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TransCanna (CSE:TCAN) plants new crops at Daly Facility

Cannabis
CSE:TCAN
12 October 2021 14:30 (EDT)

Source: TransCanna

TransCanna Holdings (TCAN) is preparing two new crops at its Daly Facility.

The dedicated team of cultivators at TransCanna’s subsidiary, Lyfted Farms, are replanting the first cultivation room and preparing plants for its 3rd cultivation room.

The first room of 1400 plants produced an abundant September harvest. The second cultivation room will harvest in early December, and the third will be ready in about eight weeks.

Bob Blink, TransCanna CEO, commented on the preparations.

“We are off to a fantastic start with all our activities coming online at Daly.

The cultivation parameters and conditions we have put in place are proving to yield better results than expected, and we are finding a nice rhythm in rotating cuttings through our vegetative room before placing them in their cultivation rooms.” 

The addition of the vegetative room is increasing yield and efficiency by 25 per cent.

Planting in the third cultivation room means that three of the five new cultivation rooms recently constructed at Daly are now fully operational, with the first one already growing its second crop. Once operating at full capacity, each of the five rooms will produce up to five harvests per year.

In addition to cultivation, crop management, cold storage, and processing services have also come online at the multipurpose Daly Facility.

TransCanna Holdings Inc. is a California-based, Canadian-listed company building cannabis-focused brands for the California lifestyle, through its wholly-owned California subsidiaries.

TransCanna’s wholly-owned subsidiary Lyfted Farms is California’s authentic cannabis brand.

Transcanna Holdings Inc. (TCAN) are up 21 per cent, trading at C$0.75 per share at 2:30 pm ET.

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