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Indigenous Bloom Hemp Corp VRTHF

Indigenous Bloom Hemp Corporation is a Canada-based company, which produce and sell hemp extracts. The Company operates a large scale industrial hemp farm in southern Manitoba on approximately 200 acres of zoned farmland. The primary business of the Company is the sale of hemp biomass and flower (Hemp), Phyto cannabinoid rich (PCR) extracts derived from hemp biomass (Hemp Extracts). The Company is in the process of developing, through acquisition and construction, Hemp Products for general consumer end-use. It has two primary products which it plans to sell and is in the process of expanding its product line. The Company’s primary product to date is Hemp Biomass, which is sold pre-processed to customers and partners who process the biomass into Hemp Extracts. The Company has cultivated approximately 100,000 kilograms of Hemp Biomass.


GREY:VRTHF - Post by User

Bullboard Posts
Comment by EdmundHon Sep 20, 2018 3:40pm
80 Views
Post# 28658525

RE:NEWS!!

RE:NEWS!!

It's a pretty weak NR, and the share price is still up 10%. When we have a solid NR about the commencement of the trial, and eventually in a few weeks the results of the trial, the share price should experience strong gains. 

Nice to see some reasoning behind the sale of SOM. That is a negative chapter in this companies history, hopefully they can leave it in the past and move on to bigger and better things.

Strange that their revenue focus was on sales in Puerto Rico. At first I thought this was disappointing as it has only 3.3 mill population. But makes sense as it is an unincorporated U.S. territory, and I hope they intend to use the trials and therapeutic affects as proof, and to take their product to the US market... which would be a game changer!

Grateful for the update but holding on for real news in the not too distant future.

Bullboard Posts
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