TransCanna™ is “One to Watch”
April 20, 2018
Creating a distribution network throughout California to serve the state’s $8.6 billion cannabis industry
Plans include construction of 10,000 square foot distribution and transportation facility in Adelanto, California, with plans for several more in strategic locations around the state
Holds transportation and distribution permit from Adelanto municipal government
Has access to Track & Trace software platform, a requirement of California’s Bureau of Cannabis Control
TransCanna™ specializes in assisting clients who are cannabis farmers and manufacturers get recognized by end consumers who in turn purchase their products. TransCanna™ offers services to support every aspect of the cannabis-related eco-system; from branding and design, to transportation and distribution, to marketing and sales.
California’s legalized adult-use recreational marijuana market opened for business January 1, 2018. The state’s Bureau of Cannabis Control is responsible for regulating all commercial activities in the state including cultivation, distribution and transportation. Moving cannabis products in the California marketplace is extremely challenging due to municipal and state laws and regulations, which can differ among cities and counties. Since cannabis remains illegal under federal law, Department of Transportation regulated companies are barred from participating in the market, which means companies looking to excel in the sector must hold a state-issued distributor license from the Bureau of Cannabis Control.
TransCanna™ has already entered into an Intellectual Property Rights and Royalty Agreement for the Track & Trace software platform required by the state of California and has received a transportation and distribution permit from the city of Adelanto. TransCanna™ has also executed a land lease to build a 10,000 square foot transportation and distribution facility in Adelanto.
TransCanna™ is strategically creating a distribution network throughout California that places its facilities no further than a 3-hour drive from any client. The company is in the process of leasing or purchasing properly licensed and permitted warehouses strategically located throughout California along with new secure trucks, sprinter vans and/or armored vehicles.
TransCanna™ plans to create its own portfolio of branded products for the cannabis and hemp sectors. The company’s management team intends to translate the skills, knowledge and experience gained from a combined 60 years of branding and marketing experience in the music, professional sports and alcohol industries into TransCanna™ and the cannabis industry.
As part of the “TransCanna™ Way,” the company intends to control all aspects of the supply chain from upper end procurement, branding, transportation and distribution, to marketing and sales.
Leading TransCanna™ as its CEO and chairman is James Pakulis, who has three decades of experience working with public and private entrepreneurial companies in a variety of emerging and high-growth sectors. He is currently president and a director of Lifestyle Delivery Systems Inc. (CSE: LDS) (OTCQB: LDSYF), a vertically integrated cannabis-related entity operating in California. Pakulis was chairman and CEO of General Cannabis Inc. and oversaw the company’s growth from zero to over $16 million in annual revenue in less than 24 months.
Greg Ball serves as TransCanna™ CFO. He holds a CPA, CGA (British Columbia) designation and has served as director and CFO of the company since November 15, 2017. Ball has over 30 years of accounting experience. Joao (John) da Costa serves as a director on the TransCanna™ management team. He is the founder and president of Da Costa Management Corp, a company which provides management and accounting services to the public and private sector.
The company’s strategic advisors include individuals with extensive experience in branding, marketing, sales, distribution, production, supply chain management, and armed security services.
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