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VIDEO: Transcanna $TCAN.ca Revenue Run Rate Of $24M Will Increase To $90M When 196,000 Sq Ft Facility Comes Online In 2021

Posted by AGORACOM-JC at 4:04 PM on Wednesday, June 3rd, 2020
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  • $2M CAD Revenue April 2020
  • $24.6M CAD Revenue Run Rate solely from TransCanna test facility
  • $90M Annual Revenue expected from first full year upon completion of 196,000 Sq Ft Daly facility Q3 2021
  • Daly facility will be one of the largest cannabis facilities in California
  • Recently acquired two California companies,
    • High-end award winning edible producer Soldaze
    • Premium indoor cultivator and distributer Lyfted Farms
  • Lyfted Farms products sold in select Cookies Locations – The most recognizable name in high-end Cannabis.
  • 2019 California Cannabis sales over $3B, industry currently fragmented
  • Direct to dispensary model, cutting out the middleman

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This entry was posted on Wednesday, June 3rd, 2020 at 4:04 pm and is filed under AGORACOM Via Satellite, Featured, TransCanna Holdings Inc.. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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