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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

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Post by ChefBHT on Feb 08, 2021 8:03am

News

THC BioMed Expands Edible, Beverage and Baked Goods Production Areas - Applies to Health Canada to License New Production Areas THC.CSE THCBF - OTC TFHD.F VANCOUVER, BC, Feb. 8, 2021 /CNW/ - THC BioMed Intl Ltd. ("THC BioMed" or the "Company") announces that it has completed construction of three strata units, increasing its edible and beverage production space and adding new facilities for baked goods. The Company has submitted an application to Health Canada requesting clearance to commence production in the newly constructed areas. THC BioMed has added these production areas in response to a high demand for its edible products. About THC THC BioMed is one of Canada's oldest active licensed cannabis companies. It was first licensed to deal with cannabis in 2013 under a Health Canada Section 56 exemption under the Controlled Drugs and Substances Act and has been a Licensed Producer under the current regime since 2016. It aims to be a leader in the beverage and edible space. THC BioMed is a Cannabis Act Licensed Producer of medical and recreational cannabis. It is licensed to cultivate and sell dried, extract, edible and topical cannabis. The Company is on the leading edge of scientific research and the development of products and services related in the medical cannabis industry. Management believes THC BioMed is well-positioned to be in the forefront of this rapidly growing industry.
Comment by ChefBHT on Feb 08, 2021 8:23am
Hopefully this is correlated to products selling out quickly and not being replenished as fast. Maybe it is a supply issue after all and not so much that OCS is conspiring...!?
Comment by Tryingtomakeit on Feb 08, 2021 9:18am