THC Biomed Intl Ltd C.THC

Alternate Symbol(s): THCBF

Healthcare Cannabis

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.

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THC Biomed Intl Ltd

Bullboard Posts

Comment by digger69on Oct 30, 2018 10:31pm

33 Views

Post# 28898817

RE:RE:RE:Bottom

Lol ok well tell me you’re not buying then..

droidmeister wrote: Sure, all of the buying that I’m doing, plus wolf continuing to average down, accounts for the massive volume we’re seeing today, 160,000 shares? Not to mention the drop in price. LOL

But leaving that aside, looking over the pot sector, it does seem to me that today the free fall that the pot stocks have been in for the past 2 weeks has maybe slowed down. I’m wondering what impact the US midterm elections might have. I think several more states, including Florida, are biting on legalization. If these initiatives are successful, at some point the federal government in the US is going to have to change their position. The upward explosion we saw in prices in early January was caused by California legalizing recreational. Hopefully we see something similar occur after November 6. Of courses, if those initiatives are defeated, the opposite could happen.

digger69 wrote: I agree we have finally found bottom @ .51. We have been seeing higher lows and higher highs since this point and have tested it quite a few times now. The old resistance of .50 from almost 2 years ago has become the new support line, and support is growing nicely on Lvl2. It’s too bad the charts took over but the bright side is this seems to be a true bottom according to all indicators I use.

The fundamentals of this company continue grow stronger with the high demand of the Landrice strains. IMO they continue to be a take out target with everything they have. I suspect we will see a 4th shipment shortly and much more to everyone’s surprise.

Accumulate folks and don’t be fooled by the Droids and the like..they’re buying up everything they can.