Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Transcanna Holdings Inc. (C:TCAN)

Business Focus: Medical Farming

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEDAR
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 is engaged in building cannabis-focused brands for the California lifestyle. 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's subsidiary, Lyfted Farms is California's cannabis brand, which provides the finest cannabis flower genetics and cultivation methods. The Lyfted Farms brand of exclusive cannabis flower is sold at retailers across the state.
Financial Overview
For the six months ended 31 May 2022, Transcanna Holdings Inc revenues increased 14% to C$1.5M. Net loss decreased 41% to C$4.6M. Revenues reflect Service revenue increase from C$0K to C$379K. Lower net loss reflects Foreign exchange decrease of 83% to C$553K (expense), Share-based compensation decrease of 85% to C$186K (expense), Investor relations decrease of 96% to C$31K (expense).
Reporting Currency: Canadian Dollars
Enterprise value: $23.26M as of May 31, 2022
Annual revenue (TTM): $4.18M as of May 31, 2022
EBITDA (TTM): -$7.19M as of May 31, 2022
Net annual income (TTM): -$9.91M as of May 31, 2022
Free cash flow (TTM): -$5.99M as of May 31, 2022
Net Debt Last Fiscal Year: $16.88M as of May 31, 2022
Shares outstanding: 105,623,015 as of Aug 30, 2022
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization