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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 Brootalon Jun 04, 2018 5:25pm
90 Views
Post# 28122630

RE:RE:Catching Up - Been Golfing All Day

RE:RE:Catching Up - Been Golfing All DayBeen holding similar length of time to you guys, bought in around .10 in 2016, 70,000 shares.  I too am extremely disappointed with just about everything. I thought by now we would one of the top LPs with +1M sqft of grow space and deals out the ying yang. The only reason I havent sold is because I promised myself I would hold the first weedstocks I bought forever because thats how real longs do it.  We've all been through hell and back with this stock a few times and quite frankly it has turned me into a robot void of emotion...thanks for that? Who knows what will happen and perhaps JM will pull something out of his hat that we wernt expecting (which has happened a few times now, but WHERE IS THE EXECUTION, I SAY).  Perhaps there will be a bunch of companies that go bust because of how aggressive they expanded and we are just fine because of JM's conservative approach. It's impossible to tell how the greater economic landscape will impact this sector... what if interest rates spike? Perhaps we are better positioned to weather storms over the long run. I remember seeing a quote in a NR about dividends down the line... that would be swell but how are we getting there? If I was JM I would be very worried about people showing up at his house asking what the hell is going on.  It sure would keep me up at night with a baseball bat knowing there are thousands of angry people out there with millions on the line. This style of management is just not meant for public companies and will have to change is short order if this baby is going to fly.
Bullboard Posts