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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 TheGamerson Oct 18, 2017 12:17pm
150 Views
Post# 26826700

RE:RE:RE:Heavily shorted due for a short squeeze soon

RE:RE:RE:Heavily shorted due for a short squeeze soonActually bought another 50% worth of shares yesterday on just this thought alone. 
1. We should be seeing finacials soon. Sales have been reported as good for dried and starting materials stating their 16k sq.ft facility was producing sufficient for demand. We should also see some form of revenue from Clone Shipper itself as well. EPS amounts are unknown but we could lean to a small postive hopefully reading into some of their statements.
2. We should get confirmation on some concrete information of thei expansion plans as some were scheduled to be completing mid October and they hinted at the largest being ready for the Rec. Market. How the largest green house will play out now with WEED.TSX' pepper green house proposed purchase will be interesting.
3. We should get confirmation of an Oil Licenses soon. THC biomed has a great track record of fufilling their promises albeit with questionable PR for investors, but it must be noted they always wait till the deals are finazlized and concerns have been dealt with before releasing the news. 
4. THC has begun drawing down on their credit options around the time we are epxecting news that would require cash deposits and porchases. While in no way concrete proof of points 1 to 3, you can at least argue that they are in the process of finazling deals and possible begginning new ones.

Question though, while I did mention AFI a bit back and got chewed out for questionable reasons. Now that it's being discussed did any notice some wording from the AFI CEO's tweet. It didn't say their shipment was canacelled but merely delayed. Any thoughts on the original deal not being dead but merely waiting for these facilities we're waitig for information on?
Bullboard Posts