Thursday, June 22, 2017 9:03:50 PM
THC Receives Dried Marihuana order from Germany, Appoints New Director, Settles Debt for Shares
THC.CSE THCBF – OTC TFHC.F
Vancouver, B.C. – (June 22, 2017) THC Biomed Intl Ltd. (“THC”) is pleased to announce that it has received an order to export Dried Marihuana to Germany. THC has initiated the process to meet regulatory requirements to export to the European Union.
THC is excited to begin to claw into what is anticipated to be a more than billion dollar International Cannabis Market.
THC currently offers 29 different Genetic strains for sale and has the largest variety of Genetic strains available in Canada to home growers.
“THC intends to soon begin selling dried Marihuana as an interim supply to registered home growers at $4.20 per gram. We believe this would be the lowest price ever offered to medical patients in Canada,” commented John Miller, President and CEO of THC.
“We are pleased to offer this wholesale-type pricing to our fellow growers. The home growing market is expected to expand rapidly in the event recreational Marihuana is introduced,” said Mr. Miller.
THC is also pleased to announce that Dr. Ashish Dave has consented to join the Board. He was appointed as a Director on June 21, 2017. Dr. Dave is a scientist who has previously consulted for THC. Dr. Dave has a PHD in plant tissue culture and a Master’s Degree in botany.
THC has also settled $58,596 of debt obligations for consulting services through the issuance of 133,172 common shares of THC at a deemed price of $0.44 per share
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