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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 Apr 02, 2022 1:04am
348 Views
Post# 34569546

Company transition. Explains low production Q2 for dry Bud

Company transition. Explains low production Q2 for dry BudHIGHLIGHTS SUBSEQUENT JANUARY 31, 2022  Completing a transition to right-size the Company based on current market conditions  Adding seven additional strains under the brand name “Smoke That Thunders” to produce dried cannabis with tetrahydrocannabinol between 18% and 24%    Launching a new website called “Smoke That Thunders” to coincide with the introduction of the new strains on 4/20 of 2022
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