- TransCanna (TCAN) has completed its first harvest at its Daly Facility, marking a major milestone for the company
- A team of dedicated cultivators from subsidiary Lyfted Farms began cutting down 1400 plants yesterday, and are completing the job today
- Cultivation is already underway in the second room, with a harvest expected in November
- TransCanna Holdings Inc. is a California-based, Canadian-listed company building cannabis-focused brands for the California lifestyle
- TransCanna (TCAN) is up 4.05 per cent, trading at $0.77 per share
TransCanna (TCAN) has completed its first harvest at its Daly Facility, marking a major milestone for the company.
This inaugural harvest comes out of one of the five new cultivation rooms recently constructed at Daly.
A team of dedicated cultivators from subsidiary Lyfted Farms began cutting down 1400 plants yesterday, and are completing the job today.
Bob Blink, TransCanna CEO, commented on the milestone harvest.
“This is a pivotal and historic day for us,” he said. “This is the first of many harvests out of our new facility, and it has over-delivered on yield with the one room harvest expected to be valued at $640,000.”
Mr. Blink estimated that the room will produce 240-260 pounds of the premium exotic cannabis flower that Lyfted Farms is known for.
Once Daly is operating at full capacity, this and other cultivation rooms will each produce harvests five times per year. Cultivation is already underway in the second room, with a harvest expected in November.
“We are successfully expanding our service offerings into additional business units, but cultivation will always be our core strength and expertise,” said Mr. Blink.
TransCanna Holdings Inc. is a California-based, Canadian-listed company building cannabis-focused brands for the California lifestyle.
TransCanna’s wholly-owned subsidiary Lyfted Farms is California’s authentic cannabis brand whose pioneering spirit has been continuously providing the finest cannabis flower genetics and cultivation methods since 1984.
TransCanna (TCAN) is up 4.05 per cent, trading at $0.77 per share as of 11:30 am ET.