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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 lovingstocks23on Aug 12, 2021 11:08pm
74 Views
Post# 33699138

RE:Insiders Accumulating more Shares

RE:Insiders Accumulating more SharesTheoretically when you see insider share count increase it's due to an overwhelming positive sentiment about the company's numbers. 

The problem is that whatever JM did so far that he thought was positive and deserved an increased interest in the stock and higher market price, ...... well the market didn't care about what he thinks..... Cig machine did nothing, more edibles did nothing, better supply of products still did nothing ......

And the fact that they mentionned as a target of 0.60 cents a share or higher for 10 consecutive days as a forced conversion either says they're extremely confident or plain stupid. 

In my opinion as a holder for the last 3 years, I believe that nothing will move the stock price besides either A) a major supply contract with Quebec or another province .... or B) 200%-400% increase in revenues and positive NI
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