1,374,614) |
Balance, shares at Dec. 31, 2022 | 71,163,569 | ||||
Common stock issued on subscription received | 150,000 | (150,000) | |||
Common stock issued on subscription received, shares | 600,000 | ||||
Net loss | (67,519) | (67,519) | |||
Balance at Mar. 31, 2023 | $ 7 | $ 22,154,079 | $ (23,596,219) | $ (1,442,133) | |
Balance, shares at Mar. 31, 2023 | 71,763,569 |
Condensed Consolidated Statem_3
Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Cash Flows from Operating Activities | |||
Net Income (Loss) | $ (67,519) | $ 375,215 | |
Adjustments to reconcile net income (loss) to net cash used in operating activities: | |||
Depreciation of property and equipment | 1,541 | 1,600 | |
Amortization of right-of-use assets | 26,414 | ||
Income from equity-method investment | (504,136) | ||
Changes in operating assets and liabilities: | |||
Prepaid expense and security deposits | (37,000) | ||
Lease receivable | (45,600) | ||
Accounts payable and accrued liabilities | 578 | 26,178 | |
Accounts payable related party | 4,231 | ||
Operating lease liability | (26,414) | ||
Due to affiliates | 148,000 | 93,283 | |
Net cash used in) operating activities | (3,629) | ||
Cash Flows from Investing Activities | |||
Deposit on stock purchase agreement | (95,000) | ||
Net cash used in investing activities | (95,000) | ||
Cash Flows from Financing Activities | |||
Proceeds from stock subscription | 100,000 | ||
Proceeds from related party notes payable | 2,650 | ||
Repayments of related party notes payable | (4,000) | ||
Net cash provided by financing activities | 98,650 | ||
Net Change in Cash | 21 | ||
Cash, Beginning of Period | |||
Cash, End of Period | 21 | ||
Supplemental Disclosures of Cash Flow Information | |||
Cash paid for interest | |||
Cash paid for taxes | |||
Supplemental Disclosures of Non-Cash Financing Activities | |||
Recognition of right-of-use assets | 616,043 | ||
Common stock issued on subscription received | $ 150,000 |
Organization and Description of
Organization and Description of Business | 3 Months Ended |
Mar. 31, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Organization and Description of Business | Note 1 – Organization and Description of Business Pineapple, Inc. (“Pineapple” or the “Company”) was originally formed in the State of Nevada August 3, 1983 On March 19, 2019, the Company entered into a Share Exchange Agreement (the “PVI Agreement”) with Pineapple Ventures, Inc. (“PVI”), the Company’s equity-method investment, and the stockholders of PVI (the “PVI Stockholders”) in which the Company acquired a total of 50 2,000,000 0.0000001 10 2,000,000 20,000,000 On January 17, 2020, the Company entered into an agreement with Jaime Ortega whereby in exchange for Mr. Ortega cancelling $ 1,062,000 10,000 10,000 4,827 45,173 45.17 10,787,652 On March 10, 2023, the Company entered into an Amended Binding Letter of Intent effective as of December 31, 2022 with Mr. Ortega, amending the prior Letter of Intent executed January 4, 2023, where the Company agreed to sell 45.17 20,000,000 0.0000001 On September 28 th 100 10,000 100 376,287 10,000 386,287 Presently, the Company procures and leases properties to licensed cannabis operators and provides nationwide hemp-derived CBD sales via online and in-store transactions. Through the Company’s operating subsidiary, Pineapple Express Consulting Inc., it also offers cannabis business licensing and consulting services. The Company’s executive team blends enterprise-level corporate expertise with decades of combined experience operating in the tightly-regulated cannabis industry. ln addition to the foregoing business ventures, the Company was also assigned a patent for the proprietary Top Shelf Safe Display System (“SDS”) for use in permitted cannabis dispensaries and delivery vehicles across the United States and internationally (where permitted by law), on July 20, 2016, by Sky Island, Inc. (the “SDS Patent”) via a Patent Assignment Agreement (the “Patent Assignment Agreement”). The SDS Patent was originally applied for and filed on August 11, 2015, by Sky Island, Inc. and received its notice of allowance from the United States Patent and Trademark Office on March 22, 2017. It is anticipated that the Top-Shelf SDS product shall retail for $ 30,000 |
Summary of Significant Accounti
Summary of Significant Accounting Policies | 3 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Summary of Significant Accounting Policies | Note 2 – Summary of Significant Accounting Policies Basis of Presentation The accompanying condensed consolidated financial statements and accompanying notes have been prepared in accordance with accounting principles accepted in the United States of America (“GAAP”) and the rules of the Securities and Exchange Commission (“SEC”). They do not include all of the information and footnotes required by GAAP for complete financial statements and, accordingly, certain information, footnotes, and disclosures normally included in the annual financial statements, prepared in accordance with GAAP, have been condensed or omitted in accordance with SEC rules and regulations. The accompanying financial information should be read in conjunction with the financial statements and the notes thereto in the Company’s most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission (the “SEC”) on May 5, 2023. In the opinion of management, the financial data presented includes all adjustments necessary to present fairly the financial position, results of operations, and cash flows for the periods presented. Results of interim periods should not be considered indicative of the results for the full year. These unaudited condensed consolidated financial statements include estimates and assumptions of management that affect the amounts reported in the unaudited condensed consolidated financial statements. Actual results could differ from these estimates. Basis of Consolidation The consolidated financial statements include the accounts of Pineapple, Inc. and its wholly owned subsidiaries, THC Industries, LLC and Pineapple Express Consulting, Inc., doing business as Pineapple Express. Intercompany accounts and transactions have been eliminated. The Company’s consolidated subsidiaries and/or entities were as follows: Schedule of Consolidated Subsidiaries and/or Entities Name of Consolidated State or Other Date of Incorporation or Attributable THC Industries, LLC California 12/23/2015 (formed) 100 % Pineapple Express Consulting, Inc California 3/16/2017 100 % Use of Estimates in Financial Reporting The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the recoverability and useful lives of long-lived assets, assessment of legal accruals, the fair value of the Company’s stock IBR used for leases and the valuation allowance related to deferred tax assets. Actual results may differ from these estimates. Fair