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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 Sep 18, 2019 10:38am
44 Views
Post# 30139614

Is this realistic? Honest feedback welcome

Is this realistic? Honest feedback welcomeLets say when this gets rolling they are able to lock down some packaging agreements with major producers who want to become profitable. Ok so they run at half max capacity. That is 2500 sticks per minute. They run for 10 hours do to servicing, downtime, and lack of demand or supply. Thats 1.5 million per day. Lets say they run a humble 250 days per year. That is 375,000,000. That is 10 smokes per year per canadian. If they really have this market cornered due to technological advances then who knows maybe demand will meet that. Now lets say they negotiate 50 cents per . That may be 200 million per year of revenue (more or less). They currently have operating expenses under $2 million per year. Who knows maybe pie in the sky estimate but even if its wayyy lower thats still alot of profit??? Thoughts
Bullboard Posts