Transcanna Holdings Inc. (C:TCAN)
Business Focus: Medical Farming
| Sector: Healthcare | Industry: Healthcare Facilities & Services |
| Company Contact | |
| Address: | 2489 Bellevue Avenue WEST VANCOUVER BC V7V 1E1 |
| Tel: | N/A |
| Website: | https://www.transcanna.com |
| IR: | See website |
| Key People | ||
| N/A | ||
| Business Overview |
| TransCanna Holdings Inc. is a Canada-based company, which holds licences for cannabis-focused brands for the California lifestyle, through its wholly owned California subsidiaries. The Company's principal business activity is the creation of consumer brands, from inception to sales, which includes, but is not limited, to the manufacturing transportation and distribution services in the state of California including cannabis related products. The Company, through its wholly owned subsidiary Lyfted Farms Inc., is licensed to cultivate, distribute, and sell wholesale cannabis products in the state of California. |
| Financial Overview |
| For the nine months ended 31 August 2022, Transcanna Holdings Inc revenues decreased 5% to C$2.2M. Net loss increased 4% to C$6.9M. Revenues reflect Product revenue decrease of 19% to C$1.8M. Higher net loss reflects Gain (loss) on settlement of accounts pa increase from C$10K to C$700K (expense), Foreign exchange increase of 31% to C$2M (expense), Rent and utilities increase from C$144K to C$493K (expense). |
| Reporting Currency: | Canadian Dollars |
| Enterprise value: | $19.90M as of Aug 31, 2022 |
| Annual revenue (TTM): | $3.89M as of Aug 31, 2022 |
| EBITDA (TTM): | -$7.85M as of Aug 31, 2022 |
| Net annual income (TTM): | -$13.38M as of Aug 31, 2022 |
| Free cash flow (TTM): | -$5.43M as of Aug 31, 2022 |
| Net Debt Last Fiscal Year: | $19.01M as of Aug 31, 2022 |
| Shares outstanding: | 139,477,162 as of Oct 18, 2023 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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