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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 LongDollarson Jan 13, 2019 11:56pm
89 Views
Post# 29226321

RE:RE:RE:RE:Hotstock

RE:RE:RE:RE:Hotstock
they definatley will not be the only supplier able to sell clones. But while reading all this banter back and forth I'm suprised nobody has mentioned that CloneShipper would be a very successful business all by itself. If THC does receive the exclusive patent there is no reason why they shouldn't license it on a term basis to other suppliers. At the end of the day it's just one more stream of revenue. If they can mass produce clone shipper their margins would be much more profitable than selling marijuana to honest. Not saying that I want to see that happen but if awarded the patent in north america alone and licensing it to other is worth a small fortune in itself.
Bullboard Posts