2018 3rd unit purchased {01038765;1}
THC BIOMED INTL LTD.
P.O. Box 20033 Towne Centre
Kelowna, B.C. V1Y 9H2
www.thcbiomed.com
THC Purchases an Additional Lot in its Current Kelowna Location.
Begins Craft Grow Program.
THC.CSE THCBF - OTC TFHC.F
Vancouver, BC – (June 28, 2018) THC BioMed Intl Ltd. (“THC” or the “Company”) (CSE:THC)
announces that it will purchase an additional strata lot in the industrial complex in Kelowna it
currently occupies and where additional lots were recently purchased on June 12. The purchase is
scheduled to close on June 29, 2018. The additional lot will be used for production purposes. THC
is purchasing this property as part of its expansion plan due to high demand for its products. THC
continues to expand its grow space footprint and hopes to soon conclude the purchase of a green
house in Ontario.
In light of the recent Royal Assent of Bill C-45, THC continues to work vigorously towards securing
supply agreements with various provincial governments.
We intend to meet supply demands for adult use recreational cannabis by working with small craft
growers and giving an opportunity to ordinary Canadians to participate in this emerging market.
THC will work with ordinary Canadians, who would like to be a part of this emerging market .We
believe that the entrepreneurial spirit Canadians have displayed in the past to bring high quality
diverse product to the marketplace as witnessed in the wine and similar industries .THC has already
begun working with entrepreneurial Canadians from diverse backgrounds to establish micro grows
,we are giving them the support and technical know-how on how to successfully cultivate, establish
and run successful cannabis micro grows in accordance with the regulations.
We believe smaller batches of high quality product, produced in a culture setting will be essential in
delivering the experience we expect from our products
The purchase price is $320,000, plus fees and taxes, ustrata lot is for cash and will not require a
mortgage.
About THC
THC's vision is to be on the leading edge of scientific research, development of products and services
related to the medical cannabis industry while creating a standard of excellence. As the industry
develops, it will become more important to focus on scientific research and development of products and
services related to medical cannabis. Management believes THC is well-positioned to be in the forefront
of this rapidly growing industry.
Please visit our website for a more detailed description of our business and services available.
www.thcbiomed.com