Transcanna Holdings Inc (TCAN)

[MontereyBud]

TransCanna and the OTCQB?

Good morning Journal Jack,

While I don't know for certain that TransCanna will be listed via the over-the-counter stock market in the U.S. anytime soon, I would imagine that's just one of their short term goals

I believe $TCAN already meets International qualifications for companies seeking to be listed on OTCBQ.

Qualifications for Trading on the U.S. OTCBQ:

1.) The company must be listed on a Qualified Foreign Exchange and be12g3-2(b) compliant OR be an SEC Reporting Company

2.) Submit an annual OTCQB Certification, confirming Company Profile is current and providing additional information on officers, directors, and controlling shareholders

3.) Meet minimum $0.01 bid price and may not be in bankruptcy

4.) Have at least 50 Beneficial Shareholders, each owning at least 100 shares

5.) Have a freely traded Public Float of at least 10% of the total issued and outstanding of that security*

7.) Submit a Letter of Introduction from a firm qualified to sponsor OTCQX companies (one-time requirement)

As to whether or not the CEO of TransCanna uses WOFA as the shell CO when they list on OTCBQ, that remains to be seen.

In regards to the TCMD question, here is what I've read:

"TransCanna has already entered into an Intellectual Property Rights and Royalty Agreement for the Track & Trace software platform required by the state of California. TCM Distribution, the operating company managed by TransCanna, has received a transportation and distribution permit from the city of Adelanto and a temporary transportation and distribution permit from the state of California. TransCanna has also executed a land lease to build a 10,000-square-foot transportation and distribution facility in Adelanto."

As part of the “TransCanna Way,” the company intends to manage most aspects of the supply chain from upper end procurement, branding, transportation and distribution, to marketing and sales.

Cultivating TransCanna's roots throughout North America's marijuana ecosystem, the company's 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.

Pakulis is formerly the 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. which from 2010 to 2012 owned WeedMaps. Pakulis oversaw the company’s growth from zero to over $16 million in annual revenue in less than 24 months.