THC BioMed Intl Ltd. announced that it has completed construction of three strata units, increasing its edible and beverage production space and adding new facilities for baked goods. The Company has submitted an application to Health Canada requesting clearance to commence production in the newly constructed areas. THC BioMed has added these production areas in response to a high demand for its edible products.
THC BioMed is one of Canada’s oldest active licensed cannabis companies. It was first licensed to deal with cannabis in 2013 under a Health Canada Section 56 exemption under the Controlled Drugs and Substances Act and has been a Licensed Producer under the current regime since 2016. It aims to be a leader in the beverage and edible space.
THC BioMed is a Cannabis Act Licensed Producer of medical and recreational cannabis. It is licensed to cultivate and sell dried, extract, edible and topical cannabis. The Company is on the leading edge of scientific research and the development of products and services related in the medical cannabis industry. Management believes THC BioMed is well-positioned to be in the forefront of this rapidly growing industry.