NetworkNewsBreaks – TransCanna Holdings Inc.’s (CSE: TCAN) (FSE: TH8) Acquisition of GoodFellas to Include Proprietary Simple Brand and User-Friendly Cannabis Kit

February 8, 2019 10:03:37

TransCanna Holdings (CSE: TCAN) (FSE: TH8) today announced that in addition to the branding and marketing business of Goodfellas Group, LLC, subject to completion of the previously-announced acquisition, the company will acquire its existing in-house brand “Simple”. The Goodfellas team, through Simple, has created as a user friendly, smart cannabis package called the Simple Kit(TM) to assist first time consumers to experience cannabis in a positive way. The Simple Kit comes in user-friendly packaging, with a box that can be transformed into a tray when opened, and includes a child proof/waterproof/airtight container/grinder, a portion of cannabis, filter tips, a cannabis scoping device and rolling papers. In the last quarter of 2018 ,the Simple Kit began its preliminary introduction to dispensaries and received positive feedback from consumers and merchants during the early stage roll out. As a result, Goodfellas intends to begin offering The Simple Kit to all California dispensaries upon the completion of the sale to TransCanna. “The Goodfellas team reversed engineered the cannabis experience and brought it back to the beginning,” GoodFellas Managing Member Nam Tran stated in the news release. “Our driving question within the company was how can we help and assist a consumer, who hasn’t had cannabis in 30 or 40 years, begin to enjoy cannabis again. Whether it’s for medicinal or recreational purposes, we believe the Simple Kit is an ideal product to help anyone start enjoying cannabis.”

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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. For further information, please visit the company’s website at www.TransCanna.com.

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