TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) ('TransCanna' or the 'Company') is pleased to announce that it has developed a comprehensive strategy for a four phase expansion of sales and fulfillment in the Northern and Southern California markets for all TransCanna brands.

Phase 1 has been initiated and includes Lyfted Farms expanding the geographic reach of its distribution into dispensaries and deliveries in major northern California markets such as Sacramento and San Francisco. For the first time, dispensaries and customers in those markets will have access to all TransCanna brands. The company will bolster their sales team and onboard an additional 50 of the most productive retailers in those markets by end of Q1 2020.

About TransCanna Holdings Inc.

TransCanna Holdings Inc. is a California based, Canadian listed, company building Cannabis focused brands for the California lifestyle, through its wholly-owned California subsidiaries.

Contact:

Tel: 604-609-6199

The information in this news release includes certain information and statements about management's viewof future events, expectations, plans and prospects that constitute forward looking statements. These statements are based upon assumptions that are subject to significant risks and uncertainties. Because of these risks and uncertainties and as a result of a variety of factors, the actual results, expectations, achievements or performance may differ materially from those anticipated and indicated by these forward-looking statements. Forward-looking statements in this news release include, but are not limited to: timing of the completion of the SPA and the satisfaction of closing conditions, and the expected benefits of Lyfted to the Company's business. Any number of factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although the Company believes that the expectations reflected in forward looking statements are reasonable, it can give no assurances that the expectations of any forward-looking statements will prove to be correct. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward looking statements to reflect actual results, whether as a result of newinformation, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

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