Marijuana Ads and Super Bowl LIII: The NFL and CBS Punt ... For Now

While the NFL and CBS killed this years marijuana ads for Super Bowl LIII, that could all soon change thanks to Federal acceptance.

As of Thursday, January 31, 2019, there 501 cannabis-related bills moving through state legislatures and Congress for the 2019 sessions. And while adult use recreational bills receive the most attention, a number of other interesting cannabis proposals that state lawmakers are currently considering, including legislation to require insurance coverage for the CBD cannabinoid, protect medical marijuana patients' gun access, authorize veterinarians to recommend marijuana for animals and allow interstate sales are pushing the legal marijuana Industry forward as we head towards 2020.

And with some form of marijuana now legal in 33 states, plus the passage of the 2018 Farm Bill, the fast growing marijuana industry has cultivated mainstream acceptance over the past 20 years. 

Cannabis Ads Are Comming To The NFL ... Eventually

The National Football League (NFL)  and the Super Bowl, are both symbols of mainstream supremacy. Companies have marked their arrival in by advertising during the big game; Amazon, E-trade, Apple were the among those that made their mark with debut commercials during the big game.

That said, it shouldn’t be long before Cannabis companies are in the advertisement spotlight during the biggest weekend in American sports. 

Case in point, AB InBev, whose portfolio includes Budweiser, which is one of the NFL’s largest sponsors and Super Bowl advertiser, partnered with a Canadian marijuana company dedicated to researching drinks infused with THC and CBD.   

Positioned to win

 

Transcanna Holdings Inc., traded on both the Canadian and German stock exchange under the treating symbols CSE:TCAN, XETR:TH8 are pleased to announce that it has signed a non-binding Letter of Intent to acquire Goodfellas Group, LLC, (“Goodfellas”) a full service advertising and marketing agency for the cannabis and hemp industries, from which the Company is already acquiring 23 branding agreements. The acquisition price will be derived from two times the previous 12 months revenues, at the time of execution of definitive agreements, as set forth in the audited financial statements of Goodfellas. 60% of acquisition price will be paid at closing, of which ½ will be payable in cash and ½ will be payable through the issuance of the Company’s common shares, and the remaining 40% of the acquisition price will be paid 12 months following the closing. The Company also anticipates retaining key members of the Goodfellas staff.

On Wednesday, January 30, 2019 $TCAN closed on the Canadian stock Exchange at $2.10 per unit share.

TransCanna Cultivates Plans To Acquire Goodfellas Group

 TransCanna rolls out plans to acquire Goodfellas Group

"Formed in 2017, Goodfellas includes a team of design, marketing and retail experts who are driven to assist their clients to find success in the marketplace. The company currently works with twenty-five clients at various stages of their business development."

According to The Cannabis Investor, "TransCanna Holdings Inc. (CSE: TCAN) (XETR: TH8) (“TransCanna” or the “Company”) is pleased to announce that it has signed a non-binding Letter of Intent to acquire Goodfellas Group, LLC, (“Goodfellas”) a full-service advertising and marketing agency for the cannabis and hemp industries, from which the Company is already acquiring 23 branding agreements. The acquisition price will be derived from two times the previous 12 months revenues, at the time of execution of definitive agreements, as set forth in the audited financial statements of Goodfellas. 60% of acquisition price will be paid at closing, of which ½ will be payable in cash and ½ will be payable through the issuance of the Company’s common shares, and the remaining 40% of the acquisition price will be paid 12 months following the closing. The Company also anticipates retaining key members of the Goodfellas staff."

Jim Pakulis, the CEO of TransCanna noted, “It’s critically important that in order for our future brands to be successful in the cannabis and hemp space, we have to have relationships with the dispensaries and retailers, who in turn have the relationships with the end users. Through GoodFellas, we’ll have immediate access to many of the most successful dispensaries in California, and retailers throughout the US. In addition, we’ll be examining GoodFellas clientele to determine if there are potential acquisition candidates that fit our extremely critical vetting process.”

