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Medipharm Labs Corp T.LABS

Alternate Symbol(s):  MEDIF

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.


TSX:LABS - Post by User

Post by alleyesonmeon Jan 26, 2021 11:57am
206 Views
Post# 32387759

Inventory write down???

Inventory write down???Last financials labs reported a large amount of inventory. I think it was close to 30 mil. I believe oils have an exp date of 14 to 24 months and dried pills longer. This inventory in my mind is great to have on hand as long as it's being properly managed and cycled out the door. Is anyone worried about writedowns (inventory being accounted for as less valuable as it once was). I'm not so concerned about it but maybee I should be. Opinions. Thanks.
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