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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 bmowis77on Feb 28, 2019 12:59pm
50 Views
Post# 29423835

RE:So fat i estimate 57 million dollars sales annually .jmo..

RE:So fat i estimate 57 million dollars sales annually .jmo..

Just your opinion, hotstock$?  Why do you set yourself up for disappointment like this? Just to look foolish, or to give gocanucksgo more ammunition?

You are not paying attention. You're conjuring numbers based on pure speculation and unfounded assumptions.  This 'two-floor' thing you keep bringing up...do you have any proof that they're even doing this?

Their biggest customer right now appears to be BC.  Folks here have been keeping a pretty good eye on their inventory.

No shipments to Ontario yet, as far as we know.  No East Coast presence.  Maybe doing 20% of their BC buisiness in Skatch, but that again is baseless speculation.

If this company is able to pull off $1.5 Million this quarter, that'll be doubling my expectations and would be something to be excited about.  Breaking $10 million by EOY would be...well, huge.

Conservatively, I expect the company to do ~$800K this past quarter - that's about 250% improvement from Q3, which is real given the new rec market introduced since then.  From there, I'm not sure how you get to $57 million?

 

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