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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 RamboOO7on Mar 30, 2022 9:28am
64 Views
Post# 34558423

The perfect storm ! Only if Q2 financials released soon

The perfect storm ! Only if Q2 financials released soon DANI ROMERO:Yeah. That's right. The debate to legalize cannabis is once again before lawmakers. This would be the second time that a federal marijuana bill is on the table. The bill, known as the MORE Act, would remove cannabis from a federal controlled substance list and eliminate criminal penalties associated with the drug. It would also impose a federal tax on marijuana sales and to help fund programs and to help communities that have been impacted negatively on the war on drugs. The bill is to be set to take to the House Rules Committee on Wednesday. And then it would get a vote on the floor by the end of the week.
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