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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 RamboIsMIAon Jun 21, 2019 4:00pm
35 Views
Post# 29850904

RE:Know When to Hold 'Em, Know When to Fold 'Em

RE:Know When to Hold 'Em, Know When to Fold 'EmWhy do you think they are going bankrupt? They never hinted at that and keep saying they are at or close to profit. Just because the SP has fallen doesnt mean the company isnt financially strong. We will get an idea within a week or so of balance sheet. But revenue will likely suck since they just started providing consistent supply last couple months. That deal they did with BC may have provided some major upfront cash.
Bullboard Posts