Value of Financial Instruments The Company follows the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB ASC establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of fair value hierarchy are described below: Level 1- Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2- Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3- Pricing inputs that are generally unobservable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The carrying amounts of the Company’s financial assets and liabilities, including cash, accounts payable and accrued liabilities, and other current liabilities, approximate their fair values because of the short maturity of these instruments. The fair value of notes payable approximates their fair values since the current interest rates and terms on these obligations are the same as prevailing market rates. Prepaid Expense and Security Deposits Prepaid expenses relate to prepaid rent for an office premise of $ 5,000 32,000 and and security deposits 37,000 0 Property and Equipment Property and equipment consist of furniture and fixtures and office equipment. They are recorded at cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. The estimated useful lives of the classes of property and equipment are as follows: Schedule of Estimated Useful Lives Property and Equipment Office equipment 5 Furniture and fixtures 7 Investment – Equity Method The Company accounted for its equity method investment (“PVI”) at cost, adjusted for the Company’s share of the investee’s earnings or losses, which are reflected in the consolidated statements of operations. The Company periodically reviews the investment for other than temporary declines in fair value below cost and more frequently when events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. As of December 31, 2022, management has identified indicators of other-than-temporary impairment that have led to the conclusion that the carrying value of its equity method investment is not recoverable. As a result, the Company has recorded an impairment write-down in the consolidated statements of operations for the year ended December 31, 2022. During the three months ended March 31, 2023 and March 2022, the Company recognized income from equity method investment of $ 0 504,136 Related Party Balances and Transactions The Company follows FASB ASC 850, “ Related Party Disclosures Leases We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, operating lease liabilities - current, and operating lease liabilities - noncurrent on the balance sheets. Finance leases are included in property and equipment, other current liabilities, and other long-term liabilities in our balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we generally use our incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Sublease Income for a sublessor operating lease is recognized as a single lease income item on a straight-line basis over the lease term and reflected in the appropriate income statement line item based on the lease asset’s function. For transactions where the company is considered the sublessor, revenue for operating leases is recognized on a monthly basis over the term of the lease. Sublessor revenue relates to operating leases that the Company is subleasing. The Company recognizes sublease revenue on a gross basis. (see note 9) Revenue Recognition ASC 606 “Revenue Recognition” does not apply to rental income that the Company recognized through sub-lease during the three months ended March 31, 2023. Net Income (Loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted income (loss) per share reflects the potential dilution, using the treasury stock method, that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted income (loss) per share, the treasury stock method assumes that outstanding options and warrants are exercised, and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At March 31, 2023 and December 31, 2022, the Company had no no Recently Adopted and Pending Accounting Pronouncements In June 2022, the FASB issued ASU 2022-03, ASC Subtopic “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. These amendments clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments in this update are effective for public business entities for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements. The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its financial statements. |
Going Concern
Going Concern | 3 Months Ended |
Mar. 31, 2023 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |
Going Concern | Note 3 – Going Concern The Company’s consolidated financial statements have been prepared assuming that the Company will continue as a going concern, which contemplates continuity of operations, realization of assets, and liquidation of liabilities in the normal course of business. As reflected in its consolidated financial statements, the Company has an accumulated deficit of $ 23,596,219 67,519 The Company has incurred net losses during the three months ended March 31, 2023 and in all prior years. These factors raise substantial doubt about the Company’s ability to continue as a going concern within one year from the date that the consolidated financial statements are issued. The Company’s consolidated financial statements do not include any adjustments related to the recoverability and classification of recorded asset amounts or the amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern. The Company’s primary source of operating funds since inception has been cash proceeds from the private placements of its common stock and from issuance of its short-term on demand loans, primarily from related parties. The Company intends to raise additional capital in the short term through addition of demand loans and, once the up listing to a higher exchange is completed, through private placements to sell restricted shares of common stock to investors. There can be no assurance that these funds will be available on terms acceptable to the Company, or at all, or will be sufficient to enable the Company to fully complete its development activities or sustain operations. If the Company is unable to raise sufficient additional funds, it will have to develop and implement a plan to further extend payables, reduce overhead, scale back its current business plan and/or curtail operations until sufficient additional capital is raised to support further operations. The Company’s ability to continue as a going concern is dependent on its ability to execute its strategy and on its ability to raise additional funds. Management is currently seeking additional funds, primarily through the issuance of equity and/or debt securities for cash to operate the Company’s business. No assurance can be given that any future financing will be available or, if available, that it will be on terms that are satisfactory to it. Even if the Company is able to obtain additional financing, it may contain undue restrictions on its operations, in the case of debt financing, or cause substantial dilution for its stockholders, in the case of equity and/or convertible debt financing. |
