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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 carrytheoneon Apr 10, 2019 6:20am
42 Views
Post# 29605427

RE:What's next?

RE:What's next?Exactly. The problem is operating capital. THC will have to do another financing deal but at what cost? How can we prep for 3 more rooms and HQ with only 800K in the bank. And that was JAN 31st... how much is left? Why buy all these units when you were already renting them? Couldn't think of a better use of capital? I would like to see another loan from the Millers to the Company as a good faith gesture before they mortgage all their properties for some obscene interest rate.
Bullboard Posts