Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Apr 12, 2017 2:28am
165 Views
Post# 26110893

People wondering why they switched to clones

People wondering why they switched to clonesOriginally they were going to sell dried, but that all changed the moment MMPR was amended to ACMPR by Health Canada in August, which allowed for home grow. They immediately saw an opportunity to corner a piece of the market that was looked over by most other LPs. Even going as far as buying the Clone Shipper container company, which other LPs use as well. The grow rooms they had originally set aside for growing dried, would now be used for clones. This is why we're waiting for their first expansion before they can start selling dried. It will be 16,000 sq ft and more than enough to meet current medical demand. Of course John Miller in an interview said they planned on expanding much further to meet the demands of rec and they successfully made it this far, so I'm sure they will.

Once they grow enough inventory, this is what we have to look forward to:
User image
Bullboard Posts