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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 29, 2017 2:53pm
82 Views
Post# 26047787

RE:RE:RE:RE:THC is Primming to run $$$$$$$

RE:RE:RE:RE:THC is Primming to run $$$$$$$Technically they've told us everything we need to know. They're working on the expansion, which should be completed soon. There's been an increasing demand for starter materials so much that they've had to hire new staff. While we don't know how large their patient list is growing, we do know it was a factor in hiring new staff as they said to keep up with new patient registrations as well. We also know about the recent Capital Commitment of $10 million, which should calm any speculation of them not having enough funds to continue.

So the only thing left to tell us is how much they're making on clone sales. If they are overwhelmed, it would explain why they are so quiet. Why promote something when you're already struggling with current levels of demand? I'm sure we'll hear more soon when they're properly staffed and ready to reveal something new we haven't heard yet.

Also, this is a gift to anyone able to buy at these levels. I'm one of those people. I sold in December for around a $1, something told me that they would be a struggling start up, but then when it fell down into the 70s I started to accumulate again.

moonlight1 wrote: I also believe that THC is a solid company who are being methodical in their expansion and not listening to the hype and expanding too fast. I am not giving a single share up until they are over $2. Obviously not everyone appreciates their slow steady style and that's why there hasn't been any SP change of note for 6 months. 


Bullboard Posts