TransCanna Holdings Inc. (TransCanna) (CSE:TCAN) (“TransCanna” or the “Company”) is pleased to announce that the Frankfurt Stock Exchange (XETR) has approved the Company for trading on their exchange. The Company’s Frankfurt listing is TH8.
The Company announces that Mr. Arni Johannson has accepted a seat on the company’s Board of Directors. Mr. Johannson has an extensive background operating and investing in emerging publicly traded companies. In order to accommodate Mr. Johannson’s appointment, current board member, Mr. Greg Ball, has resigned. Mr. Ball will continue as the Company’s CFO. The Company wishes to thank Mr. Ball for his services as a board member.
The board of directors has granted an aggregate of 219,000 Options exercisable at a price of CDN$1.37 per share for a period of two years to directors and consultants.
“We’re excited with the ability to increase our shareholder base by being able to trade TransCanna on the Frankfurt Exchange. We’re also very pleased that Arni has agreed to join the board and assist in TransCanna’s growth. His working knowledge of small, emerging publicly traded companies is arguably second to none,” states Jim Pakulis, CEO of TransCanna.
About Transcanna Holdings Inc.
TransCanna Holdings Inc. 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.
On behalf of the Board of Directors
President and Chief Executive Officer
Telephone: (604) 609-6199
The information in this news release includes certain information and statements about management’s view of future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward looking statements. Forward-looking statements in this news release include, but are not limited to the future leasing plans of the company. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.
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.