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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 > Achievements
View:
Post by betsonvalue on Dec 04, 2020 6:39am

Achievements

Very happy with what I invested in here. I am smart enough to know what it takes to build a business and can also value them appropriately. Do not listen to sour bag holders (they did value the company A LOT higher as their wallets show!!).
Comment by Tryingtomakeit on Dec 04, 2020 8:54am
  agreed it takes a lot to grow a buisness especially in a new regulated industry.......most of any sort of companies in any sector will never make 5 million a year.   So betsonvalue what's your value on THC. 
Comment by Walterthedog on Dec 04, 2020 11:10am
I agree we have achieved a fair bit of legitimacy and 10 cents is a fair value for the company as it stands. 3.5:1 PS ratio. 2:1 asset to debt and we are only losing 250 000$ per quarter which isn't far from profitability. The reason many of us may have valued the company too high over the years is in large part due to the torrent of promises and plans that evaporated either due to changing ...more  
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