Off-market insider buying at Transcanna Holdings (TCAN)

Off-market insider buying at Transcanna Holdings (C:TCAN)

Douglas Lawrence Mason, a Director, acquired 250,000 Common Shares on an indirect ownership basis for registered holder Waterfront Capital Partners Inc. at a price of $0.550 through a private transaction on November 18th, 2020. The insider also acquired 250,000 Warrants with an exercise price of $0.750 for 2 years. This represents a $137,500 investment into the company's shares and an account share holdings change of greater than 100%.

Transcanna Holdings is in the Ground Freight & Logistics Sub Industry Group under the Industrials Sector.

Transcanna Holdings Inc. is a Canada-based company, which is engaged in cannabis branding, transportation, distribution, and offering fulfillment services to medical and adult-use cannabis industries. The Company conducts its operations through its wholly-owned subsidiaries GF group Inc., (GF) and Trans Canna Management Inc., (TCMI). The Company through its Subsidiary TCMI, is primarily engaged in managing transportation and distribution services, and through GF, it is engaged in offering branding and marketing services to cannabis and non-cannabis related customers.