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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 GreyMatter22on Dec 29, 2016 3:11pm
56 Views
Post# 25651120

RE:RE:RE:RE:RE:RE:RE:RE:how is thc not going up?

RE:RE:RE:RE:RE:RE:RE:RE:how is thc not going up?
droidmeister wrote:


Next, while they've done a good job of acquiring licenses so far, they still dont have the two critical licenses - THC still can't sell dried cannabis or oil to registered patients. Hopefully that comes soon, but as of today, they're missing those two important licenses. When those come, hopefully we see the share price jump to $1.40, and then when they get their new facility completed we see $2, but maybe we don't, and why could that be? Forget about $1.40 or $2.00, right now we're all wondering why the stock price is stuck at a buck or less, right?




That's it, right now this is 'just a clone shipper', not much hype around this potentially lucrative product. This isn't August/September when ALL companies went up ~100%, even the bogus ones. 

Right now investors are mainly focusing on big/legit players with a proven track record who either got great cash reserves or products lined up ready to go. 

THC is right up there, but once dried cannabis and oil is a go, the stock will jump. Hopefully it comes very soon, as THC is still undervalued with strong fundamentals. I have been with this one for sometime, we will see the $1.40 price and beyond once the dried cannabis and oil are up on the website. 

Bullboard Posts