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(CityRegions.Com, July 21, 2017 ) Bingham Farms, MI – June 1, 2017, TransAtlantic Capital, Inc. (TACI) announces a new acquisition sector for the publicly traded company. Chief Executive Officer, Joshua Griggs announced the intent to begin sale-leaseback transactions in the licensed Medical-use cannabis industry. “Our investment model has always focused on developed real estate, backed by stable retail operations. Today, medical marijuana is nearly a $7 billion industry, with 29 states and the District of Columbia allowing their citizens to use medical cannabis and more states are expected to support legalization. The cultivation of medical Cannabis creates a unique opportunity to invest in a growing industry. We plan to be capital providers for state licensed medical cannabis facilities”, says Joshua Griggs.
TACI plans to acquire industrial real estate assets used for cultivating and processing Medical-use cannabis, and operated by state-licensed growers. Simultaneous with land and facility acquisition, they enter long-term, triple-net lease agreements with best-in-class Medical-Use Cannabis Growers who meet or exceed state licensing standards. The Triple-Net lease arrangements with tenants are long-term (15+ years) where the tenant is responsible for maintenance, taxes, insurance, and structural repairs, in addition to base rent.
“As this sector continues to evolve, the challenge for licensed facility operators is to stay up to date with technological advancements in real-time. By selling the real estate and facilities to us, and then leasing it back from us, growers can use the proceeds to improve operations, allowing higher profits than they would by owning the real estate,” Says Griggs. We plan to acquire 1.5 million square feet of State licensed medical cannabis facilities and their land over the next 12 months.
ABOUT TRANSATLANTIC CAPITAL, INC
TransAtlantic Capital, Inc. is a publicly listed real estate operating company trading on the OTCBB (Over the Counter Bulletin Board Exchange). TransAtlantic Capital, Inc. specializes in the acquisition of net leased real estate assets to industry-leading Fortune 1,000 companies performing globally. Our acquisition criteria include Sale Leasebacks, Net Lease Creditworthy Tenants, and Single Assets or Portfolios. Each portfolio acquisition minimizes risk by structuring terms containing a corporate guarantee from the globally recognized credit tenant. Each acquisition will have stable and suitable growth potential for favorable investor returns. Transatlantic Capital was formerly known as ACRO, Inc. and changed its name in July 2014. Stock information is Transatlantic Capital Inc: OTCBB TACI. For more in-depth information visit: http://www.transcapinc.com/
TRANSATLANTIC CAPICAL INC. FORWARD-LOOKING STATEMENTS
This press release contains statements that the Company believes to be “forward-looking statements” within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than historical facts, including, without limitation, statements regarding the consummation of sale-leaseback transactions and the terms thereof, are forward-looking statements. When used in this press release, words such as we “expect,” “intend,” “plan,” “estimate,” “anticipate,” “believe” or “should” or the negative thereof or similar terminology are generally intended to identify forward-looking statements. Such forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed in, or implied by, such statements. Investors should not place undue reliance upon forward-looking statements. The Company disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
TransAtlantic Capital Inc.
Joshua Griggs, CEO
30100 Telegraph Road, Suite 366
Bingham Farms, Michigan 48025
Phone: (855) 279-7156
info@transcapinc.com
This press release was submitted on behalf of Transatlantic Capital Inc. by Right Now Marketing Group, LLC
TransAtlantic Capital, Inc.
Joshua Griggs
(855) 279-7156
info@transcapinc.com
Source: EmailWire.Com 
Source: EmailWire.com
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