Property and Equipment
Property and Equipment | 3 Months Ended |
Mar. 31, 2023 | |
Property, Plant and Equipment [Abstract] | |
Property and Equipment | Note 4 – Property and Equipment Property and equipment as of March 31, 2023 and December 31, 2022 is summarized as follows: Schedule of Property and Equipment March 31, 2023 December 31, 2022 Furniture and fixtures $ 43,152 $ 43,152 Office equipment 12,321 12,321 Total property and equipment 55,473 55,473 Less: Accumulated depreciation (54,656 ) (53,115 ) Total property and equipment, net $ 817 $ 2,358 Depreciation expense for the three months ended March 31, 2023 and 2022 was $ 1,541 1,600 |
Notes Payable, Related Party
Notes Payable, Related Party | 3 Months Ended |
Mar. 31, 2023 | |
Notes Payable Related Party | |
Notes Payable, Related Party | Note 5 – Notes Payable, Related Party Notes payable-related party, are comprised of the following as of March 31, 2023 and December 31, 2022: Schedule of Notes Payable Related Party Transactions Noteholder Due Interest Rate Secured March 31, December 31, Rob Novinger Demand 0 % No $ 30,851 $ 30,851 Rob Novinger (shareholder) Rob Novinger is a shareholder and creditor to the Company. There was no 30,851 |
Note Payable
Note Payable | 3 Months Ended |
Mar. 31, 2023 | |
Debt Disclosure [Abstract] | |
Note Payable | Note 6 – Note Payable The Company, through our former subsidiary, BBC, entered into a $ 25,000 26,609 19,838 6,771 |
Settlement Payable-Related Part
Settlement Payable-Related Party | 3 Months Ended |
Mar. 31, 2023 | |
Settlement Payable-related Party | |
Settlement Payable-Related Party | Note 7 – Settlement Payable-Related Party At March 31, 2023 and December 31, 2022, the settlement payable related party balance consists of the following: Schedule of Settlement Payable Related Party Noteholder March 31, December 31, Investor Three 615,000 615,000 Settlement payable $ 615,000 $ 615,000 Investor Three In December 2015, the Company entered into a Revenue Share Agreement for $ 750,000 825,000 75,000 200,000 97,800 615,000 |
Related Party Transactions
Related Party Transactions | 3 Months Ended |
Mar. 31, 2023 | |
Related Party Transactions [Abstract] | |
Related Party Transactions | Note 8 – Related Party Transactions During the three months ended March 31, 2023 and 2022, the Company incurred management consulting fees of $ 75,000 59,000 During the three months ended March 31, 2023, Pineapple Consolidated, Inc. (“PCI”), a company controlled by the Director of Pineapple, Inc., advanced $ 124,000 During the three months ended March 31, 2023, Pineapple Ventures, Inc. (“PVI”) advanced $ 24,000 The loans from the related parties are due on demand and non-interest bearing. As of March 31, 2023 and December 31, 2022, the amount due to affiliates 148,000 0 |
Leases
Leases | 3 Months Ended |
Mar. 31, 2023 | |
Leases | |
Leases | Note 9 – Leases As of March 31, 2023 and December 31, 2022, the Company had the following lease obligations: Schedule of Operating Lease Liability Discount March 31, December 31, Rate Maturity 2023 2022 Current 6.50 % 2027 $ 109,915 $ - Non-current 6.50 % 2027 479,714 - $ 589,629 $ - Balance - December 31, 2022 $ - Lease liability additions 616,043 Repayment of Lease liability (36,000 ) Imputed interest 9,586 Balance - March 31, 2023 $ 589,629 On January 11, 2023, the Company entered into a lease agreement for an office premise located in 8912 Reseda Blvd, Northridge, CA 91324 under a five-year term with two 5-year extension options upon expiry and monthly lease payment of $ 12,000 . The lease agreement commenced on Jan 1, 2023. The Company will decide on the exercise of the extension option upon the expiry of the five -year lease term. The following table summarizes the maturity of our lease liabilities as of March 31, 2023: Schedule of Maturity of Lease Liabilities Year Ended December 31, 2023 $ 108,000 2024 144,000 2025 144,000 2026 144,000 2027 144,000 Total lease payments 684,000 Less: Imputed interest (94,371 ) Lease liabilities $ 589,629 As of March 31, 2023, the Company has right-of-use assets as follows: Schedule of Right-of-Use Assets Balance - December 31, 2022 $ - Additions 616,043 Amortization (26,414 ) Balance - March 31, 2023 $ 589,629 Sublease On January 15, 2023, the Company, the sublessor, entered into a sub-lease agreement with a sublessee for an office premise located in 8912 Reseda Blvd, Northridge, CA 91324 under a five 16,000 During the three months ended March 31, 2023, the Company recorded lease receivable and recognized sublease revenue of $ 45,600 |
Advances on Agreements
Advances on Agreements | 3 Months Ended |
Mar. 31, 2023 | |
Advances On Agreements | |
Advances on Agreements | Note 10 – Advances on Agreements At March 31, 2023 and December 31, 2022, advances on agreements balance consist of the following: Schedule of Advance on Agreement Noteholder March 31, December 31, Investor One and Investor Two 169,000 169,000 Advances on Agreements $ 169,000 $ 169,000 Investor One On February 16, 2016, the Company entered into a Binding Letter of Intent (“BLOI1”) with Investor One that the Company deemed a financing agreement for the purchase of a certain property (APN: 665-030-044), and upon completion of development of the acquired property, subsequently a revenue share agreement that was for the following considerations: (i) payment by Investor One of $ 125,000 187,500 3,750 During March 2016, the $ 125,000 40,768 Investor Two On March 18, 2016, the Company entered into a Binding Letter of Intent (“BLOI2”), subsequently amended by a Real Property Purchase and Sale Agreement and Joint Escrow Instructions (“Subsequent Land Purchase Agreement”) dated March 21, 2016, both of which the Company deemed a financing agreement for the purchase of a certain property (APN: 665-030-043) for the following considerations: (i) payment by Investor Two of $ 350,000 515,000 165,768 500,000 On March 22, 2016, Investor Two deposited $ 350,000 165,768 Investment Accounting Treatments for Investors One and Two The escrow agreement closed and Investor Two took title to property. There is no provision in BLOI2, or in the Subsequent Land Purchase Agreement, that would impose any continuing liability on the Company other than the loss of the Company’s escrow deposit. As no terms and conditions were established to characterize the $ 125,000 62,500 187,500 3,750 In February 2019, the Company entered into a settlement agreement with Investor One which required the issuance of 20,000 200,000 10,000 4,125 187,500 191,625 8,375 10,000 1,000 20,000 11,000 10,000 no |
Stockholders_ Equity
