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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 zenith9on Jan 09, 2018 12:40am
108 Views
Post# 27310755

RE:I am still scratching my head even I am long

RE:I am still scratching my head even I am longI think the biggest factor is that it isn't listed on the TSX. That should be a priority for management right now. The other companies are being bought up by the big funds which seems to explain the price hikes.

suncapital wrote: Even factoring in the shorts and bashers, poor PR/IR etc, in my 30 plus years of investing, this stock is most interesting and frankly one of the most perplexing ones I have seen to date. Now with over 6 million volume, it does not make sense as to why it is down nearly 14% where the entire market is up. The only explanation is the profit taking period for the day traders, but even with that argument, should be trading minimum at $3, and should be following ACB and others with full licenses and plant production companies, but it is not. We should see more positive revenue and earnings in the next financials which puts THC better than 90% of the stocks in MJ sector. That argument alone is $7.50+ (3X) and potential $10 (4X). We are part of the 24 MJ index stock portfolio and only one thats dipping for the last three days. This was the history of THC for 2017, but this was when we were literally a penny stock. Things are different now, and yet, I see the same pattern. Why arent others seeing what I am and other longs seeing in this stock which is an outstanding company with good management, and a lot of potential? Go figure Welcome your thoughts. If I am a MJ sector investor, how can THC be traded at the current price?


Bullboard Posts