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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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Comment by Tuco110on Nov 05, 2019 1:23am
84 Views
Post# 30308574

RE:They have cash but debt

RE:They have cash but debt
Executer99 wrote:

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

Now they owe $15mil(add $4mil US), also, don't they still need money to finish the facility?

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