NetworkNewsBreaks – TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) Prepares to Pounce on California Cannabis Distribution, Transportation Markets

TransCanna Holdings (CSE: TCAN) (FSE: TH8), through its affiliate TCM Distribution Inc. (“TCMD”), has secured local licenses in Adelanto, California, and recently secured a California temporary distribution license. In addition, TransCanna also completed its initial public offering (“IPO”) for total gross proceeds of C$2.2 million, which will be used to fund its general working capital for the next 12 months including its entry into California’s cannabis transportation and branding market, per a prospectus filed on SEDAR in December (http://nnw.fm/lMN9w). A recent article discussing the company reads, “Transporting cannabis products in California remains challenging in the months following full legalization because of a patchwork variety of local and state regulations. Companies regulated by the U.S. Department of Transportation are barred from transporting the material, because cannabis sales remain illegal under federal law. . . . ‘Cannabis distribution and transportation is a relatively new sector of the overall cannabis industry in California, as a result of the state of California regulating all cannabis related activities effective January 1, 2018,’ the prospectus reads. ‘There are various types of licenses issued by the state of California in the cannabis industry, of which TCMD is applying for a cannabis distributor and transportation license. Currently there is a limited pool of distribution and transportation companies operating in this area.’”

To view the full article, visit http://nnw.fm/ZLu9H

About TransCanna Holdings Inc.

TransCanna Holdings is a Canadian-based company providing branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace. For further information, please visit the company’s website at www.TransCanna.com.

About NetworkNewsWire

NetworkNewsWire (NNW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) NetworkNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. NNW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.

To receive instant SMS alerts, text STOCKS to 77948

For more information please visit https://www.NetworkNewsWire.com

Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer

NetworkNewsWire (NNW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkNewsWire.com

Latest News

Chicago police arrest 2 suspects in attack on Smollett

Feb 15, 2019

CHICAGO — The investigation into black actor Jussie Smollett's account of being beaten in a racist, anti-gay attack took another turn Friday when Chicago police said two men arrested in the case are also black. Police spokesman Anthony Guglielmi said the two were arrested for "probable cause" of committing assault and battery on the "'Empire' cast member" but had not been charged as of Friday afternoon. Smollett, who is gay, has said two masked men beat him after shouting racial and homophobic slurs and tied a rope around his neck early on Jan. 29. The two suspects — whom police...

The Latest: Police: Men arrested in Smollett case are black

Feb 15, 2019

CHICAGO — The Latest on the attack on "Empire" actor Jussie Smollett (all times local): 2:05 p.m. A Chicago police spokesman confirms that the two suspects arrested in the reported hate crime involving black actor Jussie Smollett are black. Department spokesman Anthony Guglielmi also says the suspects were arrested on suspicion of assault and battery. He says department policy prohibits him from naming the victim but says that he can say the two Nigerian brothers were arrested in connection with the case involving the "'Empire' cast member." Smollett is an actor on the television drama and has said he was...

Tichina Arnold finds a new sitcom home in 'The Neighborhood'

Feb 15, 2019

LOS ANGELES — Tichina Arnold knew as a tot she was meant to perform. "I told my mom at the age of 3, 'I want to sing.' And of course my mom being a mother, she said, 'Well, my baby wants to sing.' So they put me up on a chair," Arnold recalled. She's been honing her talent since, but credits more than that for a career that's paired her with comedy stars Martin Lawrence, Chris Rock and in her latest project Cedric the Entertainer for CBS' "The Neighborhood" (airing 8 p.m. EST Monday). Listen to the comedic actress explain...

Bombshell book alleges a Vatican gay subculture, hypocrisy

Feb 15, 2019

PARIS — A gay French writer has lifted the lid on what he calls one of the world's largest gay communities, the Vatican, estimating that most of its prelates are homosexually inclined and attributing much of the current crisis in the Catholic Church to an internal struggle. In the explosive book, "In the Closet of the Vatican," author Frederic Martel describes a gay subculture at the Vatican and calls out the hypocrisy of Catholic bishops and cardinals who in public denounce homosexuality but in private lead double lives. Aside from the subject matter, the book is astonishing for the access...

Outtakes: Regina King on white lies, directing and '227'

Feb 15, 2019

NEW YORK — Regina King — who is nominated for her first-ever Academy Award for her work in "If Beale Street Could Talk" — discusses sitting in the director's chair and following up on the promise she made to female filmmakers during her Golden Globes speech in outtakes from a recent interview with The Associated Press. Read the interview here . LITTLE WHITE LIES When R&B singer Jaheim asked Regina King to be the leading lady in a music video in 2010, she flexed her neat negotiating skills: If I'm in it, let me direct it! There was just one...

About Us

Buzz Online Daily brings to you the trendy and up-to-date viral news, entertainment news, and local breaking news exclusively to our dedicated readers.

Contact us: sales[at]buzzonlinedaily.com

Subscribe Now!