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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
Post by 100million4meon May 30, 2018 11:11pm
61 Views
Post# 28103186

Hmmmm...

Hmmmm...I am long THC. Is it possible that Lesotho investment is strategic to reduce grow costs? I have not been following details, but I just read somewhere that some think WEED, APH, FIRE who are also buying into Lesotho, might be realizing it allows them to keep costs as low as possible to stay competitive? Could this be why they are not building greenhouse?

On the other hand, are these companies allowed to import weed/oil for sale into Canada?
I need to catch up on my reading! GLTA 
Bullboard Posts