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THC Biomed Intl Ltd
Symbol THC
Shares Issued 118,272,440
Close 2018-06-12 C$ 1.11
Market Cap C$ 131,282,408
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THC Biomed acquires two more strata lots in Kelowna

2018-06-12 18:48 ET - News Release

Mr. John Miller reports

THC PURCHASES TWO ADDITIONAL STRATA LOTS IN ITS CURRENT KELOWNA LOCATION

THC Biomed Intl Ltd. has purchased two additional strata lots in the industrial complex in Kelowna it currently occupies. The two lots will be used for production purposes. THC is purchasing these properties as part of its expansion plan due to high demand for its products.

In light of the recent Senate passing of Bill C-45, THC continues to work vigorously toward securing supply agreements with various provincial governments.

The purchase price is $650,000, plus fees and taxes, for a total of $666,805. THC is purchasing the two strata lots for cash and will not require a mortgage.

About THC Biomed Intl Ltd.

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.

We seek Safe Harbor.

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