Yes, tranq is in the scrabble dictionary

...and is worth 15 points by itself.

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Tranq Definition

noun

A tranquilizer.

from the English-language Wiktionary

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Here are some other words you could make with the letters TRANQ, you can also
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Top Words by points	Points
tranq	14

2 letter words with TRANQ	Points
an	2
ar	2
at	2
na	2
ta	2

3 letter words with TRANQ	Points
ant	3
art	3
qat	12
ran	3
rat	3
tan	3
tar	3

4 letter words with TRANQ	Points
rant	4
tarn	4

5 letter words with TRANQ	Points
tranq	14

Found 15 words in 0.1283 seconds