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Transcanna Holdings Inc C.TCAN

Alternate Symbol(s):  TCNAF

Healthcare Cannabis
TransCanna Holdings Inc. is a Canada-based company, which holds licenses for cannabis-focused brands for the California lifestyle, through its wholly owned California subsidiaries. The Company’s principal business activity is the creation of consumer brands, from inception to sales, which includes, but is not limited, to the manufacturing transportation and distribution services in the state of California including cannabis related products. The Company, through its wholly owned subsidiary Lyfted Farms Inc., is licensed to cultivate, distribute, and sell wholesale cannabis products in the state of California.


CSE:TCAN - Post by User

Transcanna Holdings Inc > They have cash but debt
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Post by Executer99on Oct 31, 2019 11:47am
177 Views
Post# 30292221

They have cash but debt

They have cash but debt

Financials were released

They owe just over 9 million - due June 2020

They have 6.5 million in cash 

so a PP is needed just to find their salaries and operations and to pay back their loan. 

MAJOR Dilutioin coming

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