VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov. 16, 2015) - THC BioMed Intl Ltd. (CSE:THC)(FRANKFURT:TFHC)(OTC PINK:THCBF) ("THC enters LOI to purchase Health Canada Licensed Cannabis Testing Laboratory"). ("Applies for supplementary license to Produce and sell fresh marijuana and cannabis oil")

As the industry expands into the supply of derivatives, the demand for Analytical testing services and contract research will increase substantially. We forecast exponential growth in this sector, with greater potential, should legalization and regulation of the recreational Cannabis market come into effect.

Supra Research and Development has an existing Dealer's license from Health Canada for the possession of Cannabis and related active ingredients and well as the production of extracts for the purpose of analysis.

THC BioMed is very pleased to announce the signing of an LOI to purchase Supra Research and Development s Cannabis related business .All Supra Research and Developments Cannabis related Intellectual property, instruments and Licence will be transferred...