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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 Jan 18, 2021 4:09pm
87 Views
Post# 32322223

RE:RE:RE:Absolute

RE:RE:RE:AbsoluteResults of a phase 2 clinical trial. If the midpoint results meet the endpoint goals, they can close the phase 2 trial and start licensing the treatment in Korea and Japan. A typical biotech with a completed phase 2 trial is worth anywhere from 100 M to 300M$ and hem is currently worth 30M$ for a variety of reasons. Just look at whats happened with sernova based on some phase 2 data they just released and they are only midway through their phase 2. Ive been following HEM for 4 years and they have a ton of data proving really high efficacy of their stem cell treatment so the company is very optimistic that the midpoint data will mirror earlier trials. Huge opportunity and worth a look.
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