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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 Apr 13, 2017 1:54pm
93 Views
Post# 26119317

RE:Can someone tell me....

RE:Can someone tell me....They switched gears last year once ACMPR was announced allowing home grow for patients. The facility they originally had built for dried and extracts ended up being used for clones and mother plants. Reports from THC have indicated that they had to increase staffing to keep up with demand for clones, so it didn't leave much room initially for dried / oils. Although they are currently expanding their facility to 16,000 sq ft to start building their inventory of dried / oils.

Tyddel wrote: Why THC with its licensce to grow and sell dried marijuana and extracts they are not? Is it a facility issue or do they not see a need? Propably already been asked a thousand times but im new to THC and cant wrap my head around it. Thanks in advance. Ty


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