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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

Comment by CalgarySamon Jun 19, 2023 12:35pm
206 Views
Post# 35503543

RE:RE:RE:RE:RE:RE:RE:RE:Cash burn hurting the big companies

RE:RE:RE:RE:RE:RE:RE:RE:Cash burn hurting the big companies

the cfo and director also cashed in millions of dollars in stock. Usually what a good company would do is cash it in high, put it in the company bank account and use the money to re invest by buying assets, or other companies. But it seems in this case they put it in their own bank accounts. They all cashed in enough to never work for the rest of their lives

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