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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 wheelingiton Oct 10, 2018 3:32pm
45 Views
Post# 28775787

RE:At this point

RE:At this point

You have to keep in mind, with any supply chain missteps or grow/growth issues in other LPs.. alot of them will be in a situation of cash burn with little revenues and/or cashflows. THC is certainly  more conservative and would not be under hardship if there are an industry supply chain issues or grow/growth issues. THC is more financially sound than most LPs but the big players i am sure can always come to market for more financing as they already have thus far, it would just be dilutive is all

JMO

Wheels

bucketom wrote: we need consolidation or JV with someone to keep this thing going. It is my thoughts that JM is running this thing like he did when he was the only player and did not adjust the company to the growing and changing industry, and has been left to wallow at the bottom of this new and rapidly advancing industry. I am also disapointed with myself i felt THC had something going when i first started in this sector. Looks like i was wrong. If there is a sector retreat of share prices we are in big trouble as we have not bult a cushon like the others to fall back on.Only time will tell!!

 

Bullboard Posts