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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 NewDonaldKnowson Jan 07, 2018 9:57pm
189 Views
Post# 27302849

RE:THC "All Canadian" Wins Again - Read This !!

RE:THC "All Canadian" Wins Again - Read This !!THC BIOMED ALL CANADIAN ORGANIC MARIJUANA.
SAFEST PLACE TO INVEST YOUR CANADIAN MARIJUANA INVESTMENT.

droidmeister wrote:

That's right - it might be all BS for people who actually understand this stuff, but for many others, they might dump shares of the company on the list below tomorrow morning and be looking for a safer company with no US exposure. And guess what?? THC isn't on the list - all-Canadian, all-good, let the good times roll. Read on:

TORONTO — A small Canadian stock exchange said on Friday it has asked marijuana companies to provide details on risks they face from any U.S. operations in the wake of a Trump administration move to boost enforcement of anti-cannabis laws.

The U.S. Justice Department on Thursday rescinded an Obama-era policy that had eased enforcement of federal marijuana laws in states that have legalized the drug, instead giving federal prosecutors wide latitude on pursuing criminal charges.

"In light of yesterday's announcement there are certainly some disclosure issues that companies should address," Canadian Securities Exchange Chief Executive Richard Carleton told Reuters via telephone.

The exchange has contacted 17 cannabis companies with U.S. exposure whose shares it lists, asking for public statements on how the policy announced by U.S. Attorney General Jeff Sessions could impact their businesses, Carleton said.

Those companies include CannaRoyalty Corp (CRZ.CD) and Liberty Health Sciences Inc (LHS.CD), he said.

The move follows an October notice from Canadian securities regulators that U.S.-linked marijuana companies must clearly warn investors about the risks, given the federal ban on marijuana production and sales.

Dozens of marijuana companies have gone public over the past few years in Canada, helping them finance expansion in the existing medical cannabis market and prepare to enter the nation's recreational market, which is slated to open up in mid 2018.

Marijuana stocks have posted strong gains over the past year, making the group one of the hottest sectors in the Canadian stock market.

CannaRoyalty was one of the first CSE-listed firms to comment on the impact of the new U.S. policy.

"We do not foresee the memorandum meaningfully impacting the way that existing cannabis business is conducted within legal states," CannaRoyalty CEO Marc Lustig said in a statement.

Carleton said he expects all firms to respond within days.

The others are: Alternate Health Corp (AHG.CD), MPX Bioceutical Corp (MPX.CD), Nutritional High International Inc (EAT.CD), Golden Leaf Holdings Ltd (GLH.CD), iAnthus Capital Holdings Inc (IAN.CD), Marapharm Ventures Inc (MDM.CD), Friday Night Inc (TGIF.CD), Vodis Pharmaceuticals Inc (VP.CD), International Cannabrands Inc (JUJUa.CD), CannTrust Holdings Inc (TRST.CD), NanoSphere Health Sciences Inc (NSHS.CD), Body and Mind Inc (BAMM.CD), High Hampton Holdings Corp (HC.CD), Wildflower Marijuana Inc (SUN.CD), and Tinley Beverage Company Inc (TNY.CD).

Some 60 marijuana companies have listed on the CSE, choosing it over TMX Group Ltd's (X.TO 0.01%) larger Toronto Stock Exchange. TMX said in October that it might delist pot stocks with U.S. ties.

TMX told Reuters via email on Thursday that its guidance on the matter from October stands.




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