TransCanna Appoints Mr. Steve Giblin to the Board of Directors
Vancouver, British Columbia--(Newsfile Corp. - March 12, 2019) - TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) ("TransCanna" or the "Company") is pleased to announce the appointment of new Director, Mr. Steve Giblin. Mr. Giblin is an accomplished leader in the Global hospitality, technology and real estate industries with a demonstrated track record of value creation.
Mr. Giblin has strong C suite relationships with Marriott, Hilton, and Radisson brands and he managed the Silverbirch and Delta hotel real estate portfolios for the British Columbia Investment Management Corporation. As CEO of Silverbirch, he grew revenues from $280m up to $500m and increased the portfolio value over 50%. He has worked closely with other companies including established brands like that of Bentall Kennedy, Great West Life and general contractors, Ellis Don, PCL and Bird.
"We're extremely pleased to welcome Steve to our team. His Expertise managing complex businesses in competitive markets and the breadth of his experience will assist us in our growth initiative and follow through on our corporate governance initiatives." stated Jim Pakulis CEO.
"I am looking forward to working with The Management and the board to create value for our investors and continue to grow the company. I recognize the unique position that TransCanna represents and firmly believe the opportunities Mr. Pakulis has identified in the California market place can be addressed." added Mr. Giblin.
Mr. Giblin will be replacing Mr. John Dacosta. The company wishes to thank Mr. Dacosta for his support and efforts in helping the company launch.
This press release does not constitute an offer to sell or solicitation of an offer to sell any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act"), or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
About Transcanna Holdings Inc.
TransCanna Holdings Inc. is a Canadian based company providing branding, transportation and distribution services, through its wholly-owned California subsidiaries, to a range of industries including the cannabis marketplace.
On behalf of the Board of Directors,
Mr. James Pakulis
President and Chief Executive Officer
For Investor Information please email email@example.com
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. Forward-looking statements in this news release include, but are not limited to: the expected purchase of the facility, the terms of the facility acquisition, the payment of finders fees in relation thereto, the ability of the Company to secure financing and the acquisition of appropriate licenses for the facility. 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.
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