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TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (OTC PINK: TCNAF) (“TransCanna” or the “Company”) announces that it has signed a definitive acquisition agreement dated July 6, 2019 (the “Agreement”) to acquire The Goodfellas Group, LLC (“GoodFellas”).

GoodFellas specializes in branding, sales and marketing in the cannabis and hemp industries. In addition to the sales management team and sales force, the acquisition includes two of GoodFellas existing inhouse brands called Simple Farms and Daily Cannabis Goods. Goodfellas also represents third party cannabis brands, including Biovelle, a CBC infused coconut oil, which the Company proposes to acquire as announced in its press release dated May 3, 2019.

Simple Farms is a brand that is set out to enhance the cannabis experience with simplicity and quality. The brands signature product is the Simple Kit. A user-friendly cannabis kit engineered for the beginner cannabis user in mind.

Daily Cannabis Goods is focused on delivering consumers quality cannabis at a discount compared to competitors pricing. The Daily Classic is the brands leading SKU with three half gram pre-rolls available in their respective Sativa, Hybrid, and Indica blends.

TransCanna intends to devote all of the GoodFellas staff to representing the Company’s own brands as it brings their own brands online.

Pursuant to the Agreement, the Company will pay the holders of the Goodfellas membership interests, an aggregate of US$520,000, of which the Company has previously advanced US$358,000 in short term loans, leaving a balance of US$162,000 due at closing. The purchase price represents two times Goodfella’s revenues for the fiscal year ended December 31, 2018, as demonstrated in its audited financial statements. The Company will formally close the acquisition under the Agreement on Tuesday July 9, 2019.

The Company anticipates that upon receipt of its state transportation and distribution licenses at either the Modesto or Adelanto facilities, it will then be in the position to begin manufacturing the Daily and Simply products, as well as distributing them through the Company’s distribution platform. In the meantime, GoodFellas will continue with their third-party manufacturing and distribution relationships.

“As represented in our investor conference call last week we’ve accomplished the first goals we had previously set out to complete. Identify a scalable facility which we did through the acquisition of the 196,000 sq ft facility that recently received US eight million dollars in renovation, and retain top tier talent to manage our operations, both of which have been accomplished. The next step is to begin and close the acquisitions we’ve lined up. This starts the acquisition process,” stated Jim Pakulis, CEO of TransCanna.

“Joining forces with TransCanna will allow us to immediately leverage our products through our own internal sales force once all the licenses are in place,” states Nam Tran, Managing Member of The GoodFellas Group. “The main challenge that GoodFellas has been facing is the limitations from third party manufacturing and distribution companies to be able to provide quality services on a consistent basis. This has significantly limited our ability to expand into the majority of the dispensaries in California. However, being part of the TransCanna team will allow us to expand throughout the state.”

In other news the Company is pleased to announce that Mr. Applione has agreed to expand his role within the Company and will be responsible for all management activities throughout California. The original agreement with Mr. Applione had him responsible for all management activities within Stanislaus County only.

Additionally, the Company has amended its agreement with Umbrella Capital Group Ltd. to conduct market-making activities for the Company to extend the term of the agreement and increase their compensation. Umbrella Capital Group Ltd. is an independent financial services organization based in Toronto. Under the amended agreement, the Company increased the monthly compensation due to Umbrella under the initial three month term to seventy thousand per month and extended the term for a further additional nine months, to a full one year term, for which Umbrella will receive a monthly fee of eighty-eight thousand eight hundred dollars, all of which has been pre-paid.

TransCanna Holdings Inc. (CSE:TCAN) (TH8.F) announces the availability of an audio press release titled, “Acquisitions Reveal the Steadily Changing Shape of the Cannabis Sector.”

The growth of the legal cannabis industry started with a scattershot approach. TransCanna is just one of many companies that have grown into the market from relatively small beginnings. Some began with entrepreneurs seeing a new industry within which to operate. Others were experienced cannabis cultivators moving from the illegal to the legal market. Still others were pharmaceutical companies dipping their toes into a new medicine and, from there, into the recreational industry.

