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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 Jul 29, 2019 12:32pm
37 Views
Post# 29971010

Calm down

Calm downThe way I look at it is this: if there was no stock attached to this business would I be happy with how the business is performing. Ignore the SP for a moment and evaluate the company you invest in: Disadvantages: low revenue compared to industry peers, high interest on debt, inconsistency in completing announced projects. Advantages: extremely efficient and low operating costs, explosive growth with true potential yet to be realized, unique products in development that could shake up the market, perception of very good standing with health canada, insider buying recently, investing into valuable real estate, low debt, and close to operational profit. When you seperate the foolishness from whats going on with the actual business then you get a better picture of what your investment should be worth!
Bullboard Posts