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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 digger69on Oct 28, 2018 11:54am
31 Views
Post# 28884151

RE:RE:RE:RE:RE:Winner of contest by a mile is THC Biomed over supreme

RE:RE:RE:RE:RE:Winner of contest by a mile is THC Biomed over supremeThanks Chunk, I try to do my DD on the sector as a whole and make informed unemotional decisions. Those LP’s that grew too fast and overextended themselves financially will see a huge crunch coming very soon when their products continue to sit and won’t sell even at competitive prices(ei selling at a loss) because simply their products are garbage. 

Those LP’s that have smart business models, paid for stuff in cash and have low floats & next to debt free will not only survive but thrive in this market where quality will win over quantity. Remember, Canada is full of weed smokers who all want top shelf buds. 


Chunk6915 wrote: It sounds like you know something about this company, great breakdown digger69!  I love the fact that this company isn't overexpanding, much less risk long term when the small growers begin to take over.  Canopy will fail in the long term.


Bullboard Posts