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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 Snake214on Apr 24, 2018 9:00am
109 Views
Post# 27930926

RE:The Sale of Shares - Need Capital for expansion

RE:The Sale of Shares - Need Capital for expansionif you really stop to think about it objectively...These guys are probably the most shreholder friendly of any MJ play out there.....last year sold thier own shares to loan to buy clone shipper.

Even as far as alumina goes....they've raised only what they have needed and diluted the float very little while setting themselves up for the future.  Lets look at exec comp....john and his wife....drew i beleive $62,500 a piece last year in total cash....

Now lets look at this tranasction at a small discount to market its a still a $5M+ injection of cash and as poointed out a new sharholder obviously sold on the future of THC. We already know that THC can make a dollar go pretty far

i know these bashers will say that they are trying to siphon the money off the table.....if you really think that these guys are in it for a few mill....iwith the size of the





Bullboard Posts