Artist’s rendering of new 10 acre “Pineapple Park” cannabis cultivation complex planned for Desert Hot Springs.
A Los Angeles-based cannabis company is poised to “rake in the green” at their new operation in Desert Hot Springs.
The company, Pineapple Express, Inc., is one of several new business ventures in the city, looking to capitalize on the booming demand for medicinal marijuana. They’re also betting that California voters will approve recreational pot use in November.
The company is part of a wave of investors and entrepreneurs flocking to Desert Hot Springs, in the wake of voters approving local ordinances, which allow the city to tax the sale of medicinal marijuana, and tax the cultivation of cannabis.
Pineapple Express CEO Matthew Feinstein says his company will eventually occupy 10 buildings in Desert Hot Springs at a complex called “Pineapple Park”.