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Bullboard - Stock Discussion Forum 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... see more

CSE:THC - Post Discussion

THC Biomed Intl Ltd > not easy making drinks
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Post by Greencash on Aug 27, 2020 9:16am

not easy making drinks

Problems with packaging, flavoring

Packaging the new beverages was an early hiccup, said Matt Maurer, a cannabis attorney with the Toronto firm Torkin Manes. Traditional aluminum cans have thin liners that can draw cannabinoids out of suspension.

“The cans that were proposed to be used would basically take the potency away from the drink,” he told Hemp Indutstry Daily. “So they had to sort of reformulate their packaging, figure out how they were going to deal with that challenge.”

Maurer said he also heard about companies that were struggling to get the flavor right – and in a way that the product wouldn’t separate in the packaging over a long period of time and sink to the bottom.

“I think a lot of producers underestimated the potential challenges they were going to have, and they needed more time to sort out those challenges,” he said.

It’s not impossible, however, to launch a successful cannabis drinks business, said Scott Van Rixel, founder and former CEO of Bhang! Chocolate, a cannabis company that sells various CBD products.

“Look, there are some cannabis beverages in the marketplace already in Canada, that’s a fact,” Van Rixel said. “I think that people had this assumption that it was a very simple process to just put THC into a beverage and away you go. And there’s a little more complexity from a chemistry standpoint.”

After some delays, cannabis giant Canopy Growth began shipping its own marijuana-infused drinks throughout Canada last month.

https://hempindustrydaily.com/beset-by-delays-canadian-cbd-drink-market-looking-for-expanded-future/

 
Comment by Petespipe on Aug 27, 2020 11:26am
100% making drinks is not easy. This is the main reason I hold THC Biomed stock, knowing that shareholders will be rewarded down the road. Are extraction method is superior from what I've been told. Hoping to order 30 THC Kiss drinks off OCS when they arrive
Comment by Walterthedog on Aug 27, 2020 11:49am
Its a great product and only time will tell how much traction it gains but I've gotta say, I'm really dissapointed at where we are placed on the best seller list on the BC cannabis store. We're almost dead last behind a bunch of different tea bags and other things I wouldn't have thought would be good sellers. I know we launched after a lot of these other products which helps ...more  
Comment by carrytheone on Aug 27, 2020 11:56am
If we truly have a good product lets send some to the critics to try. Nice free advertising if we get good reviews.
Comment by Greenbuds on Aug 27, 2020 2:05pm
This post has been removed in accordance with Community Policy
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