TransCanna's Lyfted Farms Produces World Class 37% THC Strain
Vancouver, British Columbia--(Newsfile Corp. - November 24, 2021) - TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) ("the Company" or "TransCanna") is pleased to announce its wholly owned subsidiary Lyfted Farms has produced its highest THC content strain to-date, its "Unicorn" strain showed a whopping 37% THC content. The Company's previous highest ranking strain was 32% THC.
37% places Unicorn among the highest THC strains on the California market, with anything above 30% considered extremely high. The testing was conducted by an independent 3rd party lab.
"These are ground-breaking results," said Shaun Serpa, CMO for Lyfted Farms. "The market is hungry for strains with higher and higher THC content, and retailers make purchasing decisions primarily based on THC levels. We are continuously improving our methods and ensuring that we are responsive to market demand."
The current market trend is for cannabis flower ranking above 25% THC. Most Lyfted Farms strains currently test in the 25%+ to 30%+ range, which is considered very high.
'Unicorn' was cultivated from clones in Lyfted Farms' existing genetics library, and management attributes the high THC ranking to data-driven process improvements during the nursing, vegetative, and transition management phases of cultivation, all conducted at the Company's Daly Facility in Modesto, California.
Lyfted Farms boasts one of the most extensive genetic libraries in the state of California.
"I am extremely proud of our large and diverse genetic inventory," said Mr. Serpa. "We have over 50 strains and can specialize in strains for concentrates, terpene strains, indica dominant strains, and sativa dominant strains."
Most competitors only have five strains at a given time due to resource limitations of space and capital. But with TransCanna's 12,000 square foot Jerusalem facility and new 196,000 square foot Daly facility, the company is able to house up to ten times as many strains as the competition.
"I call our strains our 'tools', said Mr. Serpa, "We have the right tool for every job and can pivot quickly to provide for changing consumer demands."
TransCanna Holdings Inc. is a California-based, Canadian-listed company building cannabis-focused brands for the California lifestyle, through its wholly-owned California subsidiaries.
TransCanna's wholly owned subsidiary Lyfted Farms is California's authentic cannabis brand whose pioneering spirit has been continuously providing the finest cannabis flower genetics and cultivation methods since 1984. The Lyfted Farms brand of exclusive cannabis flower is sold at premium retailers throughout the state. With its new multipurpose facility in Modesto, California, the company is now poised to become one of the largest and most efficient vertically integrated cannabis companies in the California market. Visit the TransCanna website today at transcanna.com.
For updated information with respect to our company, please see our filings on SEDAR at www.sedar.com and on the CSE at www.thecse.com, or visit the Company's website at www.transcanna.com. To contact the Company, please email email@example.com.
On behalf of the Board of Directors
Bob Blink, CEO
Certain information in this release may contain forward-looking statements, including future successes of our business development strategies and future opportunities. Forward-looking statements include, but are not limited to, statements concerning management's guidance on sales and other statements which are not historical facts. When used in this document, the words such as "could", "plan", "estimate", "expect", "intend", "may", "potential", "should" and similar expressions indicate forward looking statements.
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