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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

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Post by Greencashon Feb 22, 2018 8:45am
233 Views
Post# 27600338

THC Biomed receives GMP certification for pot

THC Biomed receives GMP certification for potTHC Biomed receives GMP certification for pot 2018-02-22 08:00 ET - News Release Mr. John Miller reports THC RECEIVES GOOD MANUFACTURING PRACTICE ("GMP") CERTIFICATION THC BioMed Intl Ltd. has received good manufacturing practice (GMP) certification for the production of marijuana plants and dried marijuana. THC has been assessed and meets the requirements of GOOD MANUFACTURING PRACTICE under the Codex Alimentarius Commission, Recommended International Code of Practices, General Principles of Food Hygiene, CAC/RCP 1-1969, Rev. 4 (2003) for the production of Marijuana Plants, dried Marijuana (Propagation, Growing, Harvesting, Drying, Curing and Packaging). "This certification is significant. It recognizes our high standards and now paves the way for THC BioMed International to export its products into international markets. We are excited to begin the process of exporting our products to Europe and other markets," said John Miller, President and CEO of THC, "We have begun the process of strengthening our international presence. The international cannabis market displays strong signs of growth and signals indicate a strong demand for high-grade cannabis products internationally." "Our expansion in anticipation of the recreational cannabis market is on target and we expect to introduce an additional 10 cannabis production rooms within the next few weeks," said Mr. Miller. About THC THC is an ACMPR Licensed Producer and Canada's largest supplier of legal Cannabis Genetics. THC is on the leading edge of scientific research and the development of products and services related to the medical cannabis industry. Management believes THC is well-positioned to be in the forefront of this rapidly growing industry.
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