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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 Dec 02, 2018 4:20pm
35 Views
Post# 29051405

RE:RE:RE:RE:RE:6 strata lot purchases now - grow space?

RE:RE:RE:RE:RE:6 strata lot purchases now - grow space?THC BioMed has a footprint of approximately 30,000 square feet. This has been covered several times recently. 

Shatterman wrote:

I got 19,000 sq ft from the report up to july 21 2018. I also got an average of 100kg per room per annum.

This is gonna spark a 3 day debate lol 

This is gonna spark a 3 day debate lol On December 20, 2017, the Company announced that Health Canada has amended its license to include four additional Grow Rooms. These additional Grow Rooms will allow THC to ramp up production, potentially adding an additional 400 kg in production per annum. These additional Grow Rooms have now gone into production.

June 12, 2018, the Company acquired two additional units to expand their warehouse facilities in Kelowna. The total purchase price of the two units was $666,805 in an arm’s-length transaction. Both units were purchased with cash and will not require a mortgage. These additional units added 2,000 square feet to the Company’s facility. This acquisition increases the Company’s footprint to approximately 18,000 square feet of owned and rented premises.


How many rooms do we have? if we have 30 rooms (30 x 100kg = 3,000,000 grams)  we have enough to fill BC order twice.
  


 

hotstock$ wrote: Read this link.
https://webfiles.thecse.com/sedar_filings/00005612/1811281954383130.pdf
 

 


vinneyquaw2 wrote: Hans i don't see anything you posted in the past regarding the answer to this question. If  i missed something and you know the answer to this question i would appreciate it if you could just answer it or anyone else for that matter. I rememeber discussions on this board last week or the week before regarding the total square footage of THC's grow space. Fact is i don't think anyone has a definitve answer to this question, but at the risk of being proven wrong i will ask again - does anyone know the total square feet of all properties/grow space that THC owns and is in production or will be in production in the near future. I'm talking the 2550 Acland Road property and the newer property at 1340 St. Paul Street.

 




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