CONNECT WITH US:
Apr, 23 2019 17:00 JST
TransCanna Holdings Inc.
TransCanna Will Acquire Daily Cannabis Goods Brand with GoodFellas Acquisition
Vancouver, BC, Apr, 23 2019 - (ACN Newswire) - TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) ("TransCanna" or the "Company") announces that the acquisition of GoodFellas will result in acquiring an additional existing brand called Daily Cannabis Goods ("Daily"). The Daily brand consists of three quality half gram pre-rolls which are attractively packaged and priced.
"The Daily brand is a perfect fit for TransCanna," Stated Jim Pakulis, CEO of TransCanna. "The start-up costs were nominal, it has SKU velocity now that it's selling in over thirty dispensaries, and it's constantly beating the competition due to consumer demand."
"The Daily brand has seen a steady consistent increase in sales since it commenced in August 2018. The first month shipments of units exceeded 2,100 and by December the number of units shipped for the month exceed 10,000. We anticipate closing the acquisition of GoodFellas by May 20th, and then we'll budget accordingly in order to work on increasing units sold."
Subsequent to the acquisition, TransCanna anticipates expanding the Daily line to include three additional SKU's.
For further information, please visit the Company's website at www.transcanna.com.
About TransCanna Holdings Inc.
TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace.
For further information, please visit the Company's website at www.transcanna.com or email the Company at
On behalf of the Board of Directors
Chief Executive Officer
Telephone: (604) 609-6199
The information in this news release includes certain information and statements about management's view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise. Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Source: TransCanna Holdings Inc.
Sectors: Agritech, Food/Beverage, HealthCare, Alternatives
Copyright ©2019 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.
Mitsubishi Motors Eclipse Cross Wins a String of Prestigious Awards in Russia
May 24, 2019 17:35 JST
Toyota Yaris WRC Tackles a Tough Gravel Double
May 24, 2019 17:02 JST
DENSO to Mass-produce Automotive Alternators Equipped with Newly Developed High-efficiency Diodes
May 23, 2019 18:19 JST
Tohoku University and DOCOMO Launch Research Project to Develop Artificial-intelligence Technology for Periodontal Disease Detection
May 23, 2019 16:29 JST
MHPS Receives Contract for Complete Renovation of Flue Gas Desulfurization System at the Dětmarovice Power Station in the Czech Republic
May 23, 2019 15:15 JST
The University of Tokyo, Toyota, and TRENDE to Begin Testing of Next-generation Electricity System
May 23, 2019 14:03 JST
KDDI and SUMITOMO to enter Myanmar's Mobile Game Industry
May 22, 2019 15:00 JST
Showa Denko Group Revises CSR Policy
May 22, 2019 12:00 JST
DENSO and Aisan Studying the Possibility of Strengthening Competitiveness in Powertrain and Future Growth Areas
May 20, 2019 18:40 JST
Honda Begins Joint Research with Center for Information and Neural Networks (CiNet) to Strengthen its Study of Humans in the Areas of Mobility and Robotics
May 20, 2019 18:30 JST
Lexus LC Takes 24th Position Overall at QF Race for Nurburgring 24 Hours Endurance Race
May 20, 2019 17:07 JST
"Science Based Targets (SBT) Initiative" Approves Eisai's Greenhouse Gas Reduction Targets
May 17, 2019 16:34 JST
Toyota Rolls Out New Supra
May 17, 2019 15:49 JST
DOCOMO Develops Safe, Blade-free Drone Propelled with Ultrasonic Vibrations
May 17, 2019 12:08 JST
Hitachi Automotive Systems' EV Inverter Adopted for the e-tron, Audi's First Mass Production Electric Vehicle
May 17, 2019 11:40 JST
NEC Awarded Intelligent Transportation System Project in Oman
May 17, 2019 11:15 JST
Eisai to Present Data on Oncology Pipeline and Products at 55th Asco Annual Meeting
May 16, 2019 08:37 JST
Toyota: The Master Craftsmanship of the Century, Japan's Only Chauffeur-Driven Car
May 15, 2019 16:19 JST
NEC and CSC e-Governance Services Form a Strategic Alliance to Deliver Innovative Digital Services for Rural Areas in India
May 15, 2019 13:12 JST
Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier "BUSHU MARU"
May 15, 2019 12:14 JST
More Latest Release >>
TransCanna Announces $10.0M Brokered Private Placement
May 06 2019 21:00 JST
TransCanna Creates Hemp Division; Executes LOI with Hemp Based Biovelle
May 03 2019 15:30 JST
TransCanna Applies for Manufacturing, Distribution & Transportation Licenses for Adelanto Facility
April 30 2019 16:00 JST
TransCanna Completes Sub-Lease of 10,000 Square Foot Facility in Adelanto, CA
April 18 2019 15:30 JST
TransCanna Completes Acquisition of 196,000 Square Foot Vertically Integrated Cannabis Facility
April 17 2019 03:00 JST
TransCanna Announces Closing Date for CDN$16 Million Brokered Private Placement of Units
April 02 2019 04:15 JST
TransCanna Receives Third Party Business Valuation of US$50 million - $75 million Range for Facility Acquisition
March 25 2019 15:15 JST
TransCanna Announces Corporate Update Conference Call
February 16 2019 06:00 JST
TransCanna Holdings: Acquisition of GoodFellas will Include Proprietary Brand called Simple, includes the Simple Kit
February 08 2019 16:15 JST
More Press release >>