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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 SpidyHoodon Jul 08, 2021 1:41am
226 Views
Post# 33510555

First steps taken to supply Quebec

First steps taken to supply QuebecQuotes from the most recent news report

Received a letter of authorization from the Autorits des Marchs Publics (“AMP”), Quebec’s Public Markets Authority providing the authorization as granted by AMP pursuant to Quebec’s Act Respecting Contracting by Public Bodies and permits THC BioMed to enter into contracts with Quebec’s Socit qubcoise du cannabis (“SQDC”). Pursuant to Quebec’s Cannabis Regulation Act, only the SQDC may purchase cannabis from a federally licensed cannabis producer and sell it to the public in Quebec. This authorization is just a first step in possibly entering into the Quebec cannabis market for THC BioMed.
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