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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 Interpolation1on Sep 05, 2016 12:42pm
178 Views
Post# 25208034

RE:License this Week!?

RE:License this Week!?and since that time ... at least two licences were granted and PUF went from around 40 to under #28.  Just means some deficiencies need to be addressed.  Would not be concerned.  I have been here since under a dime and admit to selling it and buying it back more than once so my effective SP is under the 52 week low.  Easier for me to be patient then someone buying in over $0.30.

Here is their website ... best place for news or use SEDAR or even the CSE site.  Not long ago they received government funding!  Until now, that was OGI's claim to fame.  Read their last six months of news releases and especially that they have an oils licence ... highest margin!  They also have nice diversification.  If I was investing for the first time and wanted a company in the $0.25 to $0.40 range .... THC, MGW for sure,  BE (maybe), VRT (worries me), etc.   My one concern would be .... a share price retreat is to be expected before further momentum upwards.
GLTA.  Go Jays Go.

ckcanada74 wrote: I am eagerly waiting to hear good news this week. Its long overdue. As far as I remember Thc was second in line for licence approval as of 2 months ago. I believe HC employees back from vacation and things will speed up. Hopefully this week.Good luck All.


Bullboard Posts