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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 31, 2017 5:31pm
123 Views
Post# 26060880

RE:RE:RE:RE:RE:RE:Good call CannaRockets who said financials released today

RE:RE:RE:RE:RE:RE:Good call CannaRockets who said financials released todayI understand, especially with this company's lack of communication. If this was just any ordinary company waiting on a license or had a license but trying to compete in dried marijuana market with only a few strains, I wouldn't be invested with them right now.

I like the fact that they are unique in that they targetted the starter material market, bought a clone packaging company, they have 29 strains and that they are fully licensed. Also, they are the only bargain LP left. They just need a better marketing team and better communication with shareholders, which is reflected in their SP.

DiligentSon wrote: Its no secret that im a pessimist and skeptic, but Just given the lead up time, hype, and shortage of starting materials, I personally would have liked to see more, even for 8 days..people figured customers would be lining up..and all the sales revenue in the world doesn't matter if your sales costs exceeded your revenue. Though I'm not sure what the $14k in sales costs would have been that allowed it to exceed revenue. Maybe I'm missing something, I did just have a quick peruse and will look more in depth when I get home tonight.


Bullboard Posts