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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 DanielBoone733on Aug 11, 2017 1:18am
106 Views
Post# 26569591

RE:News $$$$$$$$$$

RE:News $$$$$$$$$$This is very promising news. Having access to 22 million will allow for some serious expansion. I don't know why they are so reluctant to use this money they have access to!  I mean, we have seen their financials. Even if they go up by ten times they won't be able to finance any sort of expansion. 

These guys are are obviously smarter than I am, but doesn't anyone agree that expansion NOW, prior to legalization would be the best way to take advantage of this "fast moving industry" ?

Hopefully the market likes this news tomorrow. It didn't seem to help much when the 10 million was announced. 

Dano
Bullboard Posts