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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

Comment by Walterthedogon Aug 24, 2020 3:51pm
106 Views
Post# 31447242

RE:STICKS ARE IN !!!

RE:STICKS ARE IN !!!Not a peep from the company regarding the sticks in months and now having them available for med patients and still nothing. My gut tells me that the filters are getting gummed up or they burn shitty and the company is looking for feedback from med patients before launching rec. Maybe they are just waiting on packaging for multi packs but it's not like biomed to not be pumping up a new product prior to launch. If they don't work really well as is, they could always modify the filter or reduce the size of it or ditch it entirely for a cardboard one like the redes, but who knows. This is pure speculation on my part and we should have some feedback from Snake and Midnight soon. Cannabis 2.0 products are great but if we are to really increase revs for Q1 I think sticks is the only answer. We need bigger sales numbers to justify a higher SP and selling 100 000$ or so worth of KISS simply won't do the trick. If we shipped 40 units to the 200 stores across BC 2 times last quarter (which is optimistic) plus some orders to med patients and Saskatchewan, we still only made around 100 000$ and like I said before, I can't see the demand warranting anything like 1M$ per quarter in cannabis 2.0 products for at least a year. Many investors are here in large part because of the promise of the cannabis sticks and the company is really gonna have to execute on it to regain credibility. Ball's in your court Miller. Don't leave us hanging on the sticks after all the talking thats been done
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