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 > some observations

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Post by luther30on Mar 10, 2019 12:04pm

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Post# 29466182

some observations

They put out a PR that they would begin a human trial back in November but didn't actually start until end of February which is the first red flag i am seeing.

Also why are they giving suspect loans for 1M when they are cash strapped as it is.

Their burn rate is horrible and looks like they only have left some investments I'm guessing will be turned to cash and burned quickly too.

Is there a light at the end of the tunnel with this company or is the pump and dump done and gone forever?

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