NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Eyes Potential for Sprawling Northern California Facility
Mar 1, 2019
Emerging cannabis branding, transportation and distribution company TransCanna Holdings (CSE: TCAN) (FSE: TH8) recently accepted a Northern California real-estate option agreement with what looks to be significant potential. A recent article discussing intended use for the facility includes a statement from TransCanna CEO Jim Pakulis, indicating, “With the recent $8 million of tenant improvements performed, this is one of the largest cannabis-focused, vertically integrated facilities in California. The intended use of the facility will be to transfer branded companies that we acquire, or that we create, and bring them inhouse. This means we have complete control over our nursery, grow, manufacturing, extraction and distribution. We believe the consistency in our ecosystem that we can offer, and the scale that we can create, will result in TransCanna owning a portfolio of premium brands that will materially benefit the retailer and their customers.”
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About TransCanna Holdings Inc.
TransCanna Holdings is a Canadian-based company providing branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace. For more information, visit the company’s website at www.TransCanna.com.
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