Transcanna Holdings Inc (TCAN)

[MontereyBud]

TransCanna Closes CA Real Estate Deal, Stock Price Hits $3.52 Per Unit

According to Equity Guru, TransCanna Holdings (TCAN.C) closed a deal for a land, building and asset package in Northern California for USD$15 million today.

“Acquiring arguably the largest vertically integrated cannabis centric three-storey multipurpose facility in California reinforces our strategy to be fully self-contained in our ecosystem. We also have an additional five acres in the green zone adjacent to the facility to build up to 600,000-square-foot three-storey grow facility to supply our own biomass for the brands we acquire or create,” said Jim Pakulis, chief executive officer of TransCanna.