The stock IPO'd at $0.50 per unit on January 8, 2019 and closed January 29, 2019 at $1.89 per unit.

TH8: TransCanna Marijuana Stock Hits The Frankfurt Exchange

TransCanna’s Frankfurt listing is TH8

Transcanna Holdings Inc. (CSE:TCAN, XETR: TH8) (“TransCanna” or the “Company”) is pleased to announce that the Frankfurt Stock Exchange (XETR) has approved the Company for trading on their exchange, according to the Cannabis Investor.

Jim Pakulis, CEO of TransCanna explained: “We’re excited with the ability to increase our shareholder base by being able to trade TransCanna on the Frankfurt Exchange. We’re also very pleased that Arni has agreed to join the board and assist in TransCanna’s growth.  His working knowledge of small, emerging publicly traded companies is arguably second to none.” 

TransCanna Retains Purple Crown Communications For Investor Relations Services 

Purple Crown has been engaged for a term of twelve months, renewable on a monthly basis thereafter on mutual agreement. Purple Crown will be paid a monthly fee of seven thousand dollars. Except for the investor relations services agreement, Purple Crown does not have any interest, directly or indirectly, in the Company or its securities. Purple Crown's appointment as an investor relations consultant to TransCanna is subject to regulatory approval of applicable filings with the Canadian Securities Exchange.

"Our goal was to align ourselves with a firm that puts shareholder communication first and can build a strong shareholder base as management focuses on building the business. We're extremely pleased to have retained Purple Crown, and we look forward to working with them and growing TransCanna together," states Jim Pakulis, CEO of TransCanna. 

TransCanna Provides Investors with Exposure to Ancillary Cannabis Businesses 

The global cannabis industry is projected to reach more than $150 billion by 2025, according to Grand View Research, driven by legalization across a growing number of countries. While most investors are focused on cannabis cultivators and retailers, these companies still face legal and logistical challenges in many jurisdictions. Ancillary service providers may be better positioned to build long-term shareholder value with comparatively less risk.

Transcanna Holdings Inc.(CSE: TCAN, Frankfurt: TH8) specializes in branding, transportation, distribution, and fulfillment services for the legal cannabis industry. Since 2017, the company has signed more than 20 exclusive branding agreements with cannabis industry leaders and has plans to lease or acquire up to five strategically located cannabis distribution facilities. Investors may want to take a closer look at the newly public company as an ancillary service provider to the industry.  

TransCanna Holdings Inc. Ends Trading Week On High Note  

Sunday, January 27, 2019: TransCanna Holdings Inc. Ends Trading Week On High Note 

TransCanna, A.K.A. $TCAN on the CSE, has signed 20+ exclusive branding agreements since 2017 with industry leaders and has plans to lease or acquire strategically located cannabis distribution facilities in California. They IPO'd at $0.50 per unit on Jan 8, 2019 and hit $1.92 per unit on Friday Jan 25. 

But not all marijuana stocks will cultivate a substantial ROI in 2019.  

While some traders in the cannabis sector witnessed sweet returns on their investment for 2018, others watched as their stock values plunged during the second half of the year. 

As North America’s legal marijuana sector anticipated Canada’s entrance into the market, the cannabis industry and some related marijuana stocks enjoyed an incredibly profitable year. And when October’s startling sell off sent the market skidding into 2019, some of the weaker cannabis stocks witnessed much of their value go up in smoke.  

The North American Marijuana Index, which tracks 46 leading cannabis stocks in the U.S. and Canada, fell to $192.78 Monday, December 24, 2018, and has since rallied back – closing Friday at $271.70. 

According to Arcview Market Research and BDS Analytics, worldwide spending on legal marijuana is anticipated to grow 230 percent to $32 billion in 2022 as compared to $9.5 in 2017. 

The data compiled by Arcview /BDS research indicates a majority of that consumer interest, nearly $23.4 billion, will come from the United States. 

About Transcanna Holdings Inc.

TransCanna Holdings Inc. 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.