Transcanna Holdings Inc. TCAN Archives

FridaySep 20, 2019 9:54 am

QualityStocksNewsBreaks – Youngevity International Inc. (NASDAQ: YGYI) Announces Pricing of $7.25M Underwritten Public Offering

Youngevity International (NASDAQ: YGYI), a leading multi-channel lifestyle company operating in three distinct business segments, on Thursday announced the pricing of its underwritten public offering of 290,000 shares of its 9.75% Series D Cumulative Redeemable Perpetual Preferred Stock, each at price of $25.00. The company expects to receive approximately $7,250,000 in gross proceeds from the offering, with the closing, subject to the satisfaction of customary conditions, expected to occur on or about September 24, 2019. The shares are expected to be traded under the symbol "YGYIP" on Nasdaq and will not be convertible into or exchangeable for any of the…

FridaySep 20, 2019 9:18 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) Completes SolDaze Acquisition

TransCanna Holdings (CSE: TCAN) (FRA: TH8) on Thursday announced that it has closed the acquisition of all the outstanding equity interest in Tres Ojos Naturals LLC, currently doing business as SolDaze. TransCanna paid a purchase price comprised of a cash payment of $200,000 (including a previously paid deposit of $50,000) and the issuance of 810,000 common shares at a deemed price of $1.14 each. Another cash payment of $150,000 will be paid on November 15, 2019 to satisfy the remaining cash portion of the purchase price. TCAN and the vendors entered into a voluntary pooling agreement concerning the closing share…

TuesdaySep 17, 2019 11:37 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) Appoints Consumer Products and Healthcare Industry Veteran Peter Vitulli to its Board

TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) this morning announced its appointment of Peter Vitulli to its board of directors. According to the update, Vitulli currently serves as an operating advisor at Windrose Health Investors and has extensive experience spanning 35 years in the consumer products and healthcare industries with both large corporations and entrepreneurial start-ups. Earlier in his career, Peter was president and general manager of the $1 billion North American Gatorade business. He most recently served as president and CEO of DNA Diagnostics Center, one of the world's largest providers of private DNA tests. "I have a long-standing…

FridaySep 13, 2019 9:29 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) Inks Agreement to Acquire Outstanding Shares of Lyfted Farms Inc.

TransCanna Holdings (CSE: TCAN) (FRA: TH8) on Thursday announced that it has signed a binding agreement to acquire all the outstanding shares of Lyfted Farms Inc. for a purchase price of $6,300,000. The purchase price will be comprised of $5,550,000 in cash and the issuance of 1,000,000 TransCanna common shares. A deposit of $150,000 has already been advanced and the remainder of the cash portion, totaling $400,000, will be payable on closing in addition to the issuance of a non-interest-bearing promissory note by TransCanna in the amount of $5,000,000. This agreement updates the terms of the previous non-binding letter of…

TuesdaySep 03, 2019 12:26 pm

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) Releases Corporate Update

TransCanna Holdings Inc. (CSE: TCAN) (FRA: TH8) this morning announced its appointment of President and CEO Steve Giblin, who will also continue as an executive director for the company while Arni Johannson will remain its chairman of the board. The company thanks former CEO Jim Pakulis for his efforts launching TransCanna and establishing multiple strategic relationships. Per the update, Giblin has led the rapid growth of multiple companies in Europe, Canada and the United States and has worked closely with other industry leading brands with C-suite relationships that include Marriott, Hilton, Bentall Kennedy and Great West Life. "Significant effort has…

TuesdayAug 27, 2019 10:08 am

QualityStocksNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) Warrants Commence Trading on the CSE

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced that 4,207,083 common share purchase warrants began trading on the Canadian Securities Exchange (“CSE”) under the symbol ‘TCAN.WT’ as the market opened today. The warrants, each of which entitle the holder to purchase one common share of the company, were issued in accordance with a private placement financing that closed in April 2019. The warrants will expire on April 4, 2022. To view the full press release, visit http://ibn.fm/Vqk4t About TransCanna Holdings Inc. TransCanna Holdings is a Canadian-based company providing branding, transportation and distribution services, through its wholly owned California subsidiaries,…

FridayAug 16, 2019 10:35 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Appoints Ian Klassen to Board of Directors

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced a new appointment to its board of directors. Ian Klassen joins the board and will additionally serve as chair of the company's audit committee. Klassen brings nearly 30 years of experience in business management, public relations and government affairs to the company. His background includes serving as chief of staff to the Canadian Speaker of the House of Commons, as well as extensive experience in the administration of public companies, finance, government policy, media relationship strategies, business/government project management and legislative decision-making. “I would like to welcome Ian to our team,”…

WednesdayAug 14, 2019 11:48 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Definitive Agreement with SolDaze

TransCanna Holdings (CSE: TCAN) (FSE: TH8) this morning announced its entry into a definitive purchase agreement for all of the outstanding equity interest in Tres Ojos Naturals LLC, doing business as SolDaze, a Santa Cruz, California-based limited liability company. Per the update, the transaction will absorb SolDaze's branding asset package into the company's expanding asset portfolio, providing what it believes will be significant penetration into the cannabis market in California. “We are very pleased and excited to welcome the SolDaze team into the TransCanna family. We would like to recognize their efforts, achievements and in particular their patience and dedication…

ThursdayJul 18, 2019 2:49 pm

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Adds Top-Tier Executive to Ranks

TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently named Alan R. Applonie as general manager of its Modesto facility (http://ibn.fm/ndEOZ). A recent article discussing the company reads, “The appointment was made after screening of top-tier talent from the industry for a period of six months. Applonie most recently oversaw a major consumer-goods facility that generated approximately $300 million in annual gross revenues. He will be overseeing all of the manufacturing and related activities at the 196,000-square-foot hub, as well as other units being acquired in Stanislaus County. . . . With this one single move, TransCanna has instilled years of experience,…

MondayJul 08, 2019 9:45 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Definitive Agreement to Acquire The GoodFellas Group LLC

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) this morning announced its entry into a definitive acquisition agreement dated July 6, 2019, to acquire The Goodfellas Group LLC, a company specializing in branding, sales and marketing in the cannabis and hemp industries. According to the update, the acquisition includes the GoodFellas sales management team and sales force, as well as its existing inhouse brands, Simple Farms and Daily Cannabis Goods. Goodfellas also represents third party cannabis brands, including Biovelle, a CBC-infused coconut oil that TransCanna proposes to acquire. "As represented in our investor conference call last week we've accomplished the first…

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