THC Biomed Intl Ltd. (THCBF)

[PotterBanker]

THC Receives New License Under Cannabis Act

https://www.prnewswire.com/news-releases/thc-receives-new-license-under-cannabis-act-300749914.html

lone Shipper Obtains U.S. Patent and Trademark Office Allowance

THC Makes 4th delivery of cannabis products to Province of B.C.

Continues to Expand Grow Space

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VANCOUVER, Nov. 14, 2018 /PRNewswire/ - THC BioMed Intl Ltd. ("THC" or the "Company") (CSE: THC) announces that it has received a Cannabis Act and Cannabis Regulations License from Health Canada on November 8, 2018. This is the new license under the Cannabis Act and it allows THC to grow, produce and sell cannabis products on a large scale under the new regime.

THC is also very pleased to announce that Clone Shipper, its wholly-owned subsidiary, has received a Notice of Allowance from the U.S. Patent and Trademark Office regarding THC's patent application for the invention of an illuminated shipping container for live cannabis plants. THC now has three months to conduct a final review of its patent application, file any necessary amendments, submit the formal drawings and pay the Issue fee. The Notice of Allowance is not a grant of patent rights but a notice from the Examiner that the Application is being allowed.

In addition, due to the high demand for our cannabis products, THC has completed its fourth (4th) shipment of cannabis products to the Province of B.C. Its previous three shipments have sold out since launch day on October 17, 2018.

THC is focused on meeting the high demand for its products. It continues to expand and develop its production space, as announced in previous press releases on October 16, 2018, June 29, 2018, June 12, 2018 and earlier.

About THC

THC's vision is to be on the leading edge of scientific research, development of products and services related to the medical cannabis industry while creating a standard of excellence. As the industry develops, it will become more important to focus on scientific research and development of products and services related to medical cannabis. Management believes THC is well-positioned to be in the forefront of this rapidly growing industry.

Please visit our website for a more detailed description of our business and services available. www.thcbiomed.com