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THC Biomed Intl Ltd C.THC

Alternate Symbol(s):  THCBF

THC Biomed Intl Ltd. is a Canada-based cannabis company. The Company is engaged in the production of medical and recreational cannabis. It is licensed to cultivate and sell dried, extract, edible and topical cannabis. The Company is also engaged in scientific research and the development of products and services, with patient safety as a guiding principle. 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).


CSE:THC - Post by User

Post by Petespipeon Feb 11, 2023 10:23am
688 Views
Post# 35281334

Possible takeover target?

Possible takeover target?THC BioMed has some good products and have been going more of the edible route in Canada. I've noticed less dried cannabis which makes sense, since almost anyone can grow decent cannabis at home.  Their drinks and biscuits are both automated which reduces costs.  Investors will see lots of consolidation this year in the cannabis industry as consumers will purchase the quality products at a fair price.  THC BioMed could be a possible takeover target as the larger companies look to acquire top cannabis products.  Hopefully they are financially stable at this stage in the game as any financing would burry the stock.   Especially with John Miller owning more shares than anyone.  Would be smarter to sell off some real estate if cash is needed.  Holding on for the ride. It's been long overdue for all of us bagholders, good luck.
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