Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Mar 31, 2019 3:01pm
69 Views
Post# 29561056

RE:RE:RE:RE:RE:RE:Return On Assets

RE:RE:RE:RE:RE:RE:Return On Assets
Chunk6915 wrote: I've smoked both, and I do belive that I can compare the two.  I was forced to take Canopy Growth when I got my first prescription and I have never seen such poor quality cannabis before or after.  What they are selling is not at all what I expect.  At least THC Biomed sells something that had been dried - from what I can tell - without ovens.

THC Biomed > Canopy Growth Corp. - Regardless of market cap.  Expensive garbage is still garbage.
ShowMeTheHoney wrote: Lol, while I appreciate your analogy, drain cleaner or not, you cant compare the teo. Also...anything acidic makes a good drain cleaner, so in theory...lemons.
Chunk6915 wrote: Exactly my point - Lemonade does not make an excellent drain cleaner.
ShowMeTheHoney wrote: **THC Biomed**
ShowMeTheHoney wrote: I dont think you can compare THC to Canopy on any level. The largest, highest valued, most recognizable cannabis company in the world VS TahC biomed. That's like comparing a lemonade stand to Coca-Cola.
Chunk6915 wrote: I compared THC to Canopy Growth, and I saw 2.5x more return when comparing revenue to assets.  The market cap has a similar ratio, this stock is just not as overbought as much of the sector is.

If anyone wants to compare our financials to some other companies, I'll bet that we are set to be operating competatively after the expansion reaches a more functional phase.

 

 

 






it doesn't matter what their product is like. Whether it is garbage or not they established a brand and customer loyalty to that said brand. The worst car I've ever owned was a jaguar and you you said it perfectly - it was expensive garbage. But, it still sells based on perception of the consumer.
Bullboard Posts