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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 Gonzoruleon Jan 21, 2020 10:29am
102 Views
Post# 30577449

The Sausage Effect

The Sausage Effect

I'm still digesting this document (management circular Jan 15/2020) but it has left me with a distinct impression that may be worth further consideration. 


This is a large agenda, which spans the course of three financial years. I'm curious as to why now - they have decided to consolidate all these outstanding matters in "one fell swoop"? An agenda replete with a list of just about every grievance and criticism discussed on this board, that also seeks to remedy procedural shortcomings and achieve compliance (I would imagine).

In the words of walterthedog, here's where I put on my tinfoil hat...
I liken the process to making sausage. For those familiar, sausage is made up of a variety of cuts of meat(s), - bits of fat, trimmings, off cuts, and according to a chef friend of mine - anything else that needs to be used up! The components are stuffed in to a grinder, processed, and out comes a clean convenient shapely tube...easier to work with, visually more appealing and just like that - disorder turns dressy.

Is there an unknown catalyst compelling them to 'put it all out there' at this meeting? I don't know...
But I do know that if you were looking to sell - your books would need to be in order, and the company would need to be compliant and in good standing. 


Clean up the loose ends, tart up the image, slap a little lipstick on the pig and put it out to market. Who can resist the lure of (high quality, niche, artisanal) sausage - if you're a buyer looking to get fat in this market?

Could it be they have a buyer lining up? I'd sure be topping up my coffers with cheap shares if I thought a deal was imminent...


 https://www.sedar.com/GetFile.do?lang=EN&docClass=10&issuerNo=00005612&issuerType=03&projectNo=03008779&docId=4653619



 

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