Stockholders’ Equity | 3 Months Ended |
Mar. 31, 2023 | |
Equity [Abstract] | |
Stockholders’ Equity | Note 11 – Stockholders’ Equity The Company is authorized to issue 525,000,000 shares of capital stock, $ 0.0000001 par value per share, of which 5,000,000 shares are designated as Series A Convertible Preferred stock, 20,000,000 shares are designated as preferred stock and 500,000,000 shares are designated as common stock. As of March 31, 2023 and December 31, 2022, there were no shares of preferred stock issued and outstanding. On February 16, 2023, the Company issued 600,000 150,000 During the three months ended March 31, 2022, the Company received proceed from stock subscriptions of $ 100,000 400,000 0.25 As of March 31, 2023 and December 31, 2022, the issued and outstanding common stock was 71,763,569 71,163,569 |
Commitments and Contingencies
Commitments and Contingencies | 3 Months Ended |
Mar. 31, 2023 | |
Commitments and Contingencies Disclosure [Abstract] | |
Commitments and Contingencies | Note 12 – Commitments and Contingencies From time to time, the Company is party to certain legal proceedings that arise in the ordinary course and are incidental to our business. Future events or circumstances, currently unknown to management, will determine whether the resolution of pending or threatened litigation or claims will ultimately have a material effect on our consolidated financial position, liquidity, or results of operations in any future reporting periods. The following is a list of current litigation: Hawkeye v. Pineapple Express, Inc., et al. Los Angeles Superior Court Case Number: BC708868 was filed June 6, 2018. Plaintiff claimed damages against Defendant in the excess of $ 900,000 615,000 Sharper, Inc. v. Pineapple Express, Inc., et al. Los Angeles Superior Court Case Number: 18SMCV00149 was filed November 1, 2018. Complaint for money with an amount in controversy of $ 32,500 15,375 18,692 18,692 Cunningham v. Pineapple Express, Inc. Los Angeles Superior Court Case Number: BS171779: Judgment, ordered by the Department of Industrial Relations, Labor Commissioner’s Office was entered by the Court on December 11, 2017. The amount of judgment entered was $ 47,684 Pineapple Express, Inc. v. Cunningham Los Angeles Superior Court Case Number: SC 127731 was filed June 21, 2017. This action arose from certain complaint and cross-complaint which were both dismissed. Defendant Cunningham pursued a cost judgment against Plaintiff and obtained a judgment in the amount of $ 2,367 StoryCorp Consulting, dba Wells Compliance Group v. Pineapple Express, Inc. JAMS Arbitration Reference Number: 1210037058 , 15,000 23,805 29,280 29,280 Russ Schamun v. Pineapple Express Consulting, Inc. This is a small claims matter for $ 7,500 7,500 SRFF v. Pineapple Express, Inc. This matter resulted in a stipulated judgment whereas former SEC counsel claimed approximately $ 60,000 Novinger v. Pineapple Express, Inc. Los Angeles Superior Court Case Number: 20CHLC10510 was filed in or about March 11, 2020. This is a limited jurisdiction action arising from a claim for monies lent to Pineapple Express, Inc. without specificity as to the judgment debtor’s state of incorporation, for the total of $ 30,851 |
Subsequent Events
Subsequent Events | 3 Months Ended |
Mar. 31, 2023 | |
Subsequent Events [Abstract] | |
Subsequent Events | Note 13 – Subsequent Events The Company has evaluated subsequent events through the filing of this Quarterly Report on Form 10-Q and has determined that there have been no events that have occurred that would require adjustments to the disclosures in the condensed consolidated financial statements, other than those described below and the binding letter of intent detailed in Note 2. On September 28, 2022, the Company signed a letter of intent with Mathew Feinstein, a related party and 8 www.PineappleWellness.com 100 2,500,000 On March 10, 2023, the Company entered into a lease agreement for an office premise located in 8707 Venice Boulevard, Los Angeles, CA 90034 under a five-year term with two 5-year extension options upon expiry and monthly lease payment of $ 10,000 4 SUPPLEMENTARY DATA The Company is a smaller reporting Company as defined by Rule 12b-2 of the Exchange Act and is not required to provide the information required under this item. |
Summary of Significant Accoun_2
Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Basis of Presentation | Basis of Presentation The accompanying condensed consolidated financial statements and accompanying notes have been prepared in accordance with accounting principles accepted in the United States of America (“GAAP”) and the rules of the Securities and Exchange Commission (“SEC”). They do not include all of the information and footnotes required by GAAP for complete financial statements and, accordingly, certain information, footnotes, and disclosures normally included in the annual financial statements, prepared in accordance with GAAP, have been condensed or omitted in accordance with SEC rules and regulations. The accompanying financial information should be read in conjunction with the financial statements and the notes thereto in the Company’s most recent Annual Report on Form 10-K, as filed with the Securities and Exchange Commission (the “SEC”) on May 5, 2023. In the opinion of management, the financial data presented includes all adjustments necessary to present fairly the financial position, results of operations, and cash flows for the periods presented. Results of interim periods should not be considered indicative of the results for the full year. These unaudited condensed consolidated financial statements include estimates and assumptions of management that affect the amounts reported in the unaudited condensed consolidated financial statements. Actual results could differ from these estimates. |
Basis of Consolidation | Basis of Consolidation The consolidated financial statements include the accounts of Pineapple, Inc. and its wholly owned subsidiaries, THC Industries, LLC and Pineapple Express Consulting, Inc., doing business as Pineapple Express. Intercompany accounts and transactions have been eliminated. The Company’s consolidated subsidiaries and/or entities were as follows: Schedule of Consolidated Subsidiaries and/or Entities Name of Consolidated State or Other Date of Incorporation or Attributable THC Industries, LLC California 12/23/2015 (formed) 100 % Pineapple Express Consulting, Inc California 3/16/2017 100 % |
Use of Estimates in Financial Reporting | Use of Estimates in Financial Reporting The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Significant estimates include the recoverability and useful lives of long-lived assets, assessment of legal accruals, the fair value of the Company’s stock IBR used for leases and the valuation allowance related to deferred tax assets. Actual results may differ from these estimates. |
