Santo Mining ( (SANP) ) has provided an announcement.
On March 5, 2025, Pineapple Express Cannabis Company acquired a controlling interest in GROOVY Company, Inc. through a strategic share exchange agreement, making GROOVY a subsidiary. This transaction is expected to enhance GROOVY’s blockchain-based cannabis authentication platform by leveraging Pineapple Express’s established industry presence, aiming to revolutionize product verification and expand market reach.
More about Santo Mining
GROOVY Company, Inc., formerly known as Santo Mining Corp., operates in the cannabis industry by providing a blockchain-based Platform as a Service (PaaS) that enhances transparency, security, and efficiency throughout the supply chain. The platform uses NFT-based QR codes to verify the authenticity and origin of cannabis products, offering features such as a genetic library, rewards program, and data analytics tools to support growers, manufacturers, retailers, and consumers.
Current Market Cap: $11.76K
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