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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 blueboyon Apr 05, 2019 2:45pm
52 Views
Post# 29589234

RE:Why?

RE:Why?
Very disappointing to see an insider selling so many shares in such a short period of time, especially since THC's average daily volume isn't all that high these days.  Sure, I get that people want to cash out some cash, but selling so much in such a short time period at these low prices just makes no sense.  It actually would have been MUCH better (although still very annoying) if she had of just put her million shares in a block for sale at 0.37 or so - at least the share price wouldn't have tanked.  This is absolutely shareholder abuse by an inside, to serve themselves, and it definitely leaves a bad taste in the mouth...

Hopefully she is done selling shares soon, so this stupidity can end.

BB
Bullboard Posts