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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. The Company's subsidiary, Harvest Medicine provides clinic services to Canadian patients requiring medical cannabis education and prescriptions.


TSX:LABS - Post by User

Post by mdjbrownon Nov 03, 2023 9:44am
182 Views
Post# 35715527

Recent Australian regulations should help LABs bottom line

Recent Australian regulations should help LABs bottom line
 “In July 2023, the TGA revised import and medical cannabis regulations, requiring all products to meet cGMP standards. This bans the import of products from non-GMP sources, limiting MediPharm's competition in the manufactured cannabis product segment.”

This allows MediPharm Labs further access to the Australian medical cannabis market projected to reach nearly $200M USD in 2023, according to Satista.”


https://www.prnewswire.com/news-releases/medipharm-labs-launches-new-gmp-products-to-the-australian-medical-cannabis-market-301939695.html
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