Pineapple Express taps Boladale Lawal for FY26 audit

By AI, Created 9:44 AM UTC, May 20, 2026, /AGP/ – Pineapple Express Cannabis Company has hired Boladale Lawal & Co. as its independent auditor for the fiscal year ended Jan. 31, 2026, after dismissing its prior accounting firm. The move comes as the company pushes forward with a transition toward AI-enabled operations and prepares its next annual report.

Why it matters: - Pineapple Express Cannabis Company needs a PCAOB-registered auditor to complete its fiscal 2026 financial statements for its Form 10-K filing. - The auditor switch lands as the company says it is moving toward AI-enabled corporate operations. - Audit continuity matters for a micro-cap SEC filer because delayed or disputed financial reporting can affect market confidence and compliance.

What happened: - On April 25, 2026, Pineapple Express board members approved Boladale Lawal & Co. as the company’s independent registered public accounting firm. - The Lagos-based firm, PCAOB ID 6993, will audit the consolidated financial statements for the fiscal year ended Jan. 31, 2026. - Pineapple Express also dismissed its prior independent auditor, Aloba Awomolo & Partners, PCAOB ID 7275. - The company disclosed the change on May 5, 2026.

The details: - Boladale Lawal & Co. is a chartered accounting firm registered with the Public Company Accounting Oversight Board. - The FY26 audit will be included in Pineapple Express’s Annual Report on Form 10-K. - Frank Yglesias, chairman and chief executive officer, said the PCAOB-registered engagement reflects a disciplined, supervised audit process. - Yglesias also said Pineapple Express appreciates Aloba Awomolo & Partners’ work on prior periods. - Pineapple Express identified itself as OTCID: PNXP and said it files periodic reports with the U.S. Securities and Exchange Commission. - The company said its flagship product is ExecutivesBOT, a subscription AI executive platform for OTC-listed micro-cap issuers and SEC-reporting smaller reporting companies. - The company said more information is available at the company’s announcement.

Between the lines: - The auditor change suggests Pineapple Express is prioritizing a formalized reporting structure while it tries to reposition its business around AI services. - The company also appears to be leaning harder into compliance signaling, including PCAOB registration and crypto-signed recordkeeping claims for ExecutivesBOT invoices. - The press release includes extensive forward-looking risk language, which signals that timing and outcome of the audit are still uncertain.

What’s next: - Pineapple Express said Boladale Lawal & Co. will complete the FY26 audit for the company’s annual filing. - The company expects ExecutivesBOT to enter general availability in late May 2026 at executives.bot. - Pineapple Express also outlined subscription pricing of $999 per issuer per month, with discounts for six- and 12-month prepayment and an additional Bitcoin payment discount. - The company said invoices will be cryptographically signed and retained for seven years under 17 CFR § 240.17a-4.

The bottom line: - Pineapple Express has changed auditors and is betting that tighter reporting and an AI-focused product launch will support its next phase.