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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
Comment by Walterthedogon Aug 07, 2020 2:08pm
108 Views
Post# 31380191

RE:RE:RE:A friend who works in a pot store . . .

RE:RE:RE:A friend who works in a pot store . . .Ya it never ends with the waiting and hoping. Ill give credit where its due to Miller and his crew for making a go of it and breaking even with their small amount of sales but this company just doesn't have the hustle to make big gains. Dried sales will decline due to increased competition and KISS will make up for that but I don't see it becoming the number one beverage as its currently sitting almost dead last on the BC cannabis store behind bags of f1cking tea for f1cks sake. its just one product that gets you high in Canada amongst hundreds and our population just doesn't provide a huge market. If the sticks ever happen, they will definitely boost sales but cannabis in general is just a failed experiment in a business sense. I hate to be a downer but I dont have a lifetime to see how this plays out. Revenue may not reach 2M$ per quarter by Q1 2021 as I'd hoped and for me, that would be the minimum amount of growth I need to see to stay invested. If we reach .24$ before then, I'll consider myself lucky to escape in one piece. Maybe THC will prove me wrong in the long term and I sincerely hope so for the longs but continual dissapointment wears a guy out and this stick garbage is kind of the nail in the coffin for me. Sorry for the novel. Peace out
Bullboard Posts