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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
Comment by CanadianJrson Jul 14, 2016 11:05pm
70 Views
Post# 25054697

RE:Freed up some more cash

RE:Freed up some more cashIt's a decent bet if you compare market caps and share structures to other producers in the sector like Supreme or Aphria. Even with 97 million shares according to the Stockhouse quote or $10.53 million market cap we should expect to see any where from $0.30 per share to $1.00 per share increase in time as long as management performs for us shareholders. Very lose and rough maths here working off my phone still. GLTA.
Bullboard Posts