Friday, June 28, 2019

Cash for Cannabis Companies: A Green Rush of Acquisitions Drives This Canadian Marijuana Stock

May Filings With The Canadian Securities Exchange (CSE) Demonstrate TransCanna's Growth 

Trading on the CSE under the symbol TCAN, TransCanna Holdings Inc. 
had 31,765,526 outstanding shares as of May, according to filings with the Canadian Securities Exchange. 

Per TransCanna's May filings with the CSE, TCAN "advanced its plans to set up a manufacturing, transportation and distribution network for cannabis across the state of California. The Issuer [a.k.a TCAN] also pursued opportunities in the branding and marketing portion of its business in California."

About TransCanna



Persuasion Brewing Company: 

On May 8, 2019 TransCanna signed a non-binding LOI with Persuasion Brewing Company, an unrelated private brewing company located in Modesto, California. 

Both companies have agreed to create a division within TransCanna's recently purchased 196,000-square-foot vertically integrated facility (the "Facility") to establish a Persuasion Brewing division, which will produce a variety of different CBD infusion non- alcoholic beers. Terms of the LOI include TransCanna's exclusive rights to the private labeled beers created at the Facility.

Lyfted Farms: 

On May 17, 2019 the TCAN signed a non-binding Letter Of Intent (the “LOI”) with Lyfted Farms, Inc. (“Lyfted”), of Modesto, California an unrelated company, to acquire the business and assets of Lyfted. According to the CSE filing, Lyfted "is a state licensed producer of high quality indoor grown cannabis," that "owns three permanent state licenses for cultivation (nursery), cultivation (grow), and distribution. "

Soldaze:

On May 15, 2019 the TCAN signed a non-binding LOI with Tres Ojos Naturals LLC (''Soldaze''). an unrelated private edible cannabis company located in Monterey, California. SolDaze produces cannabis-infused fruit snacks in California. The Issuer will pay Soldaze $350,000 US and issue up to 660,000 shares for certain assets of SolDaze. The purchase price is payable in installments over a two-year period, provided that the Soldaze product line meets or exceeds certain revenue projections.


And while the California marijuana market currently suffers from licensing backlogs and production and distribution bottlenecks, TransCanna Holdings is also working to streamline the transportation and distribution process.


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Monday, May 13, 2019

TransCanna Cultivates Self-Contained Cannabis Ecosystem

TransCanna's unique self-contained ecosystem will lead the industry forward in California. 


In the below YouTube video tour of TransCanna’s new 196,000 sq. ft.² facility viewers will enjoy a brief preview at the future of the cannabis industry. While most of todays cultivation sites are restored greenhouses or converted industrial spaces, this complex was recently renovated to meet USDA food standards – and was purchased with cannabis processing and packaging equipment valued at over $2 million.



With their recent purchase, the company acquired much more than just a cultivation facility, according to Chad Swan. Swan is the VP & GM of Cold Storage Manufacturing and sold the facility to TransCanna (TCAN) early this year. Mr. Swan has specialized in building USDA food grade facilities throughout the United States for the past several years.



Swan notes the cultivation facility purchased by TransCanna -- which utilizes a sophisticated triple redundant air conditioning system rather that AC --  “is one of a kind.” He went on to say “there is not another one like it in the world.”

And Swan believes “It’s just a matter of time before the USDA (United States Department of Agriculture) and the feds realize that this is a food consumable item and needs to be treated in that fashion.” Mr. Swan, also a shareholder in TransCanna said “ they’re ahead of most of the other facilities that aren’t building to that standard.”

TransCanna Receives 3rd Party Business Valuation of US$50‐$75million Range for Facility Acquisition



( TCAN's CEO Jim Pakulis talks about the unique nature of their new facility.)

In other words, TransCanna will be able to facilitate their strain-diverse nursery, state-of-the-art cultivation rooms, extraction lab, on-site testing facility, packaging, bottling and transportation from one secure facility.

According to TransCanna’s CEO Jim Pakulis, the company purchased the property at a 79 percent discount to market value.

Looking forward, past federal legalization, Swan believes “most of the people that are building their facilities are not building it to food grade standards." And when this changes due to federal acceptance, "everything they've done they're gonna have to redo," according to Swan.


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Wednesday, May 8, 2019

TransCanna Cultivates Video Tour Of 196K Sq. Ft. NorCal Facility

TransCanna Delivers New Video Tour of 196,000 Sq. Ft. Vertically Integrated Marijuana Facility In Modesto, CA.

According to MarijuanaStocks.com, “The TransCanna property is significant and takes in excess of 90 minutes for the complete tour." Condensed into an eight minute YouTube video, the goal of this video Tour was intended to provide valuable insights into the overall size and scope of the Modesto based facility. The company believes this high tech facility will allow TCAN the capacity to grow to grow to scale as they create and acquire 15 premium brands in California. 

