Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

THC Biomed Intl Ltd C.THC

Alternate Symbol(s):  THCBF

THC Biomed Intl Ltd. is a Canada-based cannabis producer. The Company’s principal business is the production and sale of cannabis through THC BioMed Ltd., which is a small batch Licensed Producer as regulated by the Cannabis Act which regulates the production, distribution, and possession of cannabis for both medical and adult recreational access in Canada. The Company’s biological assets consist of cannabis plants (mother plants and clones for growth); resin; oil; harvested marijuana flowers prior to completion of the drying, grading and testing processes; and edible concentrate. The Company operates in a single reportable segment being the cultivation and sale of cannabis. Its subsidiaries include THC BioMed Ltd., Clone Shipper Ltd., THC BioMed Victoria Falls Ltd., THC2GO Dispensaries Ltd. (THC2GO), and THC BioMed Lesotho Ltd. (THC Lesotho). Clone Shipper Ltd. owns all rights to the Clone Shipper product used to transport live plants.


CSE:THC - Post by User

Bullboard Posts
Post by RamboIsMIAon Oct 06, 2019 10:42am
115 Views
Post# 30200966

Some objective thoughts

Some objective thoughtsOn a board riddled with biases and misinformation. Here is the first thing. It may seem like supply has been going down but IR has confirmed that they send more product directly to brick and morter stores that doesn't show up online. I dont think Q4 will be as bad as everyone thinks but it is hard to wait 4 months from quarter end to see results instead of the normal 2 due to it being annual filings. Another point to make for those folks panicking thinking we are running out of money: IR has also reinforced that the recent financing has been used for expansion and growth. Implying that operations are already covered by revenue or close to it in my opinion. Remember the recent rooms just doubled grow space and are close to harvest. I doubt that expenses will climb to match the increase in revenue. My understanding is that they have 3 more rooms close to be ready for inspection as well which could give us another boost. Also i beleive they have to wait for their oil license to be approved and oct 17 before they can submit their application for THC kiss. They recently had an inspection by Health canada for that license and if they have it before oct 17 that would be great timing. Remember this is all BEFORE we even consider what our sticks bring us in new revenue and opportunities. Heads up guys things are never as bad as they seem when you are down and they are never as good as they seem when your up. But what do I know. I am just an anonymous stockhouse poster.
Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse