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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 thamthamon Aug 24, 2018 12:15pm
74 Views
Post# 28512801

RE:No Institutional Following

RE:No Institutional Following
You want them following, you gotta cut deals with them. It's obvious JM wants to do this alone, at least for now.

My parents did business in Asia for decades and I spent a dozen years there so I'm not really surprised with the lack of IR/PR or transparency or whatever you call it, if he really does it the Asian way as I call it. I know it's frustrating for sure when you see many releasing news of any kind to try to get the market share but he already said at the beginning I believe that the share price will get to where he wants in the future without pumping.

I don't have issue with all these but I gotta say he needs to keep all the options open, not just try to go up against the big boys alone. When opportunity comes and some with big money shows interest, do it. Canopy was in free-fall mode even with FI backings before Constellation stepped in. And slowly bleeding until Constellation put more money in again.

I'm a traditional O&G investor so even short-term ones, we're talking years. So good luck to JM and the team. Ambitious without JV but I like the executions so far. Got the goods, they will come. That's what my mom always said to me.
Bullboard Posts