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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 sashapireltalaon Dec 23, 2020 11:33am
69 Views
Post# 32169416

Fast Track Designation Could Do Wonders

Fast Track Designation Could Do Wonders
 
this other companies recently began clinical trial site recruitment for its Acclaim-1 clinical trial for treating non-small cell lung cancer. After already receiving U.S. Food and Drug Administration (FDA) Fast Track Designation in January 2020 for the trial’s patient population, the trial appears to be off to a strong start.
 
Additionally, Cho Research appears to be bullish on the stock. Analyst Alex Cho upgraded the stock and increased his price target from approximately $2.84 to around $8.27. Check disclaimer on my profile.
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