Indigenous Bloom Hemp Corp VRTHF

Cannabis

Indigenous Bloom Hemp Corporation is a Canada-based company, which produce and sell hemp extracts. The Company operates a large scale industrial hemp farm in southern Manitoba on approximately 200 acres of zoned farmland. The primary business of the Company is the sale of hemp biomass and flower (Hemp), Phyto cannabinoid rich (PCR) extracts derived from hemp biomass (Hemp Extracts). The Company is in the process of developing, through acquisition and construction, Hemp Products for general consumer end-use. It has two primary products which it plans to sell and is in the process of expanding its product line. The Company’s primary product to date is Hemp Biomass, which is sold pre-processed to customers and partners who process the biomass into Hemp Extracts. The Company has cultivated approximately 100,000 kilograms of Hemp Biomass.

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Indigenous Bloom Hemp Corp > Legal proceedings against LIHT cannabis for outstanding loan

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Comment by Extallioneson Mar 05, 2019 11:05pm

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RE:RE:Legal proceedings against LIHT cannabis for outstanding loan

Who said it's not mortgage backed and the legal proceedings aren't a foreclosure forcing them to sell their assets? Having security doesn't mean you can simply go and start seizing assets whenever you like. You still need to get a court order.

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