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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 2dream4Uon Oct 23, 2018 11:42am
78 Views
Post# 28856446

RE:Losing hope here :(

RE:Losing hope here :(Unfortunately there are plenty of people in your boat. The valuations were astronomical on some of these companies! There is no way that THC was ever worth the market cap it acheived. They would have had to grow about 20x what they were to even come close. This is the end of this run as far as I can tell. People are basicaly just selling and taking their losses now and some people will have lost their life savings. There were warning signs all over the place including the news, financial shows, etc. I'm not sure why people thought these stocks were going to continue to just go up? Anyways, sorry to hear about your losses.
Bullboard Posts