 "Our objective is to grow TransCanna as expeditiously as possible, and we believe this facility is a huge step forward in achieving that goal,” stated Jim Pakulis.



In other TCAN News, on May 6, 2019, the company announced it would raise $10 million through a brokered private placement headed up by Haywood Securities Inc. 

 Haywood will act as the lead agent on behalf of a syndicate of agents to be formed to sell, by way of a private placement on a best efforts basis, up to 2,000,000 units of the Company at a price of $5.00 per Unit. 
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Saturday, April 20, 2019

TransCanna Shows Strong Growth In April

“Trans Canna is twelve times cheaper than Aurora Cannabis and 16 times cheaper than Canopy Growth,” according to a German press realease.


And yet, between April 1, 2019, and 4.20.19, TransCanna’s stock value is up more than 37 percent for the month,  according to the Canadian Securities Exchange.


TransCanna Holdings, Inc., (TCAN) is headquartered in Vancouver, Canada, and services the medical and adult-use cannabis industry. It offers transportation, distribution, branding and marketing services for cannabis and cannabis-related products. 

The company was founded on October 26, 2017, and had an Initial Public Offering of $.50 per unit on Tuesday, January 8, 2019.  TCAN's stock value hit $6.28 per unit before the high hoilday of 4.20, and has appreciated 1156% since the IPO.

This week, the company announced they’ve successfully sub-leased a 10,000 Sq. Ft. distribution and transportation facility in Adelanto, California, with plans for several more in strategic locations around the state. TransCanna has already obtained the necessary transportation and distribution licensing from the city of Adelanto’s municipal government.

The company has cultivated an environment that will allow greater control over all aspects of the supply chain -- from upper end procurement and branding, transportation and distribution, as well as  marketing and sales.

TransCanna Shows Serious Growth


On April 16th,  it was announced TCAN had completed the acquisition of a 196K sq. ft.  vertically integrated cannabis facility, on 5.5 ac. in Cental California.


They have acquired Goodfellas.


They've rolled out 420 Global.


They have received a 3rd party business valuation b/t $50 - $75M ...

... and have successfully closed their $16 (CDN) private placement.  



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Tuesday, April 9, 2019

Scaled for Growth: This Canadian Cannabis Stock Cultivates A Self-Contained Ecosystem

"TransCanna Holdings Inc. is strictly focused on maintaining complete control of their ecosystem," according to The Cannabis Investor. 


"This means that through the acquisition of their 196,000 sq ft vertically integrated facility that recently received a US$8 million renovation, they anticipate being able to control their nursery, grow, extraction, manufacturing, remediation, transportation and distribution.  To accomplish this and reach their desired margins, the company over the next thirty-six months anticipates acquiring or developing up to fifteen premium brands for the California marketplace."

And provided the company is successful at establishing a unified and integrated operation, Transcanna will "control a large portion of the seed-to-sale supply chain" in California, according to CI.

The Seeds of Growth

TransCanna is currently scheduled to lease a distribution facility for its own branded products in Adelanto, California in Spring 2019. "This will be its hub in that part of the state, which is densely populated and is strategically located close to key sales markets including Los Angeles and San Diego," wrote CI.

Additionally, TransCanna ($TCAN) recently completed a $16M (CDN) private placement of 5M units on the Canadian Securities Exchange and the acquisition of the 196,000 square-foot tri-level grow facility in Modesto, CA . 

Centrally located in the most densely populated state in the nation, CI noted "this facility will arguably be the largest vertically integrated cannabis focused facility in California."


420 Labor Force

"The facility includes premium quality HVAC systems for healthy air to foster manufacturing, bottling, growing, nursery, transportation & distribution, and more. In terms of people, the facility also makes the best use of human resources, with one of the largest and most skilled agricultural labor pools in the state available locally."


Best Business Buds


"TransCanna is extremely picky about the companies it considers for acquisition–it only pursues acquisitions with cannabis brands that are superior to peers and can benefit substantially from TransCanna’s all-encompassing approach, which includes branding, distribution, marketing, and sales. The company has retained a top-tier M&A firm specializing in cannabis acquisitions, using a strict vetting process to make sure targets fit the company’s exacting internal metrics and key performance indicators. Recent acquisitions bring 5.57 acres into TransCanna, and the company plans to build up to 400,000 square feet of completely indoor (not greenhouse) grow facility to grow its own biomass. That biomass will supply TransCanna’s own brands as the company manufactures, bottles, and extracts at its own facility, transports with its own vehicles, and sells within its own sales team."


