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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 Dec 12, 2020 11:10am
83 Views
Post# 32093100

RE:RE:RE:It is with great sorrow.

RE:RE:RE:It is with great sorrow.I appreciate the suggestions droid but I don't think you understand mine and possibly others positions here. I actually owe money on this investment. To pull out whats left and accept the risk of a brand new, unknown stock is completely foolish. Basically worse case scenario is priced in to THCs SP right now. This assumes our sales go nowhere and we continue to bleed money. We are priced based on physical assets and nothing more. We have built a business that sells MJ products to a market of 20M people. We have a unique drink and quality weed at the best pricing in BC. We have new 2.0 products coming and new branding to help move our product. We have THE lowest G and A costs in the industry and already proved we can be profitable. We are in no danger of bankruptcy at all for at least the next year or two barring any disasters. To sell right now while I owe money to chase a new stock pumped up on dreams with no reality priced in? No thanks. I know this stock quite well and im going to start trading it properly. Sell on any upticks above real value and wait for reality to bring it back down.
Bullboard Posts