Transcanna Holdings Inc (TCAN)

[MontereyBud]

TransCanna Holdings Inc. ($TCAN) Up 374% After IPO.

North American cannabis stocks, like TransCanna Holdings Inc. ($TCAN), caught the attention of savvy investors early this year when the company successfully completed its initial public offering (IPO).

The company rolled out its IPO of 4,400,000 shares (a.k.a. units) on Jan 8, 2019, on the Canadian Stock Exchange (CSE) at $.50 per unit, according to online reports.

... and on Friday, February 15, the company closed at $2.37 per share on the CSE.

Similar to other publicly traded stocks and funds, TCAN's stock value has vacillated since the IPO, but as the CSE closed on Friday, TCAN was up roughly 374 percent since their Initial Public Offering in January.