Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  CANADIAN NATIONAL STOCK EXCHANGE  >  Transcanna Holdings Inc    TCAN   CA89356V1040

TRANSCANNA HOLDINGS INC

(TCAN)
  Report  
Delayed Quote. Delayed CANADIAN NATIONAL STOCK EXCHANGE - 09/20 03:59:32 pm
0.8 CAD   -11.11%
09/19TRANSCANNA : Closes Acquisition of SolDaze
EQ
09/19TransCanna Closes Acquisition of SolDaze
NE
09/17TransCanna Appoints Peter Vitulli Former President of Gatorade to the Board of Directors
NE
SummaryQuotesChartsNewsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector news

Lifestyle Delivery Systems Inc. : Announces a Termination of Exclusive Agreement to Amalgamate Lifestyle Delivery Systems Inc. : with TransCanna Holdings Inc

share with twitter share with LinkedIn share with facebook
share via e-mail
0
07/15/2019 | 09:18am EDT

Vancouver - Lifestyle Delivery Systems Inc. (CSE: LDS), (OTCQX: LDSYF), (Frankfurt: LD6, WKN: A14XHT) ('LDS' or the 'Company') and TransCanna Holdings Inc. (CSE: TCAN, XETR: TH8) ('TransCanna') have mutually agreed to terminate the non-binding letter of intent ('LOI') dated June 28, 2019, whereby LDS and TransCanna would combine in an amalgamation transaction.

After receipt from TransCanna of a request to modify the terms of the amalgamation, the Company's management determined that the proposed transaction would not be in the best interests of its shareholders and, as a result, the LOI has been terminated by mutual agreement.

About Lifestyle Delivery Systems Inc.

Lifestyle Delivery Systems Inc. is a technology company that licenses its technology to a state-of-the-art production and packaging facility located in Southern California. The Company's technology produces infused strips (similar to breath strips) that are not only a safer, healthier option to other forms of delivery but also superior bioavailability of cannabis constituents. Some strips will also include supplemental co-active ingredients such as nutraceuticals, vitamins and peptides. The technology provides a new way to accurately meter the dosage and assure the purity of selected product. From start to finish, the production process, based on the Company's technology, tests for quality and composition of all the ingredients used in each and every strip which results in a delivery system that is safe, consistent and effective.

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a Canadian-based company focused on providing integrated branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace.

Contact:

Email: information@lifestyledeliverysystems.com

Cautionary Disclaimer Statement

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release. Information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. These statements reflect management's current estimates, beliefs, intentions and expectations. They are not guarantees of future performance. The Company cautions that all forward looking statements are inherently uncertain and that actual performance may be affected by a number of material factors, many of which are beyond the Company's control. Such factors include, among other things: risks and uncertainties relating to the Company's limited operating history and the need to comply with environmental and governmental regulations. In addition, marijuana remains a Schedule I drug under the United States Controlled Substances Act of 1970. Although Congress has prohibited the US Justice Department from spending federal funds to interfere with the implementation of state medical marijuana laws, this prohibition must be renewed each year to remain in effect. Accordingly, actual and future events, conditions and results may differ materially from the estimates, beliefs, intentions and expectations expressed or implied in the forward looking information. Except as required under applicable securities legislation, The Company undertakes no obligation to publicly update or revise forward-looking information.

(C) 2019 Electronic News Publishing, source ENP Newswire

Stocks mentioned in the article
ChangeLast1st jan.
TRANSCANNA HOLDINGS INC -11.11% 0.8 Delayed Quote.0.00%
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on TRANSCANNA HOLDINGS INC
09/19TRANSCANNA : Closes Acquisition of SolDaze
EQ
09/19TransCanna Closes Acquisition of SolDaze
NE
09/17TransCanna Appoints Peter Vitulli Former President of Gatorade to the Board o..
NE
09/17TRANSCANNA : Appoints Peter Vitulli Former President of Gatorade to the Board of..
EQ
09/12TransCanna Signs Binding Agreement with Lyfted Farms Inc.
NE
09/12TRANSCANNA : Signs Binding Agreement with Lyfted Farms Inc.
EQ
09/03TransCanna Announces Corporate Update
NE
09/03TRANSCANNA : Announces Corporate Update
EQ
08/27TransCanna announces Warrant Listing
NE
08/27TRANSCANNA : announces Warrant Listing
EQ
More news
Financials (CAD)
Sales 2019 -
EBIT 2019 -6,77 M
Net income 2019 -6,77 M
Debt 2019 -
Yield 2019 -
P/E ratio 2019 -2,96x
P/E ratio 2020 1,29x
Capi. / Sales2019 infx
Capi. / Sales2020 0,38x
Capitalization 27,9 M
Chart TRANSCANNA HOLDINGS INC
Duration : Period :
Transcanna Holdings Inc Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 1
Average target price 7,80  CAD
Last Close Price 0,80  CAD
Spread / Highest target 875%
Spread / Average Target 875%
Spread / Lowest Target 875%
EPS Revisions
Managers
NameTitle
James Pakulis President, Chief Executive Officer & Director
Joao da Costa Independent Director
Arni Thomas Johannson Director
Sector and Competitors
1st jan.Capitalization (M$)
TRANSCANNA HOLDINGS INC0.00%21
OLD DOMINION FREIGHT LINE37.38%13 573
JB HUNT TRANSPORT SERVICES22.69%12 188
LANDSTAR SYSTEM, INC.18.56%4 495
SANKYU INC.16.24%3 150
TFI INTERNATIONAL INC14.25%2 512