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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 Feb 22, 2019 9:36am
62 Views
Post# 29398808

RE:RE:RE:RE:Hmm more sales.. 💸

RE:RE:RE:RE:Hmm more sales.. 💸
Because they'd lose control of their gravy train. Management has this company and its shareholders by the balls. There won't be a sell or merger here until we are are least 10x market cap. We are peanuts in this industry and although we have good products and what i think it's a decent expansion strategy, being slow and steady, our products must remain top quality and consistent on all levels. If not, deep pockets with large budgets almost always phase out the little guy. Under $50M market cap at this point means absolutely nothing to big players. If our financials disappoint run for the hills.
Bullboard Posts