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Transcanna Holdings Inc TCNAF


Primary Symbol: C.TCAN

TransCanna Holdings Inc. is a Canada-based company, which holds licences 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

Post by Betteryear2on Dec 21, 2021 2:45pm
283 Views
Post# 34251622

Harvests First Crop Management Site

Harvests First Crop Management Site

Vancouver, British Columbia--(Newsfile Corp. - December 21, 2021) - TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) ("the Company") is pleased to announce that it has harvested its first crop management site - a greenhouse in Wesley, California.

TransCanna's wholly-owned subsidiary Lyfted Farms began cultivation on the crop in September, and harvested Friday, December 17th, 2021. The harvest includes six strains and is expected to yield approximately 200 pounds of flower. In addition to providing the genetics, and cultivating and harvesting the crop, Lyfted Farms will also be curing, storing, packaging and distributing it on behalf of the client, Central Valley Farms.

"This first successful third-party crop perfectly showcases our capabilities of truly being a 'one-stop-shop' for the California cannabis industry," said Bob Blink, CEO of TransCanna. "We are truly managing the process from seed to sale."

Additionally, the Company, in partnership with 365 CannaFarms, consulted the client on the construction of the state-of-the-art, computer-controlled greenhouse prior to producing its inaugural crop.

"This first harvest from our true light-deprivation greenhouse has turned out beautifully, and the product quality reflects the tremendous abilities of our greenhouse partners, 365 CannaFarms, who are known throughout the region as one of the best greenhouse growers/operators in California," said Mr. Blink.

The client, Central Valley Growers, is a family-run company with over 25 years of history in traditional agriculture that had sought out Lyfted Farms specifically for its potent, premium genetic strains. The contract began this summer and involved advising on the construction of a 22,000 square foot, fully automated light deprivation glass greenhouse with computer controlled light curtains, cooling, heating and humidity systems.

This year, TransCanna has successfully launched cultivation, third party crop management, cold storage, and processing and distribution services out of its massive new 196,000 square foot Daly Facility in Modesto California. The Company expects to build out these capabilities throughout 2022.



TransCanna's harvests its first crop management site out of a new state-of-the-art greenhouse in Wesley, California.

To view an enhanced version of this graphic, please visit:
https://orders.newsfilecorp.com/files/6207/108230_1e71b28be4c4da36_002full.jpg

 

About TransCanna

TransCanna Holdings Inc. is a California-based, Canadian-listed company building cannabis-focused brands for the California lifestyle, through its wholly-owned California subsidiaries.

TransCanna's wholly owned subsidiary Lyfted Farms is California's authentic cannabis brand whose pioneering spirit has been continuously providing the finest cannabis flower genetics and cultivation methods since 1984. The Lyfted Farms brand of exclusive cannabis flower is sold at premium retailers throughout the state. With its new multipurpose facility in Modesto, California, the company is now poised to become one of the largest and most efficient vertically integrated cannabis companies in the California market. Visit the TransCanna website today at transcanna.com.



https://www.newsfilecorp.com/release/108230

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