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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 LongDollarson May 01, 2021 11:28am
218 Views
Post# 33108332

RE:Anemic Volume

RE:Anemic Volume
Once again, I'd like to point out that people on this board probably hold ~15% of all shares. Saying that, insiders own over 35% of this company and I'd wager money that even the bashers on this board hold a hefty amount of shares. There are others, such as my brother, who own over one million shares and do not take part in any of the nonsense that this board has become. My point being, shares in this company are held by probably less than 1500 people. With approximately 160,000,000 million shares and management own 35% of them that leaves 104,000,000 left for the public. With 104,000,000 left and presumably only a handful of holders (say 1500) it leave an average shares count of 69,333 shares per person. There are probably less than 1500 investors in this company as I personally know four people who collectively own 4 million shares between them (myself included) but whatever. My point is that the low volume is attributed to people not wanting to sell to the tire kickers out there, the people holding shares know the potential here and are not going to fold under pressure from the people bashing. Those people bashing by the way, have admittedly been the same ones bashing under multiple aliases now for over three years - that speaks volumes in itself.
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