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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 digger69on Feb 10, 2018 8:52pm
206 Views
Post# 27539966

RE:RE:RE:RE:swings of SP

RE:RE:RE:RE:swings of SPTHC is now considered in the market as a Tier 2 producer and is finally trading as such. If one pays close attention to the sector as a whole you will see that the Tier 1’s all move together (for the most part) and if one was to overlap the charts you would not be able to differentiate between them because they’re all almost identical in pattern. That being said, the Tier 2’s seem to lag just moments to minutes behind their movement. 

I think Friday just before close, THC was following suit to this but then someone holding who had to sell for whatever reason dumped in the final moment before market close knocking down the SP.  Come Monday at market open we’ll make up for that and much more IMO. 

Whoever is playing the as Droid describes will soon be caught up on the outs and will end up chasing which will only add to the momentum. 

This could really blow wide open as the Canadian pot sector is starting to become a safe haven for North American investors, particularly now with American markets tanking and the TSX becoming shaky. 
Bullboard Posts