The contrasting approaches of small innovative companies and larger efficient ones together create excellent value. That’s the point the cannabis industry is now approaching and that TranCanna’s acquisitions are a part of.

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 Statements

This 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.com
303.498.7722 Office
Editor@CannabisNewsWire.com

The marijuana stock market can be quite stressful to participate in if one does not fully know the ins and outs of the market. Because of this, there are several key things to note before investing. With the way that the new marijuana market is laid out, it seems as though only a few companies are receiving the spotlight when there are a lot to consider. The cannabis industry spans across several submarkets such as those that produce services for the industry, or ones that make alternative products to be sold on the open market. Whatever the company, it is most important to always do the proper research.

TransCanna Holdings Inc. (TCAN)(TCAN.CN) is a company based out of Canada that has been working as part of the service side of the market. The company operates by doing everything from integrated branding and transportation to distribution services. Because of their wide scope, they are able to have hands in a large portion of the most profitable side of the market. With this, they also have a large amount of potential for future growth given the size of the Canadian marijuana space.

Recently, the company announced that they have applied for permanent manufacturing, distribution and transportation licenses in the city of Adelanto, CA. Their choice to work out of the Californian space is by no means a coincidence as California represents the largest marijuana market in the world.

Jim Pakulis, CEO of TransCanna stated that “Our immediate focus is to be able to have our city and state licenses in place in Adelanto as soon as possible. Subsequent to the GoodFellas acquisition we will be able to prepare and package the Daily Cannabis Brand pre-rolls at the facility and then deliver the products to the dispensaries without the need to bring in a third party.” The company has also been working to become a partner in several other marijuana focused brands, which they have done through strategic partnerships. TransCanna has stated that they will continue to provide updates on their newest 196,000 square foot facility as they move throughout its future. All in all, TransCanna Holdings continues to present investors with a new and enlightened sense of opportunity in the market.

Cronos Group (NASDAQ:CRON) is considered to be one of the largest companies in the whole of the marijuana market. The company operates as a producer and as a conglomerate for marijuana and marijuana-related products. Recently, they received a sizable $1.8 billion investment from the tobacco producer Altria (NYSE:MO). This infusion of capital is quite large and has allowed them to move deeper into their goals for the future.

Investors have stated that they may not be the biggest fan of the look that Cronos Group has received by being invested in by a big tobacco company, but it does look as though they are taking a hands-off approach. Cronos Group continues to set the example for how high marijuana stocks can fly in the modern day.

TCAN

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)

The marijuana stock market has been heavily dominated by companies that show their potential in the form of innovation and new products. These companies have been fighting day and night to ensure that they are giving the consumers exactly what they want. Although much of the attention is paid to the top of the industry, it seems as though there is a large amount of potential for the companies that offer ancillary services or alternative products to the space. These companies have shown their fight, and look as though they could be rewarded in the near future.

TransCanna Holdings Inc. (TCAN)(TCAN.CN) is a Canadian company that has been working on providing a large number of services to the industry. This includes everything from distortion to transportation and branding. Because they cover so many of the bases, TransCanna Holdings has been considered to be one of the cornerstones of the service side of the industry. The majority of their operations are in fact based out of the Californian market, which is the largest in the world for marijuana. Because of this strategic positioning, TransCanna Holdings is continuing to make big waves in the industry.

Recently, the company stated that they have entered into the Letter of Intent with Persuasion Brewing Co. to begin the production of CBD-infused nonalcoholic beer. The CBD beverage market has become extremely popular in recent months as many of the top companies in the industry have been working to make it a reality. The matchup of these two companies also seems to be one made in heaven as TransCanna Holdings has a new almost 200,000 square foot facility ready for production and distribution.