Intelligence Based Growth

"TransCanna doesn’t have to go outside–its organic growth capabilities are immense, with the capability to internally create brands, promote them through the sales team, and make sure that decisions are made based on market intelligence and firm demand. TransCanna makes data-driven decisions at every link in the value chain."

Read more about cannabis stocks and "Fighting Commoditization in The Cannabis Industry" at The Cannabis Investor. 
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Saturday, March 30, 2019

Canadian Cannabis Stock TCAN Up 11.16 Percent For Week of March 30, 2019


TransCanna Cannabis Stock Up 11.16 Percent For Week of March 30, 2019


A primary driver for this Canadian marijuana stock (CSE: $TCAN) during the week of March 30 was an announcement by the accounting firm Green Growth CPA. Green Growth concluded Transcanna Holdings had a “valuation range of $50 million to $75 million (U.S.), as of January 31, 2019.

Meanwhile, investors in the burgeoning marijuana stock sector received some great news last week when the House Financial Services Committee passed a cannabis-banking bill. The Safe Banking Act was passed by a vote of 45 to 15 and now faces a full House vote. With 152 co-sponsors already signed on in support of the legislation, there is hope the SAFE Banking Act will finally provide America’s financial institutions the right to work with the legal marijuana industry.

Other big stories this week for marijuana stocks involved adult-use legalization in Guam, the Mexican government asking its citizens if marijuana should be legal, and the head of the Food and Drug Administration (FDA) clarifying the agencies enforcement priorities for CBD products.   

But while America’s interest in legalizing recreational marijuana hit a new high last week, the potential use of the plant’s CBD cannabinoid (Cannabidiol) for medicinal applications (now available at Walgreens and CVS) had many investors intrigued.

As for Transcanna's stock value, in addition to receiving a multi-million dollar valuation from GreenGrowth CPA last week, the Winslow Record reported that Transcanna currently has a debt to equity ratio of zero.

According to Winslow,  "this ratio provides insight as to how high the firm’s total debt is compared to its free cash flow generated. In terms of Net Debt to EBIT, that ratio stands at 0.03705. This ratio reveals how easily a company is able to pay interest and capital on its net outstanding debt. The lower the ratio the better as that indicates that the company is able to meet its interest and capital payments. Lastly we’ll take note of the Net Debt to Market Value ratio. TransCanna Holdings Inc.’s ND to MV current stands at -0.001091. This ratio is calculated as follows: Net debt (Total debt minus Cash ) / Market value of the company."


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Saturday, March 23, 2019

TransCanna Gains Value As Market Slips

TransCanna is up 28 percent for the month of March.

After hitting a daily high of $3.51 per unit on Friday, TCAN closed out the week of March 22, 2019, at $3.40 per unit. Traded on the Canadian Securities Exchange (CSE), the company was originally listed on Tuesday, January 8, 2019, at $.50 per unit. 



Through its wholly owned California subsidiaries, the Canadian-based cannabis company provides help with marijuana branding, transportation, and distribution services.

While TCAN’s value is up a respectable 28 percent since March 1, 2019, the company’s stock price has increased a respectable 580 percent since the Initial Public Offering. 

TransCanna Holdings Inc. Stock History

Friday’s Marijuana Stock Trade

The total trade Volume for Friday was 31,335 units, with TD Securities, Hayward Securities, Canaccord Capital Corporation and Pershing Securities Canada Limited making some of the biggest trades of the day.


     Trade Date/Time  Price            Volume         Buyer                          
  • Mar 22, 13:58  3.40                 200      JitneyTrade Inc.            
  • Mar 22, 13:57  3.40                 500      BMO Nesbitt Burns Inc.  
  • Mar 22, 13:52  3.37     -0.03    100      Anonymous                     
  • Mar 22, 13:05  3.35     -0.05    300      Anonymous                     
  • Mar 22, 13:05  3.35     -0.05    900      RBC Capital Markets     
  • Mar 22, 13:05  3.37     -0.03    500      CIBC World Markets Inc.
  • Mar 22, 13:04  3.40                 600      TD Securities Inc.            
  • Mar 22, 13:04  3.39     -0.01    100      TD Securities Inc.           
  • Mar 22, 12:57  3.39     -0.01    100      Anonymous                    
  • Mar 22, 12:56  3.39     -0.01    500      Anonymous                    
  • Mar 22, 12:44  3.39     -0.01    200      Anonymous                   
  • Mar 22, 12:41  3.39     -0.01    300      Anonymous                  
  • Mar 22, 12:32  3.39     -0.01    2,300   TD Securities Inc.           
  • Mar 22, 12:10  3.36     -0.04    1,500   Anonymous                   
  • Mar 22, 11:57  3.39     -0.01    500      Canaccord Corp.            
  • Mar 22, 11:31  3.39     -0.01    300      Scotia Capital Inc.         
  • Mar 22, 11:20  3.36     -0.04    500      Anonymous                   
  • Mar 22, 11:20  3.36     -0.04    1,000   Virtu ITG Canada Corp. 
  • Mar 22, 11:20  3.37     -0.03    4,300   Pershing Securities        
  • Mar 22, 10:58  3.39     -0.01    100      Scotia Capital Inc.        
  • Mar 22, 10:38  3.39     -0.01    1,500   CIBC World Markets Inc.
  • Mar 22, 10:12  3.40                 2,200   Haywood Securities Inc. 
  • Mar 22, 10:12  3.40                 300      Haywood Securities Inc.
  • Mar 22, 10:07  3.40                 200      Scotia Capital Inc.        
  • Mar 22, 7:57    3.36     -0.04    500      Instinet Canada Limited  

