Stock Trading News: TransCanna (CSE: TCAN) | Expansion to Lead to Production Increase

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TransCanna Holdings Inc. (CSE: TCAN, XETR: TH8) seeks to contribute to the industry as a strategic vertically integrated acquisition company. A 400% increase in cultivation and production capacity is expected as they expand into their new facility.

They're now scaling the company to leverage their vertically integrated facility in Modesto California. It will be one of the largest cannabis facilities in the State. It will also have access to over 39 million residents and 240 million visitors per year and will be over 20 times larger than their current site.

Furthermore, all of TransCanna's product in its original site is sold out until March of 2021. Therefore, bringing this additional capacity online will allow the company to deliver the product to consumers.

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