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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
Post by fringelifeon Feb 17, 2017 4:32pm
268 Views
Post# 25863556

BE at its peak today was at $73 million market cap

BE at its peak today was at $73 million market capThey aren't even in pre-license, let alone a grow license, then a sell license that can take another year and yet worth almost as much as a company that has all the licenses you need?

No way is THC staying here much longer. I'm calling it, this one is gonna move any day now. I've sold most of my portfolio and put it on THC in the 74 - 77 range for the past couple weeks. The only one I won't sell is my Aphria because it's only a matter of time that they are going to be upgraded to TSX, which is scheduled to happen before May 3rd.

Also, in regards to Aphria's upgrade, if others can recall when CGC did the same thing it kick started a huge run for this sector, which included THC. Look at the timing as well, we're getting closer to the legislation bill that's to be tabled in the spring. There's a lot of talk lately from the government about it, like as if they're gearing up for it so there's a perfect storm brewing for this sector.
Bullboard Posts