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THC Biomed Intl Ltd C.THC

Alternate Symbol(s):  THCBF

Healthcare Cannabis
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

THC Biomed Intl Ltd > Results Q2 says last 6 months . Q1 for that quarter.
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Post by RamboOO7on Apr 02, 2022 12:40am
228 Views
Post# 34569531

Results Q2 says last 6 months . Q1 for that quarter.

Results Q2 says last 6 months . Q1 for that quarter.
  1. Q1 produced 534 KG sold 295.9 KG
  2. Q2  produced 571 KG for last 6 months
  3. Q2 produced 571 KG produced last 6 months minus 534 KG equals 37 KG for Q2 production
  4. probably due to transition of new strains
  5. Q1 534 KG produced minus 296 KM sold remaining inventory 148 KG left Q1
  6. Q1 148 KG plus Q2 37 KG production equals 185 KG inventory Q2 
  7. Q2 sales for 6 months 443 KG
  8.  Q1 total sales 3 months 295.9 KG
  9. Q2 total sale for 6 months 443 KG minus 295,9 equals rounded off 147 KG for 3 months sales for Q2
  10. so THC sold 147 KG for Q2 equals around $441,000 flower sold
  11. Q2 total edibles sold around $164,826 ..Q1 total edibles sold around $242,137
  12. Q2 total Biscuits sold around $72,523
  13. edible sales went down $77,311 from Q1 to Q2
  14. inventory Q2 around 128 KG not sold.
  15. why does Q2 report last 6 months. hummmm and not just last 3 months
  16. i got dizzy trying to post these results maybe i made a mistake. Correct me if i am wrong. The numbers and sales can be off. 
  17. Terrible financials. Maybe biscuits might boost sales because they were not released in Ontario Q2 Mango wasn't released neither
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