Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Feb 11, 2023 10:23am
726 Views
Post# 35281334

Possible takeover target?

Possible takeover target?THC BioMed has some good products and have been going more of the edible route in Canada. I've noticed less dried cannabis which makes sense, since almost anyone can grow decent cannabis at home.  Their drinks and biscuits are both automated which reduces costs.  Investors will see lots of consolidation this year in the cannabis industry as consumers will purchase the quality products at a fair price.  THC BioMed could be a possible takeover target as the larger companies look to acquire top cannabis products.  Hopefully they are financially stable at this stage in the game as any financing would burry the stock.   Especially with John Miller owning more shares than anyone.  Would be smarter to sell off some real estate if cash is needed.  Holding on for the ride. It's been long overdue for all of us bagholders, good luck.
<< Previous
Bullboard Posts
Next >>