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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
Post by digger69on Jan 24, 2019 1:17pm
97 Views
Post# 29276499

Next Financials Will Set BioMed A Part From The Rest

Next Financials Will Set BioMed A Part From The RestThis quarter ends Jan 31. This will be the first quarter to show full recreational sales.

If recent filings have shown us anything, it is that BioMed is very punctual and filing well ahead of due dates. 

Recent filings have also shown the demand for BioMeds products and how they are the lowest cost per gram producer out of any LP and can sell top quality products for less than half of competitors.

They have also demonstrated how their business strategy is paying off bigtime with cash purchases of strata lots and keeping very low overhead to gain higher profit margins and keeping low cost high quality products. 

We have seen BioMed consistently hold top sales in British Columbia, and have also added Saskatoon retailer to the list of recreational sales. 

We have also seen the medical sales take off and consistently sell out and concurrently resupplied within days of depletion demonstrating their ability to keep up with current product demand.

These next financial statements will be the ones to set THC BioMed a part from the rest and will be the catalyst to fire tgis up towards new highs IMO
Bullboard Posts