Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Walterthedogon Jul 17, 2020 1:44pm
72 Views
Post# 31282190

RE:THC KISS only 40 left B.C. site

RE:THC KISS only 40 left B.C. siteJust a note for all investors who bought in much higher and are rightly butt hurt at the share price. We bought too high basing our purchase on hopes and dreams trading in a highly inflated sector bubble and thats no ones fault but our own. I look at all the companies that started this green rush and so many that we could have chosen instead of THC and who had market caps in the hundreds of millions for no reason except FOMO, are now ashes and dust. Or they have completely untenable business plans that assume they can stay in the game long enough to eventually produce profit, and thats a very risky assumption. ISOL, ACG, HVT, GENE, AFI, EVE, SNN, ASNT, and so many others. Other mid sized players like WMD, which i thought by now would be 4$, are trading well below the price of their assets, because the numbers they are producing simply cant justify the risk. THC biomed however is trading at almost double our asset value because we are actually breaking even (or very close to) just selling bud in an extremely challenging environment. We are doing this because of excellent fiscal management and because JM is hyper aware of reality and tests a market before committing resources to major production. Moving forward we have a drink that should capture at least a small portion of the rapidly growing, high margin drink sector and the sticks with filters that no one else has tried, which will certainly get people talking and differentiate our product amongst the throngs of producers hoping to capture market share which are both very exciting and forward looking moves. It takes a shrewd mind to make it in this game and although my break even is .23$, I'm confident we will get there and beyond by years end. And when we do start making enough money to support expansion and these products gain traction, who knows what this company could be worth? Just sayin, it could be much worse even if your chips are down, there is hope left
Bullboard Posts