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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 blueridge123on Jul 01, 2018 7:19am
151 Views
Post# 28256852

A close family member gets 250000 stock options????????

A close family member gets 250000 stock options????????
p28 financial statements April 30 2018
"A close family member of the CEO works full-time in the office
in Kelowna. This close family
member is paid an hourly wage of $22. This family member was g
ranted 250,000 stock options that
vest over 12 months with an exercise price of $0.385 with a tot
al fair value of $59,853 and a fair
value of vested options a
t April 30, 2018 of $56,328."

wonder how much those stock options would bring on the open market?????.....is there a mistake in what is called a fair value????..wonder if any of the pumpers can put some hoggywash spin on this????

Bullboard Posts