TransCanna Launches New Revenue Stream: 3rd Party Cold Storage - Investing News Network

TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“the Company”) today announced that it has officially launched its new cold storage services for 3rd party manufacturers with the onboarding of its first client, Kase Manufacturing (‘Kase’).

Kase will rent portions of TransCanna‘s 4,400 square foot, state-of-the-art cold storage cannabis freezer for specialized storage of Kase’s fresh-frozen cannabis biomass. The sub-40 degree Fahrenheit cannabis freezer, roughly the size of a five bedroom house, is the largest of its kind in Northern California.

“Effective cold storage is a crucial component of the production of live resin concentrate cannabis products, and we are excited to begin servicing this emerging segment of the cannabis industry,” said Bob Blink, TransCanna CEO. “A freezer of this size and temperature typically costs about $2M – making the barrier to entry to the resin market challenging for many manufacturers. We are committed to servicing 3rd party resin manufacturers throughout California in many ways such as offering them premium flower for use as a raw material, as well as processing, storage and distribution services.”

Live resin, considered the ‘champagne’ of concentrates, can only be produced by instantly flash freezing ‘living plants’, and it’s extremely difficult to do so on a large scale. Cannabis connoisseurs value its rarity, potency and strong flavor profile captured from the essence of the living plant. Live Resin based products, typically sold in...



Read Full Story: https://investingnews.com/daily/cannabis-investing/transcanna-launches-new-revenue-stream:-3rd-party-cold-storage/

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.



Tags: