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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 fringelifeon Feb 16, 2017 7:10pm
166 Views
Post# 25858362

RE:RE:RE:RE:RE:RE:RE:Lowest market cap of all LPs and even some non-LPs

RE:RE:RE:RE:RE:RE:RE:Lowest market cap of all LPs and even some non-LPsWell I'm hoping it's after THC hits $150 million before then lol. Still even as high as $400 million would be like if THC gets to $1.10, I'd get the same percentage of growth. It's possible you're right, it's hard to really gauge this market sometimes. It's just that everytime there's been news of a sell license, it hasn't affected the company's stocks as much as you would hope it would. Even with THC, we're trading less than we were before we had a sell license. So it is possible that in the short term after getting a license, that Supreme may underperform. Especially after waiting this long many long term investers may sell at the first opporunity of an uptick driving the price down or consolidating it. The old "sell on news" idea might apply to Supreme, but we won't know until it happens.
Bullboard Posts