With the fully vertically integrated space that they have available, it seems as though the dream of large quantity CBD infused non-alcoholic beer is slowly becoming very real. Jim Pakulis, CEO of TransCanna stated that “Our 196,000-square-foot vertically integrated, cannabis-focused facility is perfectly designed to have a comprehensive bottling and canning line for multiple types of beverages. However, we firmly believe that our first beverage product subject to receipt of the appropriate licenses should be a private labeled non-alcoholic CBD-infused beer.” All in all, investors should keep TransCanna Holdings in their minds as the market continues to grow.

HEXO Corp. (HEXO) is another large Canadian company working out of the marijuana industry. The company has not made too many headlines at this point as they have remained under the radar. HEXO has shown that their equity has shot up by as much as 113% year-to-date which is quite substantial.

Additionally, their partnership with Molson Coors Brewing (NYSE:TAP) has given them the potential to begin the production of CBD-infused nonalcoholic beverages as well. With this, many have stated that they see a large amount of potential in the future of HEXO Corp. as they continue to make big waves in the new groundbreaking marijuana industry.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)

Stability is a term not often spoken about in the world of marijuana stocks. This is due to the fact that the majority of investing that has taken place, has been quite speculative. Despite this, it looks as though we are moving toward a more stable market as it continues to mature. As we move throughout the near future, the hopes are that companies can continue to find their stride in the market and begin to flourish in greater numbers. With so many businesses working tirelessly to bring new products and innovation into the space, it seems like this is becoming more than likely.

TransCanna Holdings Inc. (TCAN)(TCAN.CN) is a Canadian based company that works on providing a large number of services to the marijuana industry as a whole. The company has mainly been focused upon working in the Californian marketplace doing everything from branding to transportation and distribution. The company does this through a series of wholly owned subsidiaries which all lie within the TransCanna Holdings umbrella. The Californian market on cannabis is one of if not the largest market for marijuana in the world. Because of this, it looks as though the company is well positioned to take advantage of the future of the industry domestically.

Recently, TransCanna Holdings signed into an LOI or letter of intent with Persuasion Brewing Co. to begin the production of CBD-infused nonalcoholic beer. CBD infused beverages have very quickly become extremely popular which just goes to illustrate why TransCanna Holdings is so interested in getting into this side of the market.

The two companies have stated that they plan to build out a recently purchased almost 200,000 square foot facility that will have a large division just for Persuasion Brewing Co. The goal is to create a line of new products all being under the masthead of nonalcoholic, CBD-infused beer. under the agreement is a three year commitment from the brewing company, with TransCanna allocating funds for the purchase of equipment in exchange for a percentage of sales to dispensaries.

Jim Pakulis, CEO of TransCanna Holdings stated that “Our 196,000-square-foot vertically integrated, cannabis-focused facility is perfectly designed to have a comprehensive bottling and canning line for multiple types of beverages. However, we firmly believe that our first beverage product subject to receipt of the appropriate licenses should be a private labeled non-alcoholic CBD-infused beer.”

OrganiGram Holdings (NASDAQOTH:OGRMF) is one of the key Canadian growers of marijuana. The company has worked tirelessly to produce a market cap north of $1 billion. Although there have been some undersupply worries within the Canadian marijuana market, OrganiGram looks like they are fighting to ensure that this is not the reality.

With a peak output of nearly 100,000 kilograms per year, OrganiGram Holdings remains one of the preeminent marijuana growers in the industry. Investors should continue to keep a close eye on the company as they move toward their future goals and the goals of the industry overall.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)

The marijuana industry has seen quite the dramatic level of success over the course of the past few years. In that time, we have seen not only the industry change but the public perception of the substance as a whole. As we continue to move toward a marijuana-guided future, it seems as though the most important thing to do is to always research a company before putting any money in. With that in mind, there is a large amount of potential left to be seen in the cannabis industry as we move throughout the coming months.

TransCanna Holdings Inc. (TCAN)(TCAN.CN) is a Canadian-based cannabis company that has been working throughout their various Californian subsidiaries. The company does not participate in the growth of the substance at this time with the majority of their business lying in the service side of the market. This includes everything from branding to transportation and distribution services. Because of this, the company is not nearly as subject to the volatility of the market that comes with being one of the growers of marijuana, and rather can be deemed a more stable company in the space.

