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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 > Talk About Squandering an Opportunity
View:
Post by KelownaClown on Jul 13, 2021 11:15am

Talk About Squandering an Opportunity

From THC's most recent press release:

"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 is a small batch producer and aims to be a leader in the beverage and edible space".

OK, so now Biomed is calling itself a "small batch producer". OMG! What happened to all of the people from a couple of years ago who were hallucinating about multi-tier grow operations across 40,000 square feet?

No one can debate the early advantage that THC had back in 2013. Talk about getting in early. Well, JM and his bride, the CFO, have certainly done well, and I guess that's all that matters...

"Oak Hill is going to ensure that the story of our company gets out to investors and the Canadian investment community while we expand our product lines and looking at further opportunities," said John Miller, CEO of THC. "


Further opportunities? Good idea, maybe open a car-wash.
Comment by winnerscircle on Jul 13, 2021 11:25am
lol...a car wash?....do you know how busy detail shops are ...Miller and friends are not in the business of providing a service for ppl in exchange for money.....they are in the lets print worthless shares and turn it into money for the Millers business.....
Comment by winnerscircle on Jul 13, 2021 11:30am
*even though Miller himself hasent sold any shares recently....paying consultants worthless options provides THC biomed with worthless work being done.......
Comment by KelownaClown on Jul 13, 2021 12:51pm
Yeah, who here remembers the contractors who were involved in renovating a couple of the strata units at 2550 Acland, who were paid in THC options priced at 18 cents? I bet JM has been having trouble getting trades-people to work for him ever since.
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