TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that its wholly owned subsidiary, TCM Distribution, Inc., has received an adult use cannabis manufacturing permit and an adult use cannabis distribution permit from the City of Adelanto, California. According to the update, TCM Distribution applied for the permits after sub-leasing an Adelanto-based 10,000-square-foot warehouse space. In addition, TCM Distribution has applied for its adult use permanent manufacturing license and distribution licenses from the state of California, which are pending. “The purpose of the Adelanto facility is two-fold; first, it’ll be used as one of our southern California satellite facilities for goods being transported from our 196,000-square-foot vertically integrated, cannabis focused facility in Modesto,” TransCanna CEO Jim Pakulis said in the news release. “Second, with the non-volatility manufacturing license we’ll be able to accommodate the production and packaging of pre-rolled cannabis products and other products of similar nature, then distribute them accordingly.”
To view the full press release, visit http://ibn.fm/QYzni
About TransCanna Holdings Inc.
TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace. For more information, visit the company’s website at www.TransCanna.com.
NOTE TO INVESTORS: The latest news and updates relating to TCAN are available in the company’s newsroom at http://ibn.fm/TCAN
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