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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 digger69on Dec 01, 2017 8:23am
83 Views
Post# 27070440

Potential Canadian Market

Potential Canadian Market I posted these stats the other day I got from Stats Canada on the potential market we will see here. With THC being one of the only Licensed to sell plants and the only to ship clones..one has to ask what their true value is. It also marks them as a huge take out target IMO. 

According to Stats Canada we have approx 36.7 million people in Canada. 

Of that there are approx. 29 million people over the age of 19 years old. 

Of that 29 million, approx. 6 million are over the age of 65.

For argument sake, take away the 65+. 

That leaves approx 23 million people between the age of 19 - 65. One can only imagine how many of the 23 million will purchase dried bud, oils and plants.

How many plan to grow the 4 plant limit?  How many will not bother with seedlings? Where will they purchase clones?  Seems like an easy answer for me!

This will be a huge market no matter which company it is...so long as they have the sales licenses in hand come July 2, 2018 when the markets open up after Canada Day!

Bullboard Posts