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AGORACOM NEWS FLASH

New Client Alert!!!

AGORACOM Welcomes TransCanna (TCAN:CSE) Developing The Largest Multi-Purpose Cannabis Facility in California

  • $2M CAD Revenue April 2020
  • $24.6M CAD Revenue Run Rate solely from TransCanna test facility
  • $90M Annual Revenue expected from first full year upon completion of 196,000 Sq Ft Daly facility Q3 2021
  • Daly facility will be one of the largest cannabis facilities in California
  • Recently acquired two California companies,
    • High-end award winning edible producer Soldaze
    • Premium indoor cultivator and distributer Lyfted Farms
  • Lyfted Farms products sold in select Cookies Locations - The most recognizable name in high-end Cannabis.
  • 2019 California Cannabis sales over $3B, industry currently fragmented
  • Direct to dispensary model, cutting out the middleman

Transcanna dark

Hub On AGORACOM / Read Release

 

Message: PYR uplist question

Thank you Peter - I once looked at taking a small public company in Canada to the NASDAQ and am, perhaps, scarred by the experience.  I get the reverse split and concurrent financing options - it was the earnings, cash flow, revenue hurdles (as I recall, they look back 3 years) that seemed more daunting or at least may slow the process.  Though there are things that you cannot discuss that may facilitate the process (i.e. M&A).  Again, thanks for the response.

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