...We Welcome You To The Resverlogix HUB withIn The AGORACOM COMMUNITY!

Free
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: The chart set up looks awesome imo....

I haven't looked at the chart for about a week or so....it looked bullish then to me, and it looks just as bullish now.  Stochastics moving up from oversold around the 30/34 area, MACD still just below the all important zero line.  We're over the 50 day moving average of $1.41 with today's close....to me it looks like 'All Systems Go'.

The only qualifier is volume....if the level of trading falls back again, especially if we go to just 100K or so (or less) changing hands, then the chart gets tossed in the garbage again as far as I'm concerned. 

 

Share
New Message
Please login to post a reply