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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 > Cash burn hurting the big companies
View:
Post by Petespipe on May 26, 2023 9:28am

Cash burn hurting the big companies

THC BioMed not looking so bad when you look at canopy and tilray.  Are cash burn is nothing compared to those pigs.  Maybe this turtle has a chance. Next financials should be a good indication of how things are going. Goodluck holding
Comment by ElKaBong on May 26, 2023 4:19pm
.... this is a company with no grow space...  Zero sq ft....
Comment by Petespipe on May 26, 2023 7:21pm
OCS is all stocked up with THC BioMed products. Maybe there growing it in space or on the Moon. Zero gravity with zero sq ft.  I'll sell all my shares first thing Monday. Thanks for your help 
Comment by ElKaBong on Jun 07, 2023 8:16pm
For some time now, This company sells other LP's cannabis, relabelling  it as theiirs ... Or who knows where it came from.   They do not have any offices or grow space .... 
Comment by QcTrader on Jun 09, 2023 4:31pm
they are growing wtf you talking about. lmao.
Comment by ElKaBong on Jun 09, 2023 5:08pm
There are no longer any facilities at Acland Rd, that's what I'm talking about.... So where are they growing...?
Comment by vinneyquaw2 on Jun 17, 2023 1:18pm
They're not growing - been on THC BIOMED website lately - nothing to buy now - doesn't look good at all.
Comment by CalgarySam on Jun 18, 2023 1:03am
I totally believed in this company with a huge portion of my savings that I worked very hard for, but the signs are clear, redcan capitalized on the cigarette style, Thc did not. Seems like a classic pump and dump. The ceo cashed in millions and seems to be letting the company fizzle out :.( 
Comment by CalgarySam on Jun 19, 2023 12:35pm
the cfo and director also cashed in millions of dollars in stock. Usually what a good company would do is cash it in high, put it in the company bank account and use the money to re invest by buying assets, or other companies. But it seems in this case they put it in their own bank accounts. They all cashed in enough to never work for the rest of their lives