THC Biomed Intl Ltd. (THCBF)

[PotterBanker]

THC BioMed Makes 1st Shipment of Cannabis Products to Saskatoon Retailer

https://www.prnewswire.com/news-releases/thc-biomed-makes-1st-shipment-of-cannabis-products-to-saskatoon-retailer-300758783.html

THC BioMed Purchases Additional Strata Lots in its Current Kelowna Location

THC Biomed Makes 5th Cannabis Shipment to the Province Of B.C.

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VANCOUVER, Dec. 3, 2018 /PRNewswire/ - THC BioMed Intl Ltd. (CSE: THC) ("THC", "THC BioMed" or the "Company") is pleased to announce that it has made its first shipment of cannabis to the province of Saskatchewan. The shipment includes THC BioMed's bestselling Cannabis strains in dried and pre-rolled forms.

THC is also pleased to announce that it has purchased two additional strata lots in the industrial complex in Kelowna that it currently occupies. THC also announced the purchase of additional strata units in this building in October and June 2018. The additional strata lots will be used for production purposes. THC purchased the properties as part of its expansion plan due to the high demand for its products. The purchase price was $700,000 plus fees and taxes, for a total of $733,020. THC purchased the strata lots for cash and did not require a mortgage.

Due to the high demand for our products, THC has completed its fifth (5th) shipment of cannabis products to the Province of B.C. This shipment included THC BioMed's premium CBD Strain, branded THC CBD, and our popular Atomical Haze strain.

THC continues to work vigorously toward securing supply agreements with various provincial governments.

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 BioMed 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