- Business
- THC Biomed Intl Ltd. is a Canada-based licensed producer of medical and recreational cannabis, focused on the cultivation, processing, and sale of high-quality indoor-grown cannabis products through its subsidiary THC BioMed Ltd. The company offers dried flower in sativa, hybrid, and indica strains such as Dragon's Lettuce and Nebula; glass pre-rolls; ICE bubble hash one-hitters; cannabis beverage shots, gummies, and biscuits under the THC KISS brand; pure cannabis sticks; extracts including resin and oil; edible concentrates; and topical products, along with cannabis genetics, clones, and related biological assets like mother plants for propagation. It operates in the alternative medicine and pharmaceuticals sector, primarily serving the Canadian market with sales concentrated domestically, and maintains a single reportable segment in scientific research, development, cultivation, and cannabis sales; subsidiaries include Clone Shipper Ltd., which holds rights to live plant transportation products, THC BioMed Victoria Falls Ltd., THC2GO Dispensaries Ltd., and THC BioMed Lesotho Ltd. Founded in 2012 and headquartered at 1340 St. Paul Street in Kelowna, British Columbia, the company employs approximately 35 people and holds Health Canada licenses for small-batch production. Recent developments include a Health Canada license renewal to August 2026 announced in August 2025, an agreement to export cannabis to a major German distributor in August 2025, and the sale of a strata unit in Kelowna, B.C., for CAD 0.55 million completed in 2024.