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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 Bobthebuilddron Feb 04, 2017 5:29pm
73 Views
Post# 25800366

RE:RE:RE:RE:RE:RE:THC Overall Picture

RE:RE:RE:RE:RE:RE:THC Overall PictureIf they did a ton of Business to business supply it's possible. But 10k plants per quarter is alot. If they had an agreement with WEED or APH or CMED all players who have over 100k Sq feet it could be possible. Or SL has a ton of space too. There is definitely money for them to make. But the numbers don't add up to me in the recreational space is all. Yes. People can grow there own. But how many people actually will? You can make your own beer or wine right now. But how many do. Less then 1%. And the effort required for beer/wine takes about 3 minutes vs alot of hard work to grow weed.
DiligentSon wrote: That wasnt directed at you Bob. I was asking omega how he figures they are selling 10k clones per quarter...?
Bobthebuilddr wrote: Read the company description on the TD app. It's clear as night and day. And it has been changed since I first started to invest. It started with patients, recreational clients etc. Now it's starting materials and consulting. CK would reinvest. Personally I wouldn't. As smart as they are with HC policies, and keeping a balanced financial sheet. There level of incompetence with transparency and what there actually doing with investors is staggering.
DiligentSon wrote: What gives you the idea they are selling that many clones? And let's be honest, if clones are all they've got, and are only bringing in $1 million a quarter...that is not sustainable.
Omegab wrote: If they do clone business right : 1+ mil revenue incoming for them in one quarter.








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