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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 thamthamon Sep 28, 2018 9:21pm
93 Views
Post# 28713374

JM, who do you think you are!?

JM, who do you think you are!?
You're just CEO of THC Biomed, not of those big companies so stop giving out options like mad!

Okay, not just JM but his employees are elusive also! I checked some of the ones that had options last time also and couldn't find much. Only found one on LinkedIn being Mohammad Belal Hossain. Got Master in Microbiology. Job experience looked impressive. There's one which I think it's her, unless there's another Lorencia Heryadi in Kelowna. I don't know what her job at THC is but she's active on Instagram. She would definitely can do it if JM really wanted to promote THC on social media. Duh.

On a serious note, I know some don't like giving out that much options to employees, afraid that they'll sell right away once able to and that is legitimate concern. But if build the business properly and treat employees the right way, don't have to worry for a long time. The employees will treat that like their retirement investment. In my office, almost all were with the company from the beginning. When it turned around for the company and started trading on the exchange, they got options in the teens. By the time the SP went to 3 bucks, many got hundreds and hundreds of thousands of shares and didn't even sell a share. My philosophy is don't need many employees, just need few good ones. If they're good employees, it's a good move. I rather the shares be in the hands of the employees and also serve as a reward than to do PP's and have the shares in those hands.
Bullboard Posts