President and Co-Founder of Soldaze, Inc. Hired to Lead the Branding Division for TransCanna

VANCOUVER, British Columbia, May 23, 2019 (GLOBE NEWSWIRE) -- via NetworkWire – Transcanna Holdings Inc. (CSE:TCAN: XETR: TH8) (“TransCanna” or the “Company”) is pleased to announce the hiring of Shawn Shevlin (“Shawn”) the president and co-founder SolDaze, Inc., (“SolDaze”) an organic CBD, THC infused mango line of snacks and treats. Shawn will oversee the newly formed branding division for TransCanna at the Modesto facility, which will be responsible for statewide sales. He has over 25 years of experience in branding agricultural related products as well as a background in sales and operations.

TransCanna and SolDaze recently executed a non-binding Letter of Intent in which TransCanna will acquire the business and assets of SolDaze. SolDaze has received numerous awards including first place for packaging design and second place for Infused Edibles at the 2018 Emerald Cup. Together, both companies are working toward the closing of the acquisition.  

“The TransCanna transition team has been extremely effective in orchestrating and managing all the moving parts as we continue with the due diligence and audit work which is necessary for the acquisition to close. To say that we’re extremely excited to be working with such a professional and knowledgeable company is an understatement,” stated Shawn.  

Prior to co-founding SolDaze, Shawn held executive positions at top organic produce companies including EarthBound Farms, Dole, and Organic Girl. He also co-created a supply chain of organic mangoes from Mexico for leading natural food brands and club stores. Shawn co-founded Handshake Farms and helped lead social responsibility efforts to support their rural communities and champion organic farming. This includes training for farmers and supporting schools and sports programs.

“Shawn will be a major addition to our team, and we are honored and excited to have him come onboard.  We are currently planning our next stages to scale operations and created a blueprint for other brands we acquire and bring into the TCAN family,” commented Arni Johannson, president of TransCanna.

For further information, please visit the Company’s website at www.transcanna.com.

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.

For further information, please visit the Company’s website at www.transcanna.com or email the Company at info@transcanna.com.

Media Contact
TransCanna@talkshopmedia.com
604-738-2220

On behalf of the Board of Directors

James Pakulis
Chief Executive Officer

Telephone: (604) 609-6199

The information in this news release includes certain information and statements about management's view of 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. F orward-looking statements in this news release include, but are not limited to:  the expected purchase of Lyfted, the terms of the Asset acquisition,, the ability of the Company to secure financing and the acquisition of appropriate licenses. 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 new information, future events, changes in assumptions, changes in factors affecting such forward looking statements or otherwise.

Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

Corporate Communications:
NetworkWire (NW)
New York, New York
www.NetworkNewsWire.com
212.418.1217 Office
Editor@NetworkWire.com

To view this piece of content from www.globenewswire.com, please give your consent at the top of this page.