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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
Post by fringelifeon Sep 21, 2017 3:12pm
89 Views
Post# 26727346

THC Biomed has every angle covered

THC Biomed has every angle coveredOnce illegal sources start to go away, the black market might turn to legal sources for their starter materials. THC Biomed has that covered. If homegrows take off, that takes away from the profits in this sector, while THC still profits regardless. Also, without homegrow, they still have a good chance of striking deals with new companies to supply them with starter materials too. That means what is a new competition to other companies, is a new opportunity for THC Biomed. Not saying they will get all the supply deals, but they are positioning themselves to be one of the best equipped to provide it.

This is why I like this company. They didn't enter the sector trying to compete in a saturated market, they entered competing where there wasn't much competition to begin with. Now that they have that covered, they moved on to the saturated part, already having created a buzz in the cannabis community with their new Landrace strain "THC Indica".
Bullboard Posts