Connect with us

BIOTECH

THC Biomed International Ltd. (OTCMKTS:THCBF) Extends Its Decline

Published

on

In the last trading session, the stock price of THC Biomed International Ltd. (OTCMKTS:THCBF) declined more than 9% to close the day at $0.383. The decline came at a share volume of 28,205 compared to average share volume of 58,948.

The updates

In December 2016, THC Biomed reported several new developments pertaining to its new, amended approval from Health Canada, the release of its revamped site, the development of its facilities and changes in its effort with Supra Research and Development Inc.

During the same month, Health Canada granted company an amendment to its permit to allow THC Biomed to sell “Starting Materials”, implying marihuana crops. The company commenced offering marihuana crops to legally authorized people under the ACMPR.

THC management is extremely thrilled to start supplying registered people with much required starting materials in the way of clones. They priced starting material at $20 per Clone, plus shipping and packaging.

THC Biomed reported that it has structured its pricing to showcase its mandate of offering patients with accessibility to medical cannabis. Now that with license amendment, the company has commenced its expansion plans. It has already commenced structure on the expansion that will comprise 8 additional grow rooms and 2 new vaults.

The license was further modified to allow company’s team of scientists to perform in-house analytical testing. This will enable them to perform testing for R&D purposes. With its current facilities, staff and equipment, THC Biomed is able to perform its own R&D. Because of this, they were able to settle with Supra that the Joint Venture Deal, previously reported on March 22, 2016, could be canceled. The deal was canceled in last December.

THC Biomed new site has been redeveloped, turning it easy for people to order its products. The management look forward to serving people with the best genetics.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of journaltranscript.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions. To read our full disclosure

BRANDS

DETAILS

SCORE

PRODUCT SITES

  • Certified Organic
  • Made In U.S.A
  • Purity Promise
  • Price From $49

9.8

30% OFF Today! “30 0FF”

  • All Natural
  • Made In U.S.A
  • Lab Tested
  • Price From $69

9.7

  • All Natural
  • Made In U.S.A
  • Dissolvable Oral
  • Price From $99

9.6

  • All Natural
  • Made In U.S.A
  • Oral Mist
  • Price From $39

9.5

BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Purity Promise
  • Price From $49
SCORE

9.8

PRODUCT SITE
BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Lab Tested
  • Price From $69
SCORE

9.7

PRODUCT SITE VIEW PRODUCTS
BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Dissolvable Oral
  • Price From $99
SCORE

9.6

PRODUCT SITE VIEW PRODUCTS
BRAND
DETAILS
  • All Organic
  • Made In U.S.A
  • Oral Mist
  • Price From $39
SCORE

9.5

PRODUCT SITE VIEW PRODUCTS

Symbol        Alert        High        Gain

 

  VBIO          $0.67       $4.10      500%

  IMLFF        $0.11       $0.57      400%

  CMXC        $0.25       $0.45      80%

  REPCF       $0.54       $0.79      48%

 

Get Your Latest Winner Delivered to Your Inbox!

FREE

For The Next 48 Hours

Advertisement