Be Careful..To all those 19 year kids who have been in stocks for a couple weeks.. be careful.
This thing was trading between .30 and .40 cents a week or so ago. On paper everything looks kocher, but do some more digging and you will see THC is not all ripe and proper.
There are a few inconsistencies, as to which even with their sale license, they might not be necessarily making excessive dividends.
Of note:
-29 Strains in low production numbers. (These will sell out extremely fast, and there is no way to keep up stock with this many. The current mass LP's only sell a handful, and even then supply is an issue. Seems like a silly strategy. On top the price will be $4.20 a gram. This is much below the market average. Why would you short sale yourself?!
-No listed physical address, or proven grow capacity. (Their current space is essentially a large house with "plans" for expansion. Their headquarters in Vancouver is the investor's office space. Even the email is: @theloncapital. (At this point you can't even set up a proper domain so correspondence can build your brand name?) Now the "lab" looks good in pictures, but it is nothing more then a few technicians with some fancy chemistry gear. In the size of small rented office space (this part of the operation is in Kelowna).
-Someone mentioned they did not have plans to even be a large supplier of dried cannabis. Leaving it to clones and seeds / grow equipment to make revenues. Pot is a "weed", Health Canada unless they have a way to verify genetics will have no way of proving where a person got their seeds / plants from. Seeds and starters will not be a billion dollar industry overnight. Not with the other LP's already invested to this area. Current dispensaries etc already offer cheap prices, and it's not illegal to buy seeds. Heck I was buying seeds 5 years ago with no issues through the mail!
-Packaging - Have you looked at the proposed pill bottles? It looks like cheap incense or products from the Body Shop. Not professional IMO.
-The "Seeds-R-Us" marketing is hilarious. As I pointed out before, if they would have even bothered to Google the name they chose to market, they would clearly see it has already been taken by another Company. So anyone who plans to utilize this service will be buying from another vendor. This is basic basic marketing checklist stuff ..
I have not heard from anyone who has personally visited with and or been to any of their operation locations. I get it, they don't want a parade of people around. They are a "real" business, but ties from the original investor go back many many years and fillings are hazy. I feel in comparison to the current market leaders, their transparency sucks!
Now can you make money on this stock.. Yes! Hell I have! :) I am just saying to be careful, as this thing could get swingy again. I want to give THC my all, but after much DD, I just cannot 100% stand behind them like some of the others.
Apologies if this seems like bashing, I am not. Just want to give my opinion from being involved for a couple months with these guys.
GL.
(I am sure some folks can better clarify some of my statements, which in reality should only help this stock!)