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.
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