Recently, the company provided a large amount of information including a complete video tour on their almost 200,000 square foot vertically integrated facility. The company has also been working to completely overhaul their senior management team as they can now handle a much greater amount of challenges given the large facility.

One of the most exciting deals that the business has come into in recent months has been an LOI with Persuasion Brewing Co. to begin the production of CBD-infused nonalcoholic beer. The CBD-infused beverage market has become quite large with massive amounts of investments going into the space.

The goal with this new deal is to assign a part of their new facility to Persuasion Brewing Co. so that they can handle all of the production details. With this deal, they will begin the production of a variety of different types of CBD-infused nonalcoholic beer, which should help to bring them deeper into the product side of the market. With such a strong sense of logistics, their movement into the physical product space should help them to move deeper into the future of the cannabis industry overall.

HEXO Corp. (OTC:HEXO) is considered to be one of the larger growers of marijuana in the industry. The company has managed to make quite a name for themselves as they have seen their equity year-on-year shoot up by over 110%. Although they do have a partnership with Molson Coors Brewing (NYSE:TAP) to begin the production of CBD-infused nonalcoholic beverages, they do have a long way to go before products can hit the market. With so much attention being paid to these types of products, it is clear that they are here to stay. All in all, investors should keep a close eye on HEXO Corp. throughout the near future.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)

Although much of the attention in the cannabis market has been paid to the companies at the top who are the large producers of the raw substance, it seems as though there is a large amount of potential for the companies working to produce cannabis-infused products and products infused with CBD.

These products have seen a large amount of success in both the medicinal side of the industry as well as the health and wellness sector. As many businesses try to catch up to the potential of this market, it seems as though some players are already reaching the top.

TransCanna Holdings Inc. (TCAN)(TCAN.CN) is a Canadian based company that has been working to provide everything from branding, transportation and distribution services as well as products through their California subsidiaries. The fact that they operate out of California gives them a large amount of potential as the Californian industry is projected to be the largest in the world in terms of marijuana revenue. Although they are mainly a services company, they have been working to partner with various businesses to begin putting products out into the market.

The company recently announced that they have signed into a Letter of Intent with Persuasion Brewing Co. to begin the production of CBD-infused nonalcoholic beer. Persuasion Brewing Co. which is a private brewing company located in Modesto, CA is known for their commitment to quality and high standards. The companies have decided that they will create a vertically integrated facility within their recently acquired 196,000 square foot facility located also in the Californian market.

With the partnership, they should begin to produce a large amount of various CBD infused beverages that do not contain alcohol. The LOI that they have agreed to also stated that TransCanna has exclusive rights to the products produced in the facility which puts them in quite a solid position.

Jim Pakulis, CEO of TransCanna Holdings stated that “our 196,000 square foot vertically integrated, cannabis-focused facility is perfectly designed to have a comprehensive bottling and cannabis line for multiple types of beverages. However, we firmly believe that our first beverage product subject to receipt of the appropriate licenses should be a private labeled non-alcoholic CBD-infused beer. We believe it’s the least expensive method to generate the greatest margins as quickly as possible.”

KushCo Holdings (OTC:KSHB) is another company working out of the ancillary market on cannabis. The company has been working to provide businesses with the best packaging available for a wide range of solutions. KushCo is known as one of the preeminent parts of this business as they have been working to overcome the stringent regulations on what packaging needs to be.

The company has also stated that they have plans to move into the branding and solutions side of the industry as well. KushCo, with a market cap north of $550 million, continues to be an interesting company to keep a close eye on for the future of the marijuana market.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)

announces the TransCanna Holdings Inc. (CSE:TCAN) (TH8.F)availability of a CannabisNewsAudio Broadcast titled, “Full-Spectrum Seed-to-Sale Model, Quality Branding Key to Cannabis Success.”