Fair Value of Financial Instruments | Fair Value of Financial Instruments The Company follows the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) for disclosures about fair value of its financial instruments and to measure the fair value of its financial instruments. The FASB ASC establishes a fair value hierarchy which prioritizes the inputs to valuation techniques used to measure fair value into three broad levels. The three levels of fair value hierarchy are described below: Level 1- Quoted market prices available in active markets for identical assets or liabilities as of the reporting date. Level 2- Pricing inputs other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reporting date. Level 3- Pricing inputs that are generally unobservable inputs and not corroborated by market data. Financial assets are considered Level 3 when their fair values are determined using pricing models, discounted cash flow methodologies or similar techniques and at least one significant model assumption or input is unobservable. The carrying amounts of the Company’s financial assets and liabilities, including cash, accounts payable and accrued liabilities, and other current liabilities, approximate their fair values because of the short maturity of these instruments. The fair value of notes payable approximates their fair values since the current interest rates and terms on these obligations are the same as prevailing market rates. |
Prepaid Expense and Security Deposits | Prepaid Expense and Security Deposits Prepaid expenses relate to prepaid rent for an office premise of $ 5,000 32,000 and and security deposits 37,000 0 |
Property and Equipment | Property and Equipment Property and equipment consist of furniture and fixtures and office equipment. They are recorded at cost, less accumulated depreciation. Depreciation is computed using the straight-line method over the estimated useful lives of the related assets. Expenditures for major renewals and betterments that extend the useful lives of property and equipment are capitalized. Expenditures for maintenance and repairs are charged to expense as incurred. The estimated useful lives of the classes of property and equipment are as follows: Schedule of Estimated Useful Lives Property and Equipment Office equipment 5 Furniture and fixtures 7 |
Investment – Equity Method | Investment – Equity Method The Company accounted for its equity method investment (“PVI”) at cost, adjusted for the Company’s share of the investee’s earnings or losses, which are reflected in the consolidated statements of operations. The Company periodically reviews the investment for other than temporary declines in fair value below cost and more frequently when events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. As of December 31, 2022, management has identified indicators of other-than-temporary impairment that have led to the conclusion that the carrying value of its equity method investment is not recoverable. As a result, the Company has recorded an impairment write-down in the consolidated statements of operations for the year ended December 31, 2022. During the three months ended March 31, 2023 and March 2022, the Company recognized income from equity method investment of $ 0 504,136 |
Related Party Balances and Transactions | Related Party Balances and Transactions The Company follows FASB ASC 850, “ Related Party Disclosures |
Leases | Leases We determine if an arrangement is a lease at inception. Operating leases are included in operating lease right-of-use (“ROU”) assets, operating lease liabilities - current, and operating lease liabilities - noncurrent on the balance sheets. Finance leases are included in property and equipment, other current liabilities, and other long-term liabilities in our balance sheets. ROU assets represent our right to use an underlying asset for the lease term and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease ROU assets and liabilities are recognized at commencement date based on the present value of lease payments over the lease term. As most of our leases do not provide an implicit rate, we generally use our incremental borrowing rate based on the estimated rate of interest for collateralized borrowing over a similar term of the lease payments at commencement date. The operating lease ROU asset also includes any lease payments made and excludes lease incentives. Our lease terms may include options to extend or terminate the lease when it is reasonably certain that we will exercise that option. Lease expense for lease payments is recognized on a straight-line basis over the lease term. Sublease Income for a sublessor operating lease is recognized as a single lease income item on a straight-line basis over the lease term and reflected in the appropriate income statement line item based on the lease asset’s function. For transactions where the company is considered the sublessor, revenue for operating leases is recognized on a monthly basis over the term of the lease. Sublessor revenue relates to operating leases that the Company is subleasing. The Company recognizes sublease revenue on a gross basis. (see note 9) |
Revenue Recognition | Revenue Recognition ASC 606 “Revenue Recognition” does not apply to rental income that the Company recognized through sub-lease during the three months ended March 31, 2023. |
Net Income (Loss) Per Share | Net Income (Loss) Per Share Basic income (loss) per share is computed by dividing net income (loss) available to common stockholders by the weighted average number of shares of common stock outstanding during the period. Diluted income (loss) per share reflects the potential dilution, using the treasury stock method, that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the loss of the Company. In computing diluted income (loss) per share, the treasury stock method assumes that outstanding options and warrants are exercised, and the proceeds are used to purchase common stock at the average market price during the period. Options and warrants may have a dilutive effect under the treasury stock method only when the average market price of the common stock during the period exceeds the exercise price of the options and warrants. At March 31, 2023 and December 31, 2022, the Company had no no |
Recently Adopted and Pending Accounting Pronouncements | Recently Adopted and Pending Accounting Pronouncements In June 2022, the FASB issued ASU 2022-03, ASC Subtopic “Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions”. These amendments clarify that a contractual restriction on the sale of an equity security is not considered part of the unit of account of the equity security and, therefore, is not considered in measuring fair value. The amendments in this update are effective for public business entities for fiscal years, including interim periods within those fiscal years, beginning after December 15, 2023. Early adoption is permitted. The Company is currently assessing the impact of the adoption of this standard on its consolidated financial statements. The Company has considered all other recently issued accounting pronouncements and does not believe the adoption of such pronouncements will have a material impact on its financial statements. |
