(CSE: TCAN) (FSE: TH8)
Why TransCanna?
- $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 distributor 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
- Announced an Inventory and Product Agreement with Cali Plug UHCC for its highly anticipated inaugural retail location.
- Cali Plug was founded in 2006 and is a significant influencer in the cannabis space, with approximately 200,000 Instagram followers (@caliplug)
- Entered MOU with major agriculture firm KeyPlex, to create and market high quality bio-pesticides,
- bio-fungicides, and fertilizers with micronutrients specifically created for the cannabis industry
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FULL DISCLOSURE: TransCanna Holdings is an advertising client of AGORA Internet Relations Corp.
Tags: Cannabis, CBD, CSE, Hemp, Marijuana, small cap stocks, stocks