TransCanna Holdings Inc. Featured in CannabisNewsAudio Broadcast Discussing Strict Acquisition Strategy in Cannabis Industry
May 30 2019 - 8:40AM
via CannabisNewsAudio —
TransCanna Holdings Inc. (CSE:TCAN)
(XETR:TH8) announces the availability of a
CannabisNewsAudio Broadcast titled, “Hunt for Perfect Acquisitions
Reshapes Cannabis Industry.”
To hear the CannabisNewsAudio version, visit:
http://cnw.fm/6OdMP.
To read the full editorial, visit:
http://cnw.fm/eLJi2.
Over the past 18 months, TransCanna has
evaluated more than 100 California companies with an eye to
acquisition. Strict vetting has whittled these options down to a
handful of qualified deals, which TransCanna’s leadership team is
pursuing. The company’s evaluation process is deliberate and
selective, with an eye to ensuring that every addition plays an
essential part in TransCanna’s long-term strategy.
It appears the company’s extreme due diligence on each potential
transaction is paying off. In the past 30 days, TransCanna has
announced two significant acquisition targets with signed LOIs:
Lyfted Farms and SolDaze. It is reasonable to assume more
acquisitions are in the works that, conditional upon closing, could
certainly bring top-line revenue into the company before
year-end.
About TransCanna Holdings
Inc.
TransCanna Holdings Inc. is a Canadian-based company focused on
providing integrated branding, transportation and distribution
services, through its wholly owned California subsidiaries, to a
range of industries including the cannabis marketplace. For more
information, visit the company’s website
at www.TransCanna.com.About CannabisNewsWire
(CNW)CannabisNewsWire (“CNW”) is a specialized information
service that (1) aggregates cannabis news, (2) provides
CannabisNewsBreaks that quickly updates investors in the space, (3)
enhances corporate press releases, (4) helps companies with
distribution and optimization of social media, and (5) delivers
comprehensive corporate communication solutions. CNW is uniquely
positioned in the cannabis market with a strong team of journalists
and writers who can help private and public companies reach a wide
audience of investors, consumers, journalists and the general
public through our ever-growing dissemination network of more than
5,000 key syndication outlets. CNW is bringing unparalleled
visibility, recognition and content to the cannabis industry.For
more information please visit
https://www.CannabisNewsWire.com.Please see full terms of use and
disclaimers on the CannabisNewsWire website applicable to all
content provided by CNW, wherever published or re-published:
http://CNW.fm/Disclaimer. Forward-Looking
StatementsThis release contains forward-looking statements
within the meaning of Section 27A of the Securities Act of 1933, as
amended and Section 21E of the Securities Exchange Act of 1934, as
amended. All forward-looking statements are inherently uncertain as
they are based on current expectations and assumptions concerning
future events or future performance of the company. Readers are
cautioned not to place undue reliance on these forward-looking
statements, which are only predictions and speak only as of the
date hereof. In evaluating such statements, prospective investors
should review carefully various risks and uncertainties identified
in this release and matters set in the company's SEC filings. These
risks and uncertainties could cause the company's actual results to
differ materially from those indicated in the forward-looking
statements.Corporate
Communications:
CannabisNewsWire (CNW) Denver, Colorado
www.CannabisNewsWire.com303.498.7722 Office
Editor@CannabisNewsWire.com
Transcanna (CSE:TCAN)
Historical Stock Chart
From Nov 2024 to Dec 2024
Transcanna (CSE:TCAN)
Historical Stock Chart
From Dec 2023 to Dec 2024