May has been quite a month for the world of marijuana stocks. In only a short period of time, we have seen valuations shift toward meeting the future goals of the market place. With so much changing and so much to look forward too, it can often be difficult to choose the right company to invest in. Bear in mind that the companies at the top of the market, may not always be the ones with the best value. The best advice is to always do the research before buying into any company.
TransCanna Holdings Inc. (TCAN)(TCAN.CN) is one of the leading companies when it comes to the world of cannabis. Based out of Canada, TransCanna Holdings has been working to secure the method of being the go-to person for all things that cannabis companies have to handle on a daily basis. This means that they do everything from branding and transportation all the way to distribution services. The majority of their operations are based out of California, which is widely regarded as the largest marijuana market in the world.
TransCanna Holdings recently announced that they have entered into a non-binding letter of intent with the company Persuasion Brewing Co. to begin the production of CBD infused non-alcoholic beverages. These types of beverages have become wildly popular throughout the industry in recent months, and the demand looks as though it will continue to skyrocket.
The main aim of these products is to reach into the health side of the industry as opposed to that of the medicinal market. Additionally, these products can also be used for recreational purposes as an alternative to alcohol. With this agreement, TransCanna Holdings will a lot a certain amount of room to Persuasion Brewing in their new almost 200,000 square foot facility.
Jim Pakulis, CEO of TransCanna Holdings stated that “Our 196,000-square-foot vertically integrated, cannabis-focused facility is perfectly designed to have a comprehensive bottling and canning line for multiple types of beverages. However, we firmly believe that our first beverage product subject to receipt of the appropriate licenses should be a private labeled non-alcoholic CBD-infused beer.” All in all, TransCanna Holdings looks as though they are cementing quite a bright future for themselves.
Cannabis Sativa Inc. (OTCMKTS:CBDS) is a company that works by producing various products for sale in the marijuana market. The company produces everything from edibles to recipes and various delivery systems for the products. Because they have such a broad spectrum of offerings, the company has been able to move their market further out than ever before.
One thing to keep in mind is that they are still on track to lose money, which many cannabis companies see, but they should be able to even this out in the near future. This is mostly due to the massive capital needs it takes to produce marijuana. Cannabis Sativa Inc. remains an interesting alternative choice for the world of weed.
Pursuant to an agreement between an affiliate of MAPH Enterprises, LLC (owners of MarijuanaStocks.com), Midam Ventures LLC and TransCanna (TCAN.CN), Midam is being paid $33,000 per month for 3 months byTransCanna (TCAN.CN) for a period from February 14, 2019 to May 14, 2019. We may buy or sell additional shares of (TCAN.CN) in the open market at any time, including before, during or after the Website and Information, to provide public dissemination of favorable Information about TransCanna (TCAN.CN)