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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 > Financials Out
View:
Post by ezemoney on Apr 01, 2021 5:09pm

Financials Out

Rev's down 20 -30% depending on period
Losses balooned 88k profit prev to $3mm loss.
Nav: continues to plunge, now .075c/sh
There is nothing good.
RATING: SELL
Comment by lovingstocks23 on Apr 01, 2021 5:39pm
What you mean nothing good ? They are going to move into mostly edibles and other high profit margin products. Their adjusted ebitda is a lot better than last year. They got $1M in rev which is more than I expected considering prices for cannabis are going down. They're very close to getting orders from Quebec. They're waiting for final approval to start increasing production of edibles ...more  
Comment by 2TH3Moon on Apr 01, 2021 10:25pm
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