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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 Petespipeon Dec 01, 2021 9:37am
162 Views
Post# 34184340

Facility buildout completed

Facility buildout completedLooking like THC Biomed is all profits from here on. If they phase out selling dried product and just sell 100% edibles this company will succeed. It's been proven by the bigger companies that have not shown any profits while downsizing and still failing as cannabis prices keep dropping. THC Biomed is one of the only producers able to make full spectrum edibles at the lowest cost resulting in lower prices. Next Quarter will grow substantially in net profit. Growing pains are in the past, good luck
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