Summary of Significant Accoun_3
Summary of Significant Accounting Policies (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Accounting Policies [Abstract] | |
Schedule of Consolidated Subsidiaries and/or Entities | The Company’s consolidated subsidiaries and/or entities were as follows: Schedule of Consolidated Subsidiaries and/or Entities Name of Consolidated State or Other Date of Incorporation or Attributable THC Industries, LLC California 12/23/2015 (formed) 100 % Pineapple Express Consulting, Inc California 3/16/2017 100 % |
Schedule of Estimated Useful Lives Property and Equipment | The estimated useful lives of the classes of property and equipment are as follows: Schedule of Estimated Useful Lives Property and Equipment Office equipment 5 Furniture and fixtures 7 |
Property and Equipment (Tables)
Property and Equipment (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Property, Plant and Equipment [Abstract] | |
Schedule of Property and Equipment | Property and equipment as of March 31, 2023 and December 31, 2022 is summarized as follows: Schedule of Property and Equipment March 31, 2023 December 31, 2022 Furniture and fixtures $ 43,152 $ 43,152 Office equipment 12,321 12,321 Total property and equipment 55,473 55,473 Less: Accumulated depreciation (54,656 ) (53,115 ) Total property and equipment, net $ 817 $ 2,358 |
Notes Payable, Related Party (T
Notes Payable, Related Party (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Notes Payable Related Party | |
Schedule of Notes Payable Related Party Transactions | Notes payable-related party, are comprised of the following as of March 31, 2023 and December 31, 2022: Schedule of Notes Payable Related Party Transactions Noteholder Due Interest Rate Secured March 31, December 31, Rob Novinger Demand 0 % No $ 30,851 $ 30,851 |
Settlement Payable-Related Pa_2
Settlement Payable-Related Party (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Settlement Payable-related Party | |
Schedule of Settlement Payable Related Party | At March 31, 2023 and December 31, 2022, the settlement payable related party balance consists of the following: Schedule of Settlement Payable Related Party Noteholder March 31, December 31, Investor Three 615,000 615,000 Settlement payable $ 615,000 $ 615,000 |
Leases (Tables)
Leases (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Leases | |
Schedule of Operating Lease Liability | Schedule of Operating Lease Liability Discount March 31, December 31, Rate Maturity 2023 2022 Current 6.50 % 2027 $ 109,915 $ - Non-current 6.50 % 2027 479,714 - $ 589,629 $ - Balance - December 31, 2022 $ - Lease liability additions 616,043 Repayment of Lease liability (36,000 ) Imputed interest 9,586 Balance - March 31, 2023 $ 589,629 |
Schedule of Maturity of Lease Liabilities | The following table summarizes the maturity of our lease liabilities as of March 31, 2023: Schedule of Maturity of Lease Liabilities Year Ended December 31, 2023 $ 108,000 2024 144,000 2025 144,000 2026 144,000 2027 144,000 Total lease payments 684,000 Less: Imputed interest (94,371 ) Lease liabilities $ 589,629 |
Schedule of Right-of-Use Assets | As of March 31, 2023, the Company has right-of-use assets as follows: Schedule of Right-of-Use Assets Balance - December 31, 2022 $ - Additions 616,043 Amortization (26,414 ) Balance - March 31, 2023 $ 589,629 |
Advances on Agreements (Tables)
Advances on Agreements (Tables) | 3 Months Ended |
Mar. 31, 2023 | |
Advances On Agreements | |
Schedule of Advance on Agreement | At March 31, 2023 and December 31, 2022, advances on agreements balance consist of the following: Schedule of Advance on Agreement Noteholder March 31, December 31, Investor One and Investor Two 169,000 169,000 Advances on Agreements $ 169,000 $ 169,000 |
Organization and Description _2
Organization and Description of Business (Details Narrative) - USD ($) | 1 Months Ended | 3 Months Ended | 12 Months Ended | ||||||
Sep. 28, 2022 | Jan. 17, 2020 | Mar. 19, 2019 | Mar. 22, 2017 | Sep. 30, 2022 | Mar. 31, 2023 | Dec. 31, 2022 | Feb. 11, 2021 | Feb. 10, 2021 | |
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Entity state of incorporation | NV | ||||||||
Entity date of incorporation | Aug. 03, 1983 | ||||||||
Preferred stock, par value | $ 0.00 | $ 0.00 | |||||||
Purchase price | 20,000,000 | ||||||||
Common stock par value | $ 0.00 | $ 0.00 | |||||||
Exchange for forgiveness | $ 10,000 | ||||||||
Decrease in accounts payable | 376,287 | ||||||||
Decrease in notes payable | $ 10,000 | ||||||||
Gain on sale of subsidiary | $ 386,287 | ||||||||
Mr. Ortega [Member] | Pineapple Ventures, Inc. [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Equity method investment ownership, percentage | 45.17% | ||||||||
Mr. Ortega [Member] | Neu-Ventures, Inc. [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Equity method investment ownership, percentage | 100% | ||||||||
Pineapple Ventures, Inc. [Member] | Mr. Ortega [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Capital stock shares issued | 10,000 | 4,827 | 10,000 | ||||||
Existing loan cancelled | $ 1,062,000 | ||||||||
Equity method investments shares owned | 45,173 | ||||||||
Equity method impairment | $ 10,787,652 | ||||||||
Pineapple Ventures, Inc. [Member] | Mr. Ortega [Member] | Equity Interest [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Equity method investment ownership, percentage | 45.17% | ||||||||
Series A Convertible Preferred Stock [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Preferred stock, par value | $ 0.00 | $ 0.00 | |||||||
Share Exhange Agreement [Member] | Series A Convertible Preferred Stock [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Preferred stock, par value | $ 0.00 | ||||||||
Capital stock shares issued | 10 | ||||||||
Top Shelf Safe Display System [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Product retail amount | $ 30,000 | ||||||||
Pineapple Ventures, Inc. [Member] | Share Exhange Agreement [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Acquired percentage | 50% | ||||||||
Pineapple Ventures, Inc. [Member] | Share Exhange Agreement [Member] | Series A Convertible Preferred Stock [Member] | |||||||||
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] | |||||||||
Number of shares outstanding | 2,000,000 | ||||||||
Stock issued shares, conversion of convertible securities | 2,000,000 | ||||||||
