- TransCanna (TCAN) has promoted Alan Applonie from General Manager to the role of Chief Operating Officer
- Alan has over 25 years of start-up management experience leading multiple companies from infancy to over US$100 million in size
- He has held leadership positions with Kraft Foods, Trident Seafoods and Taylor Farms
- As COO, Mr. Applonie will help TransCanna scale its cultivation production capacity and launch into new verticals
- TransCanna Holdings is focused on cannabis brands for the California lifestyle
- TransCanna (TCAN) is unchanged trading at $0.90 per share
TransCanna (TCAN) has promoted Alan Applonie from General Manager to the role of Chief Operating Officer.
Mr. Applonie has over 25 years of start-up management experience leading multiple companies from infancy to over US$100 million in size. He has also held leadership positions with Kraft Foods, Trident Seafoods and Taylor Farms.
During his two-year tenure as TransCanna’s General Manager, Applonie successfully increased production at an existing facility by 150 per cent, oversaw phase 1 construction at a new facility, migrated operations from cash payments to real banking, and implemented KPIs for every department.
As COO, he will lead TransCanna’s organizational strategy as it scales cultivation production capacity and launches into new verticals such as 3rd party processing, manufacturing, distribution and crop management services.
“It’s been rewarding and worthwhile work getting the infrastructure in place in order to massively scale operations for TransCanna,” Alan said. “Now with all the pieces in place, and an unprecedented amount of plants in process, we can see the clear path towards significant profitability in the very near future. The best is yet to come.”
Bob Blink, TransCanna’s CEO, commented,
“Alan has proven himself to be an incredible asset to our company. His application of his leadership experience in industrial agriculture and consumer packaged goods has already made a huge impact on our company. Perhaps most significantly, Alan has been able to help us create an efficient, organized and success-oriented workplace culture, and he has won the respect of employees across all departments.”
TransCanna Holdings is focused on cannabis brands for the California lifestyle.
TransCanna (TCAN) is unchanged trading at $0.90 per share as of 2:51 pm ET.
