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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 ezemoneyon Nov 30, 2018 1:44pm
121 Views
Post# 29046410

RE:THC's FINANCIAL REPORT

RE:THC's FINANCIAL REPORT Vinney I have been trained in reading these reports.  A quick summary:

Of all the junior MJ's I have combed through this week, this is the best one I have gone through of the bunch.
I say this because the others are just horrible.
Loss $12 mill, less than most.
2.5X CA over CD.  So they are liquid, better than most.
Shares Out 112M, better than most
NAV .10c, shares trading 4X but revenue coming in and will increasing so not bad.
I haven't gone through the notes etc. just not enough time.



Bullboard Posts