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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 Tryingtomakeiton Feb 08, 2021 9:18am
94 Views
Post# 32499019

RE:News

RE:News
ChefBHT wrote: THC BioMed Expands Edible, Beverage and Baked Goods Production Areas - Applies to Health Canada to License New Production Areas THC.CSE THCBF - OTC TFHD.F VANCOUVER, BC, Feb. 8, 2021 /CNW/ - THC BioMed Intl Ltd. ("THC BioMed" or the "Company") announces that it has completed construction of three strata units, increasing its edible and beverage production space and adding new facilities for baked goods. The Company has submitted an application to Health Canada requesting clearance to commence production in the newly constructed areas. THC BioMed has added these production areas in response to a high demand for its edible products. About THC THC BioMed is one of Canada's oldest active licensed cannabis companies. It was first licensed to deal with cannabis in 2013 under a Health Canada Section 56 exemption under the Controlled Drugs and Substances Act and has been a Licensed Producer under the current regime since 2016. It aims to be a leader in the beverage and edible space. THC BioMed is a Cannabis Act Licensed Producer of medical and recreational cannabis. It is licensed to cultivate and sell dried, extract, edible and topical cannabis. The Company is on the leading edge of scientific research and the development of products and services related in the medical cannabis industry. Management believes THC BioMed is well-positioned to be in the forefront of this rapidly growing industry.


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