Transcanna Holdings Inc. TCAN Archives - Page 6 of 6

FridayFeb 08, 2019 9:49 am

QualityStocksNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) Acquisition of GoodFellas to Include Proprietary Simple Brand and User-Friendly Cannabis Kit

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that in addition to the branding and marketing business of Goodfellas Group, LLC, subject to completion of the previously-announced acquisition, the company will acquire its existing in-house brand "Simple". The Goodfellas team, through Simple, has created as a user friendly, smart cannabis package called the Simple Kit(TM) to assist first time consumers to experience cannabis in a positive way. The Simple Kit comes in user-friendly packaging, with a box that can be transformed into a tray when opened, and includes a child proof/waterproof/airtight container/grinder, a portion of cannabis, filter tips, a cannabis…

MondayFeb 04, 2019 10:41 am

TransCanna Holdings Inc. (CSE: TCAN) Signs LOI to Acquire Goodfellas Group LLC, Continuing Growth Strategy

LOI signed to acquire full-service advertising/marketing agency Goodfellas Group LLC, which serves cannabis/hemp industries throughout the U.S. TransCanna recently closed IPO, generating C$2.2 million in gross proceeds Principal business centers on branding, transportation, distribution, logistics and fulfillment services to California’s medical and adult-use cannabis industry Selection of Purple Crown Communications Corp. of Vancouver, Canada, as IR consultant is expected to build shareholder base, attract potential investors U.S. legal cannabis industry projected to reach $23.4 billion in consumer spending in 2022, growing at a 22 percent CAGR from 2017-2022 TransCanna Holdings Inc. (CSE: TCAN), which recently raised C$2.2 million through its…

MondayFeb 04, 2019 9:42 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Enters Option Agreement to Acquire 196,000 Square Foot Cannabis Facility

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) today announced that, on February 1, 2019, it accepted an assignment of a real estate option agreement from its CEO, Jim Pakulis, to acquire an asset package that includes an existing 196,000 square foot facility on 6.5 acres of land, as well as cannabis processing and packaging equipment. Should the option be exercised, the purchase price of the property is an aggregate of $15 million, payable in cash. Over the past two years, approximately $8 million in tenant improvements have been completed to create a vertically-integrated cannabis facility at the site. The arms-length…

TuesdayJan 29, 2019 12:30 pm

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Enters LOI for Acquisition of Goodfellas Group, LLC

TransCanna Holdings (CSE: TCAN) (XETR: TH8) today announced that it has signed a non-binding letter of intent to acquire a full service advertising and marketing agency for the cannabis and hemp industries, Goodfellas Group, LLC, from which TransCanna is already acquiring 23 branding agreements. 60 percent of acquisition price (two times the previous 12 months revenues, at the time of execution of definitive agreements, as set forth in Goodfellas audited financial statements), will be paid at closing, half of which payable in cash and half payable through the issuance of the company's common shares. The remaining 40 percent of the…

WednesdayJan 23, 2019 11:11 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Engages Purple Crown Communications for IR Services

TransCanna Holdings (CSE: TCAN) today announced that it has engaged Purple Crown Communications Corp. of Vancouver to act as its investor relations consultant, subject to regulatory approval of applicable filings with the Canadian Securities Exchange. Per the update, Purple Crown will assist TransCanna in broadening its shareholder base and creating effective communications with shareholders and potential investors. TransCanna has retained Purple Crown at a monthly fee of $7,000 for a twelve-month term, thereafter renewable on a monthly basis on mutual agreement. Purple Crown does not have any interest, directly or indirectly, in TransCanna or its securities with exception to the…

TuesdayJan 22, 2019 11:10 am

TransCanna Holdings Inc. (CSE: TCAN) Completes IPO, Receives Temporary Distribution License and Gains Approval to Trade on Frankfurt Exchange

TransCanna Holdings, through affiliate TCM Distribution Inc. (“TCMD”), has secured local licenses in Adelanto, California, and recently received a California temporary distribution license The company closed an IPO funding share sale on January 8 to bring in aggregate gross proceeds of C$2.2 million TransCanna’s affiliate, TCMD, is leasing a small permitted facility and negotiating with its landlord to lease a new 20,000 sq. ft. facility when construction is completed TransCanna received approval to commence trading on the Frankfurt Exchange using ticker symbol ‘TH8’ TransCanna Holdings Inc. (CSE: TCAN) recently completed its initial public offering (“IPO”) of 4.4 million units at…

TuesdayJan 22, 2019 10:00 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Approved for Trading on the Frankfurt Stock Exchange; Appoints New Director

TransCanna Holdings (CSE: TCAN) announced on Monday that the company has been approved for trading on the Frankfurt Stock Exchange (XETR) under the listing TH8. In addition, TransCanna announced that Arni Johannson has accepted a seat on its board of directors. Johannson’s background includes extensive experience with operating and investing in emerging publicly traded companies. “We're excited with the ability to increase our shareholder base by being able to trade TransCanna on the Frankfurt Exchange,” TransCanna CEO Jim Pakulis stated in the news release. “We're also very pleased that Arni has agreed to join the board and assist in TransCanna's…

ThursdayJan 10, 2019 11:23 am

QualityStocksNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) Closes IPO Generating $2.2M in Gross Proceeds

TransCanna Holdings (CSE: TCAN) announced the January 8, 2019 completion of its initial public offering (“IPO”) of 4,400,000 units, issued at a price of $0.50 per unit, which generated aggregate gross proceeds of $2,200,000 pursuant to a December 10, 2018 prospectus. Each unit is comprised of one TransCanna common share and one common share purchase warrant. Each warrant entitles the holder to acquire one additional share at an exercise price of $1 per share until January 8, 2020, under the condition that if the price of the shares on the Canadian Securities Exchange ("CSE") closes at or above $1.50 for…

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