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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 Petespipeon Feb 08, 2021 11:15am
116 Views
Post# 32500680

RE:RE:Cannabis 2.0

RE:RE:Cannabis 2.0
lovingstocks23 wrote: This is how the market has destroyed this company: 

Every MJ producer has cut costs down and production capacity due to oversupply, share price up. 

THC Biomed increased production capacity due to insufficient supply, share price down. 

This is when I know that we're undervalued like crazy. 


Yes, THC Biomed did things properly and adjusted to the market as needed. This is the reason we will be profitable and the big Pig companies will keep burning cash with dillussional market caps. THC Biomed is a story in the making of how to fundamentally run a business.
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