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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: Velo files preliminary prospectus for financing

Warning! If you decide like I did to print the prospectus for easier reading be careful, it is 132 pages. Make sure you change your printer setting to fast or draft. Ink is very expensive. lol Have only been able to skim through to figure out which pages warrant attention, however I did notice at least one property that was previously held by Oilexco. It appears on the surface that they will attempt to get some cash flow up and running with the acquisition of producing wells before venturing into wildcatting. I definitely feel this stock is worth looking at from a management, people story. Good management usually leads to good decisions.

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