Convertible preferred stock, shares issued upon conversion | 20,000,000 |
Schedule of Consolidated Subsid
Schedule of Consolidated Subsidiaries and/or Entities (Details) | 3 Months Ended |
Mar. 31, 2023 | |
Entity incorporation state country name | NV |
THC Industries LLC [Member] | |
Name of subsidiary | THC Industries, LLC |
Entity incorporation state country name | CA |
Date of incorporation | 12/23/2015 (formed) 2/16/2016 (acquired by us) |
Minority interest ownership percentage | 100% |
Pineapple Express Consulting Inc [Member] | |
Name of subsidiary | Pineapple Express Consulting, Inc |
Entity incorporation state country name | CA |
Date of incorporation | 3/16/2017 |
Minority interest ownership percentage | 100% |
Schedule of Estimated Useful Li
Schedule of Estimated Useful Lives Property and Equipment (Details) | Mar. 31, 2023 |
Office Equipment [Member] | |
Property, Plant and Equipment [Line Items] | |
Property plant and equipment useful lives | 5 years |
Furniture and Fixtures [Member] | |
Property, Plant and Equipment [Line Items] | |
Property plant and equipment useful lives | 7 years |
Summary of Significant Accoun_4
Summary of Significant Accounting Policies (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Prepaid expense | $ 5,000 | ||
Security Deposit | 32,000 | ||
Prepaid expense and security deposits | 37,000 | ||
Prepaid expense and security deposits | (37,000) | ||
Income loss from equity method investments | $ 504,136 | ||
Options or Warrants [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Antidilutive securities option or warrants | 0 | 0 | |
Convertible Debt Securities [Member] | |||
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items] | |||
Shares issuable for conversion of notes payable | 0 | 0 |
Going Concern (Details Narrativ
Going Concern (Details Narrative) - USD ($) | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | |||
Accumulated deficit | $ 23,596,219 | $ 23,528,700 | |
Net Income (Loss) Attributable to Parent | $ 67,519 | $ (375,215) |
Schedule of Property and Equipm
Schedule of Property and Equipment (Details) - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 |
Property, Plant and Equipment [Line Items] | ||
Total property and equipment | $ 55,473 | $ 55,473 |
Less: Accumulated depreciation | (54,656) | (53,115) |
Total property and equipment, net | 817 | 2,358 |
Furniture and Fixtures [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Total property and equipment | 43,152 | 43,152 |
Office Equipment [Member] | ||
Property, Plant and Equipment [Line Items] | ||
Total property and equipment | $ 12,321 | $ 12,321 |
Property and Equipment (Details
Property and Equipment (Details Narrative) - USD ($) | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Property, Plant and Equipment [Abstract] | ||
Depreciation expense | $ 1,541 | $ 1,600 |
Schedule of Notes Payable Relat
Schedule of Notes Payable Related Party Transactions (Details) - Related Party [Member] - USD ($) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2023 | Dec. 31, 2022 | |
Related Party Transaction [Line Items] | ||
Maturity Date | Demand | Demand |
Interest rate | 0% | 0% |
Secured | No | No |
Notes payable | $ 30,851 | $ 30,851 |
Notes Payable, Related Party (D
Notes Payable, Related Party (Details Narrative) - Related Party [Member] - USD ($) | 12 Months Ended | |
Dec. 31, 2022 | Mar. 31, 2023 | |
Related Party Transaction [Line Items] | ||
Related party transaction, related activity | $ 0 | |
Notes payable to related party | $ 30,851 | $ 30,851 |
Note Payable (Details Narrative
Note Payable (Details Narrative) - Line of Credit [Member] - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 | Jul. 02, 2016 |
Short-Term Debt [Line Items] | |||
Notes payable | $ 25,000 | ||
Line of credit | $ 26,609 | $ 26,609 | |
Principal amount | 19,838 | 19,838 | |
Accrued interest | $ 6,771 | $ 6,771 |
Schedule of Settlement Payable
Schedule of Settlement Payable Related Party (Details) - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 |
Defined Benefit Plan Disclosure [Line Items] | ||
Settlement payable | $ 615,000 | $ 615,000 |
Investor Three [Member] | ||
Defined Benefit Plan Disclosure [Line Items] | ||
Settlement payable | $ 615,000 | $ 615,000 |
Settlement Payable-Related Pa_3
Settlement Payable-Related Party (Details Narrative) - USD ($) | 12 Months Ended | |||
Dec. 31, 2018 | Mar. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2015 | |
Defined Benefit Plan Disclosure [Line Items] | ||||
Advances on agreements net noncurrent | $ 169,000 | $ 169,000 | ||
Due to related party | $ 148,000 | |||
Investor Three [Member] | ||||
Defined Benefit Plan Disclosure [Line Items] | ||||
Advances on agreements net noncurrent | $ 750,000 | |||
Deferred finance cost | 75,000 | |||
Note payable | $ 200,000 | |||
Investor Three [Member] | Minimum [Member] | ||||
Defined Benefit Plan Disclosure [Line Items] | ||||
Loss on settlement of debt | 97,800 | |||
Investor Three [Member] | Maximum [Member] | ||||
Defined Benefit Plan Disclosure [Line Items] | ||||
Loss on settlement of debt | $ 615,000 | |||
Investor Three [Member] | Related Party [Member] | ||||
Defined Benefit Plan Disclosure [Line Items] | ||||
Due to related party | $ 825,000 |
Related Party Transactions (Det
Related Party Transactions (Details Narrative) - USD ($) | 3 Months Ended | ||
Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2022 | |
Related Party Transaction [Line Items] | |||
Management consulting fees related parties | $ 75,000 | $ 59,000 | |
Other Liability, Current, Related and Nonrelated Party Status [Extensible Enumeration] | Affiliated Entity [Member] | Affiliated Entity [Member] | |
Due to affiliates | $ 148,000 | ||
Affiliated Entity [Member] | |||
Related Party Transaction [Line Items] | |||
Due to affiliates | |||
Director [Member] | Pineapple Consolidated Inc [Member] | |||
Related Party Transaction [Line Items] | |||
Debt amount | 124,000 | ||
Director [Member] | Pineapple Ventures [Member] | |||
Related Party Transaction [Line Items] | |||
Debt amount | $ 24,000 |
Schedule of Operating Lease Lia
Schedule of Operating Lease Liability (Details) - USD ($) | 3 Months Ended | |
Mar. 31, 2023 | Dec. 31, 2022 | |
Leases | ||
Discount rate | 6.50% | |
Maturity | 2027 | |
Operating lease liability current | $ 109,915 | |
Discount rate | 6.50% | |
Maturity | 2027 | |
Operating lease liability Non current | $ 479,714 | |
Operating lease liability | 589,629 | |
Balance - December 31, 2022 | ||
Lease liability additions | 616,043 | |
Repayment of Lease liability | (36,000) | |
Imputed interest | 9,586 | |
Balance - March 31, 2023 | $ 589,629 |
Schedule of Maturity of Lease L
Schedule of Maturity of Lease Liabilities (Details) - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 |
Leases | ||
2023 | $ 108,000 | |
2024 | 144,000 | |
2025 | 144,000 | |
2026 | 144,000 | |
