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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 fringelifeon Sep 19, 2018 3:24pm
39 Views
Post# 28649741

RE:THC will be the first licensed producer to go bankrupt

RE:THC will be the first licensed producer to go bankruptHow when they hardly borrow / spend any money? This company is either going to be sold or somehow chug along like they always have.

However a better prediction would be that THC Biomed is the only company that doesn't see a rise in SP when weed legalizes. That will be the most likely fail that we will see with this company, but even that's not a sure thing either as you can see how fast the market can turn a dud into a thud.
Bullboard Posts