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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 Walterthedogon Sep 03, 2021 3:25pm
145 Views
Post# 33810464

RE:RE:More bull.s.hit from JM . No mango or any products on OCS.

RE:RE:More bull.s.hit from JM . No mango or any products on OCS.Products are good, branding is good. I like the new website. Fins are much worse than i expected by now. Obviously either the margins on edibles aren't as good as expected or it's just a matter of inability to keep stores stocked. This could be due to lack of ability to produce at scale or inability to negotiate with provinces or other weak points in the supply chain. Could be a combination of all of the above. Maybe if we go even lower and i make some money back on Hemostemix, I'll try this one more time. If the sticks ever get figured out, Miller may be able to pump this up to 20 cents again. I don't have much hope long term just due to the fact that they can't seem to increase sales year over year no matter what they do. Also margins are down maybe reflecting lower selling price due to fierce competition. Who knows. Good luck fellas.
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