2027 | 144,000 | |
Total lease payments | 684,000 | |
Less: Imputed interest | (94,371) | |
Operating lease liability | $ 589,629 |
Schedule of Right-of-Use Assets
Schedule of Right-of-Use Assets (Details) - USD ($) | 3 Months Ended | |
Mar. 31, 2023 | Mar. 31, 2022 | |
Leases | ||
Balance - December 31, 2022 | ||
Additions | 616,043 | |
Amortization | (26,414) | |
Balance - March 31, 2023 | $ 589,629 |
Leases (Details Narrative)
Leases (Details Narrative) - USD ($) | 3 Months Ended | |||
Jan. 15, 2023 | Jan. 11, 2023 | Mar. 31, 2023 | Mar. 31, 2022 | |
Leases | ||||
Monthly payments | $ 16,000 | $ 12,000 | ||
Lease term | 5 years | 5 years | ||
Sublease revenue | $ 45,600 |
Schedule of Advance on Agreemen
Schedule of Advance on Agreement (Details) - USD ($) | Mar. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2018 |
Defined Benefit Plan Disclosure [Line Items] | |||
Advances on agreements | $ 169,000 | $ 169,000 | |
Investor One and Investor Two [Member] | |||
Defined Benefit Plan Disclosure [Line Items] | |||
Advances on agreements | $ 169,000 | $ 169,000 | $ 187,500 |
Advances on Agreements (Details
Advances on Agreements (Details Narrative) - USD ($) | 1 Months Ended | 3 Months Ended | 12 Months Ended | ||||||||||
Mar. 10, 2023 | Sep. 28, 2022 | Feb. 15, 2019 | Mar. 18, 2016 | Feb. 16, 2016 | Feb. 28, 2019 | Mar. 31, 2023 | Mar. 31, 2022 | Dec. 31, 2019 | Dec. 31, 2018 | Dec. 31, 2022 | Mar. 31, 2016 | Mar. 22, 2016 | |
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Rent payment | $ 3,750 | ||||||||||||
Advances on agreements current | 169,000 | $ 169,000 | |||||||||||
Number of shares issued, shares | 2,500,000 | ||||||||||||
Number of shares issued | $ 100,000 | ||||||||||||
Investor One [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Advances on agreements current | 187,500 | ||||||||||||
Number of shares issued | $ 200,000 | ||||||||||||
Debt periodic payment | $ 10,000 | $ 10,000 | |||||||||||
Interest expense | $ 4,125 | ||||||||||||
Investor One [Member] | Binding Letter of Intent One [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Payments to acquire property | $ 125,000 | ||||||||||||
Repurchase financed property | 187,500 | ||||||||||||
Rent payment | $ 3,750 | ||||||||||||
Escrow deposit | $ 40,768 | ||||||||||||
Number of shares issued, shares | 20,000 | ||||||||||||
Number of shares issued | $ 10,000 | ||||||||||||
Investor One [Member] | Binding Letter of Intent One [Member] | Related Party [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Due from related parties | $ 125,000 | ||||||||||||
Investor One [Member] | Binding Letter of Intent Two [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Advances on agreements current | 191,625 | ||||||||||||
Investor Two [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Escrow deposit | $ 350,000 | ||||||||||||
Investor Two [Member] | Binding Letter of Intent One [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Deferred liability | 62,500 | ||||||||||||
Investor Two [Member] | Binding Letter of Intent Two [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Payments to acquire property | $ 350,000 | ||||||||||||
Repurchase financed property | 500,000 | ||||||||||||
Escrow deposit | 165,768 | ||||||||||||
Purchase price of property | $ 515,000 | ||||||||||||
Investor Two [Member] | Binding Letter of Intent [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Forfeited escrow deposits | $ 165,768 | ||||||||||||
Investor One and Investor Two [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Advances on agreements current | 169,000 | $ 187,500 | $ 169,000 | ||||||||||
Number of shares issued | 11,000 | ||||||||||||
Debt periodic payment | 10,000 | ||||||||||||
Additional expense | 8,375 | ||||||||||||
Reduced value | $ 1,000 | ||||||||||||
Advances on agreements | 0 | $ 0 | |||||||||||
Investor One and Investor Two [Member] | Binding Letter of Intent One [Member] | |||||||||||||
Defined Benefit Plan Disclosure [Line Items] | |||||||||||||
Notes payable | $ 125,000 | ||||||||||||
Number of shares issued, shares | 20,000 |
Stockholders_ Equity (Details N
Stockholders’ Equity (Details Narrative) - USD ($) | 3 Months Ended | |||
Mar. 31, 2023 | Mar. 31, 2022 | Feb. 16, 2023 | Dec. 31, 2022 | |
Class of Stock [Line Items] | ||||
Capital units authorized | 525,000,000 | |||
Capital stock par value | $ 0.00 | |||
Preferred stock, shares authorized | 20,000,000 | 20,000,000 | ||
Common stock, shares authorized | 500,000,000 | 500,000,000 | ||
Preferred stock, shares issued | 0 | 0 | ||
Preferred stock, shares outstanding | 0 | 0 | ||
Stock subscription | $ 150,000 | |||
Proceeds from stock subscription received | $ 100,000 | |||
Stock subscription received shares | 400,000 | |||
Share price | $ 0.25 | |||
Common stock, shares issued | 71,763,569 | 71,163,569 | ||
Common stock, shares outstanding | 71,763,569 | 71,163,569 | ||
Common Stock [Member] | ||||
Class of Stock [Line Items] | ||||
Common stock share issued | 600,000 | |||
Series A Convertible Preferred Stock [Member] | ||||
Class of Stock [Line Items] | ||||
Preferred stock, shares authorized | 5,000,000 | 5,000,000 | ||
Preferred stock, shares issued | 0 | 0 | ||
Preferred stock, shares outstanding | 0 | 0 |
Commitments and Contingencies (
Commitments and Contingencies (Details Narrative) - USD ($) | 3 Months Ended | 12 Months Ended | ||||||
May 11, 2021 | Jan. 22, 2018 | Dec. 11, 2017 | Mar. 31, 2023 | Dec. 31, 2022 | Dec. 31, 2020 | Dec. 31, 2021 | Oct. 27, 2020 | |
Hawkeye v. Pineapple Express, Inc [Member] | ||||||||
Plaintiff claimed damages | $ 900,000 | |||||||
Claims from court | 615,000 | $ 615,000 | ||||||
Sharper, Inc v.Pineapple Express, Inc [Member] | ||||||||
Amount in controversy | 32,500 | |||||||
Principal amount | 15,375 | |||||||
Contingent liabilities | 18,692 | 18,692 | ||||||
Cunningham Pineapple Express, Inc [Member] | ||||||||
Judgment award transitioned | $ 47,684 | |||||||
Cunningham v.Pineapple Express, Inc [Member] | ||||||||
Judgment award transitioned | $ 2,367 | |||||||
StoryCorp Consulting, dba Wells Compliance Group [Member] | ||||||||
Contingent liabilities | 29,280 | $ 29,280 | $ 23,805 | |||||
Judgment award transitioned | $ 29,280 | $ 15,000 | ||||||
Russ Schamun [Member] | ||||||||
Contingent liabilities | 7,500 | 7,500 | ||||||
Pineapple Express, Inc. [Member] | ||||||||
Stipulated judgment claimed | 60,000 | |||||||
Notes payable related parties current | $ 30,851 | $ 30,851 |
Subsequent Events (Details Narr
Subsequent Events (Details Narrative) - USD ($) | Mar. 10, 2023 | Sep. 28, 2022 | Feb. 15, 2019 |
New issues | 2,500,000 | ||
Annual escalation rate | 4% | ||
Investor One [Member] | |||
Installment payaments | $ 10,000 | $ 10,000 | |
Mathew Feinstein [Member] | |||
Ownership percentage | 8% | ||
Pineapple Wellness Inc [Member] | |||
Ownership percentage | 100% |