Medipharm Labs Corp T.LABS

Alternate Symbol(s): MEDIF

Healthcare Cannabis

MediPharm Labs Corp. is a Canada-based full-service pharmaceutical company. The Company specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products. Through its wholesale and white label platforms, the Company formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets. It also provides GMP flower sourcing, packaging, and distribution services for select international clients. In addition, it cultivates cannabis to sell as dried flower, pre-roll and other cannabis products for the adult use and medical markets. The Company's subsidiary, Harvest Medicine provides clinic services to Canadian patients requiring medical cannabis education and prescriptions.

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Medipharm Labs Corp > How far could this drop???

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Comment by flad101on Nov 16, 2020 9:57am

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Post# 31905889

RE:How far could this drop???

Could go down quite a ways. They still have a large amount of their receivables coming from Hexo which they will not get and have to write off. They have a lawsuit against them by Hexo for 30mil. They don't have a year to wait for revenues to increase. They will burn up assets and will need to issue more stock to remain solvent. Creating dilution. So who knows. Maybe .20 cents

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