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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 May 05, 2017 5:10pm
48 Views
Post# 26210805

RE:RE:RE:RE:Other licensed producers using cloneshipper

RE:RE:RE:RE:Other licensed producers using cloneshipperDo you really think that 1.5% will hold up, considering that the previous number of patients with production licenses grew 1000% from the previous quarter? Also, there's the selling to LPs factor. All they need is a few LPs who see THC Biomed as a necessary convenience in providing them ready to grow clones and they could see a huge increase in profit margins.

  April 1, 2016 to June 30, 2016 (Q1) July 1, 2016 to September 30, 2016 (Q2) October 1, 2016 to December 31, 2016 (Q3) January 1, 2017 to March 31, 2017 (Q4)
Number of Active Registrations
(as of the last day of the reporting period)
Total N/A 192 2,007  - 
Production for Own Medical Purposes N/A 189 1,899  - 
Production by Designated Person N/A 3 108  - 

DiligentSon wrote: Unless someone can provide proof that cloneshipper is the only federally accepted way to ship, there is no monopoly here my friend. However, I think it's great to see that other companies are using cloneshipper! That being said, I'd like to know what the profit margins are on cloneshipper for THC. 1.5% of medical users is not enough to sustain a clone business even if THC had 100% of the clients.


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