Stanislaus County Approves the Licensing of the Daly Building for TransCanna by a Unanimous Vote

Stanislaus County Approves the Licensing of the Daly Building for TransCanna by a Unanimous Vote
TransCanna Holdings Inc. (CSE:TCAN) (FSE: TH8) (“TransCanna” or the “Company”) announces on March 3, 2020 the Stanislaus County Board of Supervisors issued a unanimous (5-0) vote of approval for Lyfted Farm, Inc. (“Lyfted Farms”) a subsidiary of TransCanna, Conditional Use Permit and Development Agreement for the Operation of the Daly Avenue Facility in South Modesto. The Daly facility is a 196,000 square foot industrial facility equipped for large scale cannabis cultivation, manufacturing, and distribution. This facility will be operated by Lyfted Farms in addition to its Cultivation, Nursery and Distribution facilities in North Modesto which were also unanimously approved by the County Board in January 2019.
To initiate operations at the Daly Avenue facility Lyfted Farms will need approval from California for its State licenses, those applications are currently in process.
“This is a tremendous step forward for TransCanna!” said Steve Giblin, President and CEO. “Licensing the Daly facility will enable the company to accelerate revenues by expanding distribution, manufacturing and cultivation. We are now well on our way to achieving our strategic plan.”
“Everyone in the cannabis space in California knows about the Daly building and the effect it will have on the industry,” said Bob Blink, President of Lyfted Farms. “When we open Daly, we will be doing business with most recognized and in demand consumer brands. It will reinforce our position as an industry leader.”
About TransCanna Holdings Inc.
TransCanna Holdings Inc. is a California based, Canadian listed, company building Cannabis focused brands for the California lifestyle, through its wholly-owned California subsidiaries.
For further information, please visit the Company’s website at www.transcanna.com or email the Company at info@transcanna.com.
On behalf of the Board of Directors
Steve Giblin
President
604-207-5548
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Click here to connect with Transcanna Holdings Inc. (CSE:TCAN) for an Investor Presentation.
MARKETS
COMMODITIES
Commodities | |||
---|---|---|---|
Gold | 1838.36 | -3.83 | |
Silver | 21.69 | -0.21 | |
Copper | 4.28 | 0.00 | |
Palladium | 1991.00 | -13.00 | |
Platinum | 956.50 | -2.50 | |
Oil | 112.60 | +0.39 | |
Heating Oil | 3.66 | -0.01 | |
Natural Gas | 8.14 | -0.17 |
DOWNLOAD FREE REPORTS
BROWSE COMPANIES BY SECTOR
- Agriculture Investing
- Phosphate Investing
- Potash Investing
- Base Metals Investing
- Copper Investing
- Iron Investing
- Lead Investing
- Nickel Investing
- Zinc Investing
- Battery Metals Investing
- Cobalt Investing
- Graphite Investing
- Lithium Investing
- Manganese Investing
- Vanadium Investing
- Critical Metals Investing
- Magnesium Investing
- Rare Earth Investing
- Scandium Investing
- Tantalum Investing
- Tellurium Investing
- Tungsten Investing
- Energy Investing
- Oil and Gas Investing
- Uranium Investing
- Gem Investing
- Diamond Investing
- Industrial Metals Investing
- Aluminum Investing
- Chromium Investing
- Coal Investing
- Molybdenum Investing
- Tin Investing
- Precious Metals Investing
- Gold Investing
- Palladium Investing
- Platinum Investing
- Silver Investing
- 3D Printing Investing
- Bitcoin Investing
- Blockchain Investing
- Cleantech Investing
- Cloud Investing
- Cryptocurrencies
- Data Investing
- Emerging Tech Investing
- Artificial Intelligence Investing
- Mobile Investing
- Robotics Investing
- Fintech Investing
- Gaming Investing
- Esports Investing
- Nanoscience Investing
- Graphene Investing
- Nanotech Investing
- Security Investing
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.