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Monday, August 05, 2019 4:55:32 PM
THC Biomed International (OTCQX:THCBF) (CSE:THC)
THC Biomed operates as a licensed producer under Canada's Marihuana for Medical Purposes Regulations. It is also engaged in the research & development of the products and services to medical marijuana.
THC Biomed's recently announced a new THC-based beverage, aiming to appeal to a broader range of consumers. John Miller CEO explained, "THC has conducted extensive research on cannabis edibles and beverages and I have found our product to be exclusive in its category."
Though THC Biomed may be smaller than some of its more well-known competitors, it is just as ambitious. And it's beginning to pay off.At the end of last year, the company made its first shipment of cannabis products to its Saskatchewan partner, and is rapidly expanding its holdings, with two new strata lot purchases, adding to its growing array of assets.
The company is also leading the charge in 'pure cannabis cigarettes' in the Canadian market. As the first Canadian Licensed Producer to automate this process with pre-rolled cannabis products mimicking that of the tobacco industry, THC Biomed is carving a new path for recreational marijuana. The Pure Cannabis Cigarettes will contain biodegradable filters, something that even Big Tobacco hasn't picked up on.
John Miller, President and CEO of THC BioMed explained, "We promise our Pure Cannabis Cigarettes will offer the same potency as our regular best-selling pre-rolls. I am predicting consumers will gravitate towards this finished type of product and the old way of rolling joints will be something of the past."
https://www.prnewswire.com/news-releases/the-six-stars-of-the-cannabis-industry-in-2019-300882333.html
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