To hear the CannabisNewsAudio version, visit:  http://cnw.fm/T6Azr

To read the full editorial, visit:  http://cnw.fm/l07RO

Last year was a year of maturation for the cannabis market. The market growth resulted from retailers in nine legal adult-use states being pushed beyond the sector’s historically core demographics, targeting fast-growing new segments such as women, with an emphasis on elements such as wellness and clearly labeled/low-dose alternatives. That trend was reinforced with CBD breaking out into the mainstream, as industrial hemp became legal throughout the United States, and cannabis companies looked for ways to stand out from the crowd.

Founded in 2017 with the goal of genuine seed-to-sale capability and rapidly acquiring a bevy of premium cannabis brands, Vancouver-based TransCanna Holdings Inc.  (CSE:TCAN) (TH8.F) is pursuing a true “self-contained ecosystem” approach to the sector via its California-based, wholly owned subsidiaries. TransCanna is intent on ensuring maximum brand consistency by handling every aspect of the production process — from procurement and branding and design through to distribution, transportation, marketing and sales.

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 Statements

This 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.com
303.498.7722 Office
Editor@CannabisNewsWire.com

]]> https://mjshareholders.com/may-has-even-more-good-news-for-marijuana-stocks/ Tue, 07 May 2019 20:46:37 +0000 https://marijuanastocks.com/?p=33856

The marijuana industry during the second week of May has seen a solid amount of stability. While stability has not been a characteristic of the industry for quite some time, it seems as though it has steadily been introduced in greater numbers over the past year or so. Many of the top companies within the […]

The post May Has Even More Good News for Marijuana Stocks appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

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The marijuana industry during the second week of May has seen a solid amount of stability. While stability has not been a characteristic of the industry for quite some time, it seems as though it has steadily been introduced in greater numbers over the past year or so. Many of the top companies within the industry are those who produce large quantities of the substance. This, however, does not take into account the large amount of potential with the companies that offer alternative services to the market. These companies have a lot to offer, and should definitely be given a second look.

TransCanna Holdings Inc. (TCAN)(TCAN.CN) is a company based out of Canada, that has been working to offer a large range of services to the companies that operate within the cannabis market. The company has several subsidiaries, but most importantly their California location has helped to reach one of the largest marijuana markets in the world. The company states that they offer integrated branding, transportation, and distribution services through various wholly-owned subsidiaries.

Recently, the company announced that they have secured a 10,000 square foot facility in Adelanto, CA. The new facility is led under a sublease agreement that would allow them the use of the multipurpose facility which has been shown to be of superior quality and includes armed security personnel. Jim Pakulis, CEO of TransCanna stated that “As we’ve represented since the commencement of TransCanna, it’s crucial to have a main facility, which we now have with the acquisition of the 196,000 square foot vertically integrated facility in Modesto, and up to five satellite facilities located strategically throughout the state.”

Pakulis went on to state that “This is in preparation for TransCanna to provide our clients with up to fifteen reliable, consistent branded products in a timely manner. In order to do that to scale, we needed to have a significant size nursery, grow, manufacturing, bottling, baking, extracting, and transportation and distribution facility and satellite offices, which we now have. Separately but related, we negotiated lease terms that are approximately thirty percent below market rates, with the added benefit of a completely fenced complex and armed security guards present at all times.” This new facility should give them a large benefit as they continue to move to the top of the services side of the cannabis industry.

HEXO Corp. (NYSEMKT:HEXO) is considered to be one of the largest marijuana companies in the whole of the industry. The company builds a strong case for themselves due to not only their low valuation but their revenue as well. The company is worth around $1.6 billion with an annual revenue year-on-year of around $10 million.

With the production capacity to grow as much as 150,000 kilograms per year, it seems as though they are poised for a large amount of growth. Additionally, they also have a supply agreement with the province of Quebec which should help with any overproduction concerns in the near future. Investors should continue to keep an eye on HEXO over the coming months to years.

Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)

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