Pineapple Express Cannabis (PNXP) Gross Margin
Pineapple Express Cannabis (PNXP) does not report a gross margin in our data yet. Margins are stable over recent quarters. The company is a multi-state cannabis operator (MSO) trading on the OTC.
Current Gross Margin
—
Margin Trend
Stable
Latest Quarter Margin
100.0%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2024 Q4 | $4.3K | $0 | $4.3K | 100.0% |
| FY2024 Q3 | $9.9K | $0 | $9.9K | 100.0% |
| FY2024 Q2 | $2.0K | $0 | $2.0K | 100.0% |
Frequently Asked Questions
What is PNXP's current gross margin?+
Gross margin for Pineapple Express Cannabis is calculated as (revenue minus cost of revenue) divided by revenue, expressed as a percentage. It measures how efficiently the company converts sales into gross profit before operating expenses. Higher margins indicate better pricing power or lower production costs.
What is a good gross margin for cannabis companies?+
Cannabis gross margins vary widely by sub-sector. Retailers typically see 40-55%, vertically integrated MSOs 45-60%, and LPs 20-45%. Pineapple Express Cannabis's margin should be compared to peers in the same sub-sector for meaningful context. Margins above 50% generally indicate strong pricing power.
Why do PNXP's margins change quarter to quarter?+
Gross margin fluctuations for Pineapple Express Cannabis can result from changes in product mix, pricing pressure from competition, input cost changes (e.g., energy, labor), inventory write-downs, or scaling into new markets where initial costs are higher. Seasonal harvest patterns can also affect margins for cultivators.