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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: Finance

I thought of that after I posted.....that they'd be over 50%, so a licensing deal makes more sense.  The thing about BP getting involved....I see the whole structure as being so convoluted, I see it almost like a poison pill.  Okay....you can buy the whole shebang, but that doesn't include China and their territories, oh....and then there's the Royalities, that will have to be negotiated.  Oh yeah, almost forgot, HL has a ROFR on the US market.....

On a different note, why is it always: "The whole shebang"?  Has anyone ever gotten just half or a quarter of a shebang?  It seems to me shebangs are not divisible, you can't split them up into pieces. 

Shouldn't it just be "the shebang"?  

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