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. It also sells metered dose inhalers and aerosol sublingual sprays. Through Harvest Medicine, it provides clinic services to Canadian patients requiring medical cannabis education and prescriptions.

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Medipharm Labs Corp > Nextleaf profitable moving into 2021.

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Comment by lscfaon Dec 31, 2020 4:05pm

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RE:RE:RE:RE:Nextleaf profitable moving into 2021.

p.s. what the hell does "in the black" even mean? Maybe the gross margin was finally positive. What about operating income? ebitda? Net income?

lscfa wrote: I think Nextleaf got into the black by doing a lot of volume in a short time. The volume can from compressing the volume of 1 year contracts into a 1 or 2 month time frame, which is not sustainable. Co. is pumping to get the stock price up.

DonRudy wrote:
@iscfa for how long we shall see. For Nextleafs first year in operation with the wholesale pricing for distillate where it is, I'd say they proved the low cost extraction method they have been claiming since day 1.

valens and Labs were profitable when distallite pricing wasn't compressed by 60%. For Nextleaf to be profitable in todays environment is promising moving into 2021. Props where props is due.