Transcanna has room to grow


In part, this week's appreciation can be attributed to Transcanna’s March 20 press release.

“The Company has signed definitive closing documents to acquire the land, building and asset package (the “Property”) which includes an existing 196,000 square foot facility on 5.5 acres of land as well as cannabis packaging and processing equipment. The California cultivation facility has undergone major renovations over the past two years and has created specific divisions for nursery, cultivation, manufacturing, extracting, bottling, remediation, and transportation & distribution.”

According to the company's CEO Jim Pakulis, "Acquiring arguably the largest vertically integrated cannabis centric three‐story multi‐purpose facility in California reinforces  our  strategy to  be  fully self‐contained  in our ecosystem.  We also have an  additional 5 acres in the green zone adjacent to the facility to build up to 600,000 sq. ft. grow facility to supply our own biomass for the brands we acquire or create.

Marijuana is currently legal in South Africa, Spain, Peru, Uruguay and Canada. And according to a 2018 Pew Research Ctr. Poll, 62% of Americans support marijuana legalization. As such, spending on legal marijuana products globally is anticipated to hit $57 billion in just 10 short years, according to Arcview Market Research and BDS Analytics. 


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Saturday, March 16, 2019

TCAN Marijuana Stock Up 4.1 Percent For Week

Marijuana stock news for the week was a mixed bag of tricks. Friday's close was a little bit of disappointment compared to Tuesday's high, but TransCanna Inc. was up 4.1 percent for the week. 

Transcanna Holdings Inc. C.TCAN on Stockhouse

Transcanna Holdings Inc. C.TCAN


One of the primary drivers for this Canadian marijuana stock (CSE: TCAN) during the week of March 11, 2019 was an announcement from the company that their $10M Private Placement offer had been substantially exceeded.

TransCanna Holdings Inc. announced on Friday "that as a result of significant demand, the Company’s brokered private placement of 5,000,000 Units at $2.00 (CDN) per Unit is now oversubscribed." Subsequently, TransCanna has increased its Offering by 60 percent – to a maximum of 8,000,000 Units. The total gross proceeds from the company's offering is now anticipated to reach $16,000,000 Canadian dollars.

According to the Cannabis Investor, "The Company intends to use the net proceeds of the Offering to partially fund the acquisition of a 196,000 square foot vertically integrated cannabis facility in Modesto California, as announced on February 4, 2019." 

Per the CI post, "The Company anticipates using debt financing in combination with the capital from this private placement to secure the facility, with any residual funds being used for equipment acquisition and general working capital."

About Transcanna


Currently listed on both the Canadian Securities Exchange (TCAN) and the Frankfurt Stock Exchange (TH8), TransCanna received a temporary distribution license in the state of California in mid-January, signed a Letter of Intent to acquire Goodfellas LLC in late January, and announced their intention to acquire a 196,000 ft.² facility on Feb. 4. Additionally, the company has introduced their proprietary software known as 420 Global. 


420 Global will allow the Company to efficiently operate and fulfill every business aspect within their current and future facilities throughout the California cannabis market.  “By streamlining this incredible amount of data and allowing management teams to pull pertinent reports in a timely manner is a tremendous benefit. 420 Global will be the backbone of our enterprise, the completion was on budget and ahead of schedule.”  Stated Jim Pakulis CEO.

And according to Yahoo! Finance, cannabis stocks will continue to be a smoldering investment opportunity in 2019.

High on Yahoo's list were cannabis stocks like Cronos Group Inc., Canopy Growth Corp, Tilray Inc., Aurora Cannabis Inc., CannTrust Holdings, Aphria Inc., and GW Pharmaceuticals.

Cannabis stock list North America


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