Source: TransCanna
  • Plants are going into TransCanna’s (TCAN) first crop management site today
  • TransCanna partnered with cannabis farmers at 365 CannaFarms to consult on the construction of the 22,000 square foot computer-controlled greenhouse
  • The crop is comprised of premium genetic strains from TransCanna’s subsidiary Lyfted Farms
  • TransCanna Holdings Inc. is a California-based cannabis branding, transportation and distribution company
  • Lyfted Farms has been providing the finest cannabis flower genetics and cultivation methods since 1984
  • TransCanna Holdings Inc. (TCAN) opened trading at C$0.75 per share

Plants are going into TransCanna’s (TCAN) first crop management site today – a greenhouse in Wesley, California.

TransCanna partnered with cannabis farmers at 365 CannaFarms to consult on the construction of the computer-controlled greenhouse and to help manage the crop for the client, Central Valley Growers.

The entire crop is comprised of premium genetic strains from Lyfted Farms, TransCanna’s wholly-owned subsidiary.

“This project combines the ‘best-in-class’ expertise of Cannabis 365 who are famous in the industry for their ability to cultivate top-shelf greenhouse flower, and our Lyfted Farms Master Cultivators who are famous for their strains and expertise in cultivating top-shelf indoor flower,” said Bob Blink, TransCanna CEO.

The client, Central Valley Growers, is a family-run company with over 25 years of history in traditional agriculture that had sought out Lyfted Farms specifically for its potent, premium genetic strains. The contract began this summer and involved advising on the construction of a 22,000 square foot, fully automated light deprivation glass greenhouse with computer-controlled light curtains, cooling, heating and humidity systems.

Central Valley Growers is using Lyfted Farms genetics with the intent to produce live resin and cured resin concentrates, which require the highest quality strains and cultivation parameters. Producing live resin also requires high-quality cold storage of the freshly cut plant, which TransCanna will also provide.

“This project is a perfect example of what we can offer 3rd party cannabis growers: crop management, processing, and cold storage services all in one contract,” said Mr. Blink.

TransCanna can also provide packaging, white labelling and distribution services.

“This first successful contract will be a shining example of what we can offer California growers,” said Mr. Blink. “We intend to be the go-to ‘one-stop-shop’ for indoor and greenhouse growers throughout the state.”

California currently has 3,637 licensed cannabis greenhouse cultivation sites.

TransCanna is a California-based company building cannabis-focused brands through its wholly-owned California subsidiaries.

TransCanna Holdings Inc. (TCAN) opened trading at C$0.75 per share.

More From The Market Online

The Market Online’s Weekly Cannabis Report – April 19, 2024

Cannabis news this week: Canopy Growth shareholders overwhelmingly voted to approve a new class of exchangeable shares.

Buzz on the Bullboards: Challenges amid inflation and geopolitical tensions

Canadian and U.S. stock markets grapple with a host of challenges, from surging inflation data to escalating tensions in the Middle East.

Xebra Brands receives second CBD approval by Mexican authority

Xebra Brands (CSE:XBRA) announces it has received its second COFEPRIS approval for CBD product authorization in Mexico.
Canopy Growth - CEO, David Klein.

Canopy Growth shareholders approve Canopy USA asset strategy

After rearranging its capital structure, Canopy Growth (TSX:WEED) will be closer to establishing a U.S.-based multi-state operator.