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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 Greencashon Jun 05, 2020 9:02am
128 Views
Post# 31115459

https://mugglehead.com/thc-biomed-brings-true-smoking-altern

https://mugglehead.com/thc-biomed-brings-true-smoking-altern

https://mugglehead.com/thc-biomed-brings-true-smoking-alternative-beverage-shot-to-market/
British Columbia-based producer THC BioMed Intl, Ltd. (CSE: THC) is shipping its first orders of a new ready-to-drink THC beverage shot.

The company said its first shipment of THC KISS went out to recreational stores in B.C. on Thursday.

THC BioMed says it’s also filled a second order for its Saskatchewan distributor, and is in negotiations with Alberta to sell the drinkable cannabis shots there.

Company stock was up 15 per cent on the day to $0.155 on the Canadian Securities Exchange.

The company claims that its THC KISS offers a different experience compared to edibles and beverages currently available in the legal or grey markets.

Read more: Valens first to launch cannabis drinks in Ontario

Read more: Canopy launches its first THC-infused drink nationwide

According to THC BioMed, its beverage shot is intended to be an alternative to smoking weed and was developed by the company using proprietary extraction methods.

CEO John Miller said in the statement that his company continues to get positive feedback from consumers, with repeat orders per client increasing “substantially.”

“We are proud to bring Canadians a true alternative to smoking cannabis,” he said.

Each 30ml bottle of THC KISS contains 10 mg of THC, and currently sells for $4.20 to medical patients on the company’s website.

THC BioMed also produces cigarette-style cannabis stick pre-rolls with biodegradable filters, and has a patent pending hardware solution for shipping clones to consumers.


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