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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
Post by RamboIsMIAon Jun 12, 2019 5:40pm
27 Views
Post# 29820073

Hope its worth the risk bashers (investopedia)

Hope its worth the risk bashers (investopedia)Stock Basher REVIEWED BY WILL KENTON Updated Jun 25, 2018 What is a Stock Basher A Stock Basher is a person engaging in an illegal type of market manipulation to make the price of an asset fall. Stock bashers rely on misinformation campaigns to decrease confidence in a stock, leading to an undervaluation of that stock. BREAKING DOWN Stock Basher Stock Basher refers to a person who spreads false or exaggerated claims against a public company in attempt to devalue a stock. The purpose of stock bashing is usually to drive down the price of a stock so that the stock basher, or the bashers employer, may purchase the stock at a lower price than it would otherwise be worth. Bashers create misinformation campaigns, often claiming to have inside information on specific stocks or making hyperbolic claims about future performance of a stock. Stock bashers tend to target stocks of smaller companies rather than widely-held stocks because the markets are more easily manipulated. In most cases, the stock basher will directly benefit by spreading highly negative rumors, hoping that investors will believe the false claims and sell off stock before it fails, and allow the basher and their backers to purchase the stock and reap greater gains. While this seems to be the primary motivation for most stock bashing, some analysts also speculate that some bashers are simply former employees or stakeholders in a company pursuing revenge.
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