#tcan

TCI host, Miss Universe Canada 2019 and Cannabis Crusader Alyssa Boston interviews Steve Giblin, CEO of TransCanna Holdings (CSE: TCAN OTC: TCNAF FRA: TH8)

Vancouver, British Columbia–(Newsfile Corp. – March 20, 2019) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce that the Company has signed definitive closing documents to acquire the land, building and asset package (the “Property”) which includes an existing 196,000 square foot facility on 5.5 acres of land as well as cannabis packaging and processing equipment. As referenced in the Company’s February 4th, 2019 press release, the facility has undergone major renovations over the past twenty-four months which has created specific divisions for nursery, cultivation, manufacturing, extracting, bottling, remediation, and transportation & distribution. The total cost for the renovations was US$8 million. “Acquiring arguably the largest vertically integrated cannabis centric three-storey multi-purpose facility in California reinforces our strategy to be fully self-contained in our ecosystem. We also have an additional 5 acres in the green zone adjacent to the facility to build up to 600,000 sq. ft. three-storey grow facility to supply our own biomass for the brands we acquire or create,” stated Jim Pakulis, CEO of TCAN. The total purchase price for the Property is US$15 million. The Company paid the sellers a US$250,000 non-refundable deposit, and will pay a US$8 million down …

Vancouver, British Columbia–(Newsfile Corp. – March 14, 2019) – TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce that as a result of significant demand, the Company’s brokered private placement of 5,000,000 Units at CDN$2.00 per Unit (the “Offering”), as announced on February 20, 2019, is oversubscribed. Consequently, the Company has increased the Offering by sixty percent to a maximum of 8,000,000 Units to raise gross proceeds of CDN$16,000,000. Haywood Securities Inc. has been joined by Canaccord Genuity Corp. to co-lead a syndicate of agents, which includes Gravitas Securities Inc. (collectively, the “Agents”). “We’re humbled by the demand for our private placement,” said Jim Pakulis, President and CEO of TCAN. “We have attracted a broad range of investors and are dedicated to executing our business plan as well as delivering value to our shareholders while continually growing our shareholder base.” The Company intends to use the net proceeds of the Offering to partially fund the acquisition of a 196,000 square foot vertically integrated cannabis facility in Modesto California, as announced on February 4, 2019. Any remaining funds will be used for equipment acquisition and general working capital. The Company anticipates using debt financing in combination …

Vancouver, British Columbia–(Newsfile Corp. – March 12, 2019) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce the appointment of new Director, Mr. Steve Giblin. Mr. Giblin is an accomplished leader in the Global hospitality, technology and real estate industries with a demonstrated track record of value creation. Mr. Giblin has strong C suite relationships with Marriott, Hilton, and Radisson brands and he managed the Silverbirch and Delta hotel real estate portfolios for the British Columbia Investment Management Corporation. As CEO of Silverbirch, he grew revenues from $280m up to $500m and increased the portfolio value over 50%. He has worked closely with other companies including established brands like that of Bentall Kennedy, Great West Life and general contractors, Ellis Don, PCL and Bird. “We’re extremely pleased to welcome Steve to our team. His Expertise managing complex businesses in competitive markets and the breadth of his experience will assist us in our growth initiative and follow through on our corporate governance initiatives,” stated Jim Pakulis CEO. “I am looking forward to working with The Management and the board to create value for our investors and continue to grow the company. I recognize the unique position that …

Vancouver, British Columbia–(Newsfile Corp. – March 4, 2019) – TransCanna Holdings Inc.(CSE: TCAN) (XETR: TH8) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce that it has appointed Arni Johannson as President. Mr. Johannson has over thirty years operating and investing in both private & publicly traded companies throughout Canada and the USA. Mr. Johannson’s has had numerous successful exits across a number of different sectors and has served on more than 20 corporate board of directors during this time. “Once we presented TransCanna’s vision to Arni he immediately understood the potential and agreed to not only be a director but also President of the company. I firmly believe his operating knowledge and vast network and experience will assist in expediting our growth as being arguably the largest self-contained, vertically integrated company owning up to fifteen premium brands in California,” states Jim Pakulis, CEO of TransCannna. The company has retained the services of Rok Marketing, Inc. for investor relations and marketing activities over one month term for fee of US$150,000 and the issuance of 25,000 common shares. The common shares issuable will be issued at the end of the agreement term and will be subject to resale restrictions pursuant to …