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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 13, 2020 12:22pm
178 Views
Post# 31403770

RE:RE:RE:RE:RE:RE:RE:RE:RE:Significant insider holdings

RE:RE:RE:RE:RE:RE:RE:RE:RE:Significant insider holdings Thats just it. The no mentioning of it when guaranteed they are getting many concerned questions from shareholders, and then the pic taken off their website. This is exactly how a bunch of their initiatives ended. I'm fully expecting an NR months from now stating that, "we've decided that the margins for KISS and declining prices of dried bud led us to abandon the sticks in favor of using our stock for KISS" or something similar. Which is 100% horse manure as anyone can see that there is no way we can sell even a fraction of our stored product in the form of KISS. And judging by how long it takes to sell 600 bottles on the BC cannabis store, I'm assuming KISS isn't selling like Miller would have hoped. Sorry to be a bummer but I've seen this kind of crqp enough times to see the writing on the wall. My guess is that there are unforeseen difficulties with production and that packaging is just a desperate excuse to keep curious shareholders at bay while they figure out a way to let us down easy. It's not the end of the world but this is how I see it going down and I'm calling it like i see it. If this weren't the case, surely they could have spared a sentence in the monthly to update us on sticks status like they did a few months before. The sticks wouldn't matter to me if I thought KISS was going to really grow our revs but thats a huge unknown. Anyways I really hope I'm wrong but I guess we'll see
Bullboard Posts