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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 Mar 07, 2017 3:59pm
178 Views
Post# 25946323

RE:whaaaa....

RE:whaaaa....Illegal pesticide use, scaring people from the legal pot market and this article out today, which suggests a drop in this sector has to do with Bill Blair's comments that legalizaton won't be happening anytime soon.

https://goo.gl/Bzyd5l

I pulled my money out as well, but I'm likely to put my confidence in something like THC, which will benefit from a delay in legalization as they will have time to play catch up and while securing the clone market at the same time. Also, unlike the big boys, they don't have a high valuation so it's not likely to drop too far but not going to underestimate the drop considering how many stocks like Supreme are going lower than they were in a while. So yes I pulled my money, but no I'm not done with this stock.

maritimedreamer wrote: Been active investor in THC for a while, cannot understand why share price taking a dive today. News with OGI and WEED not good.... but is this spooking the MMJ market completely? What are people's thoughts.


Bullboard Posts