Developing the largest multi-purpose cannabis facility in California

Strategically Positioned At The Epicenter of California’s $9 BILLION Cannabis Supply Chain

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Message: Transcanna delays FY 2021 results filing until June 3

TRANSCANNA PROVIDES MCTO UPDATE

Transcanna Holdings Inc. has provided an update with respect to the previously announced management cease trade order issued by the B.C. Securities Commission on March 31, 2022. The MCTO was issued in connection with the delay by the company in filing its annual financial statements, management's discussion and analysis, and related officer certifications for the financial year ended Nov. 30, 2021, before the prescribed deadline of March 30, 2022. The company has been granted a further extension, and expects to file the required filings on or before June 3, 2022.

About Transcanna Holdings Inc.

Transcanna 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, Calif., the company is now poised to become one of the largest and most efficient vertically integrated cannabis companies in the California market.

 

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