Mr. John Miller reports
THC BIOMED INTL LTD. TO SELL TWO STRATA UNITS IN KELOWNA, B.C.
THC Biomed Intl Ltd. has accepted offers for the purchase and sale of two of
its strata units at its Acland Road location in Kelowna, B.C., to be completed on June 4, 2025.
The total purchase price for both units is $800,000. An amount of $26,250 is expected to be paid out in real estate
commissions. The company expects to use the rest of the proceeds to pay for other expenses
of the transaction, the mortgage payout, Canada Revenue Agency, other creditors and general working capital.
The buyer is an arm's-length party.
The issuer will lease these units back from the buyer to continue its business operations therein.
About THC Biomed Intl Ltd.
THC Biomed is a leading cannabis company dedicated to producing high-quality, diverse cannabis
products. With a focus on innovation and consumer satisfaction, THC Biomed strives to meet the
evolving needs of cannabis enthusiasts through continuous research, development and product
excellence.
We seek Safe Harbor.
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