#transcanna

There are two things investors like to see: good deals and good people. On June 17, 2019 Biome Grow (BIO.C)’s 100%-owned subsidiary, Highland Grow received conditional approval to begin retail sales of cannabis in Saskatchewan. That’s a good deal for Biome. Equity Guru’s Sam Bourgi states that, “University of Regina professor Jason Childs expects Saskatchewanians …

Vancouver, British Columbia–(Newsfile Corp. – May 6, 2019) – Transcanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce to announce that it has appointed Haywood Securities Inc. (“Haywood”) to act as lead agent on behalf of a syndicate of agents to be formed (collectively, the “Agents”) to sell, by way of a private placement on a best efforts basis, up to 2,000,000 units of the Company (each a “Unit”) at a price of $5.00 per Unit (the “Issue Price”) for gross proceeds of up to $10,000,000 (the “Offering”), subject to receipt of all applicable regulatory approvals. Each Unit will comprise one common share of the Company (each a “Share”) and one half of one common share purchase warrant (each whole warrant, a “Warrant”). Each Warrant will entitle the holder to acquire an additional Share at a price of $6.00 for a period of 36 months from the date of closing of the Offering (the “Closing Date”). The Warrants will be subject to an acceleration clause that would require their exercise within thirty days of notice from the Company in the event that the price of the Shares closes at or above $10.00 for a period of 20 …

Vancouver, British Columbia–(Newsfile Corp. – May 3, 2019) – Transcanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce today the execution of a non-binding Letter Of Intent dated April 30th, 2019 to acquire the branding asset package, Biovelle, a hemp-based CBD coconut oil from an arm’s length third party. Biovelle is an organic hemp infused CBD coconut oil www.Biovelle.com. It is non-GMO, vegan and gluten-free. The coconut oil is sourced from organic plantations in the Philippines and the CBD is derived from Colorado-grown industrial hemp farms. “With the passing of the Farm Bill and the explosive growth of the hemp sector we decided to expedite our formation of our hemp related division. Acquiring Biovelle is the perfect fit. It represents a clean, natural healthy way to experience hemp derived CBD combined with the benefits of coconut oil, and it’s also an excellent catalyst to create a complete line of Biovelle products,” stated Jim Pakulis, CEO of TransCanna. The value add with the hemp division is significant; we’re immediately able to expand our sales footprint worldwide subsequent to the acquisition begin to sell to boutique outlets such as gyms, nutritional stores, and convenient stores, as well as large …

Vancouver, British Columbia–(Newsfile Corp. – April 30, 2019) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) applied for a permanent manufacturing, distribution and a transportation license this week with the city of Adelanto, CA. “Our immediate focus is to be able to have our city and state licenses in place in Adelanto as soon as possible. Subsequent to the GoodFellas acquisition we will be able to prepare and package the Daily Cannabis Brand pre-rolls at the facility and then deliver the products to the dispensaries without the need to bring in a third party,” stated Jim Pakulis, CEO of TransCanna. “And as previously stated, the Daily Cannabis Brand has trended in percentage of sales increase since it began selling in the summer of 2018, and our goal is to provide not only the Daily Cannabis Brand with the necessary resources to continue and grow, but to use the Adelanto facility as the first TransCanna satellite distribution network facility throughout the state in an effort to provide reliability, consistency and quality to the dispensaries, and just as importantly scale TransCanna’s ecosystem as expeditiously as possible.” The Company will provide an update later in the week as it …

Gone are the days where cannabis of questionable quality was bought from less than savoury drug dealers in shadowy places. The modern cannabis industry is quickly evolving into a polished, corporatized and highly regulated American mainstay. In the ongoing pursuit of innovation and cost savings, a wide variety of ancillary businesses have cropped up to support this burgeoning industry. These companies offer everything from extraction as a service to assistance with attaining licensing. If one company could bring some or all of these activities under one umbrella, they stand to realize significant growth in market share and the revenues that come with it. The California Cannabis Industry After 20 years as the world’s largest medical marijuana market, California legalized cannabis for recreational use in November 2016. Since then, the Golden State has established a multi-billion dollar market, with a large variety of grow-houses, manufacturing facilities, and retail outlets springing up all over the state. Consumers spent over $5 billion at Californian dispensaries in 2017 and 2018 combined (approximately equal to the combined markets of Colorado, Washington, and Oregon), with the market expected to grow to nearly $6 billion annually by 2020. Businesses operating in the state have had to deal …

Vancouver, British Columbia–(Newsfile Corp. – April 23, 2019) – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) announces that the acquisition of GoodFellas will result in acquiring an additional existing brand called Daily Cannabis Goods (“Daily”). The Daily brand consists of three quality half gram pre-rolls which are attractively packaged and priced. “The Daily brand is a perfect fit for TransCanna,” Stated Jim Pakulis, CEO of TransCanna. “The start-up costs were nominal, it has SKU velocity now that it’s selling in over thirty dispensaries, and it’s constantly beating the competition due to consumer demand.” “The Daily brand has seen a steady consistent increase in sales since it commenced in August 2018. The first-month shipments of units exceeded 2,100 and by December the number of units shipped for the month exceed 10,000. We anticipate closing the acquisition of GoodFellas by May 20th, and then we’ll budget accordingly in order to work on increasing units sold.” Subsequent to the acquisition, TransCanna anticipates expanding the Daily line to include three additional SKU’s. For further information, please visit the Company’s website at www.transcanna.com. About TransCanna Holdings Inc. TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its …