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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

Post by Greencashon Aug 27, 2020 9:16am
211 Views
Post# 31459536

not easy making drinks

not easy making drinks

Problems with packaging, flavoring

Packaging the new beverages was an early hiccup, said Matt Maurer, a cannabis attorney with the Toronto firm Torkin Manes. Traditional aluminum cans have thin liners that can draw cannabinoids out of suspension.

“The cans that were proposed to be used would basically take the potency away from the drink,” he told Hemp Indutstry Daily. “So they had to sort of reformulate their packaging, figure out how they were going to deal with that challenge.”

Maurer said he also heard about companies that were struggling to get the flavor right – and in a way that the product wouldn’t separate in the packaging over a long period of time and sink to the bottom.

“I think a lot of producers underestimated the potential challenges they were going to have, and they needed more time to sort out those challenges,” he said.

It’s not impossible, however, to launch a successful cannabis drinks business, said Scott Van Rixel, founder and former CEO of Bhang! Chocolate, a cannabis company that sells various CBD products.

“Look, there are some cannabis beverages in the marketplace already in Canada, that’s a fact,” Van Rixel said. “I think that people had this assumption that it was a very simple process to just put THC into a beverage and away you go. And there’s a little more complexity from a chemistry standpoint.”

After some delays, cannabis giant Canopy Growth began shipping its own marijuana-infused drinks throughout Canada last month.

https://hempindustrydaily.com/beset-by-delays-canadian-cbd-drink-market-looking-for-expanded-future/

 
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