TransCanna Holdings (CSE: TCAN) (FSE: TH8), through execution of a nonbinding letter of intent to acquire the business and assets of Lyfted Farms Inc. of Modesto, California, is showing continued search for synergies and opportunities in the strategic move. An article discussing this reads, “The acquisition of Lyfted Farms would give TransCanna a finger in many pies. Lyfted Farms holds licenses from the state of California for nursery cultivation, commercial cultivation and distribution. The fast-growing company is well known in the California market. Presently, it offers a range of high-end flower that includes about 50 exotic and unique genetic strains, with cultivation managed by a team with over 20 years’ experience.”
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About TransCanna Holdings Inc.
TransCanna Holdings 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.
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