THC Global Group (ASX:THC)
- CEO:Ken Charteris
THC Global Group (ASX:THC) Stock Price
THC Global Group (ASX:THC) Company Overview
THC Global Group Limited (ASX:THC) is a medicinal cannabis company with a vertically-integrated business model built around the "farm to pharma" ideal.
The company is focused on the development and distribution of medicinal marijuana, but also has its' hand in a number of other cannabis-relayed enterprises. This includes large-scale greenhouse design, the construction of growing facilities, and the manufacture and delivery of hydroponics materials, equipment, and nutrients.
The company already has several growing sites situated around Australia—with one located northern NSW and the other in Queensland—along with an industry-leading biopharmaceutical manufacturing facility that churns out pharma-grade medicinal products for the international market.
After manufacturing, THC's products are then distributed globally via a series of commercial partnerships with companies located in North America, Europe, and the Middle East.
The company has already been given permits by the Australian government for its' Queensland-based cultivation and R&D site—which is owned by THC's subsidiary, Canndeo—and a domestic manufacturing license allowing for product validation and study trial production was recently granted to the company, for their South Port extraction facility.
- Address:Level 2/131 Macquarie St, Sydney NSW 2000, Australia
THC Global Group (ASX:THC) Financials
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Xu has specialised in financing, IPO and M&A activities for a wide range of sectors, including technology, agriculture, smart manufacturing and healthcare. He is also the head of the MY INP Venture Capital Fund.
Charteris has a substantial track record when it comes to the hands-on management of major international companies, and has been instrumental in the execution of THC’s strategic plan.
White has substantial knowledge of corporate governance and compliance, and has also been appointed Company Secretary and Chief Financial Officer of several other listed entities that operate on the Australian Stock Exchange and London Stock Exchange.
He has also acted as an advisor for a wide range of capital raisings, IPO’s and reverse takeover transactions.