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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

Comment by AADADuatoon Nov 09, 2023 2:31pm
66 Views
Post# 35726701

RE:MediPharm Labs has shown a strong presence in the cannabis o

RE:MediPharm Labs has shown a strong presence in the cannabis o

MediPharm Labs has shown a strong presence in the cannabis oil category across multiple markets. In AlbertaBritish ColumbiaOntario, and Saskatchewan, the brand has consistently held the top two positions from July to October 2023. It's worth noting that in Ontario, MediPharm Labs moved up to the top spot in October. The brand's performance in the capsules category has been less consistent, with rankings fluctuating within the top 20, but maintaining a steady presence in Alberta and Ontario.

On the other hand, MediPharm Labs' performance in the edibles category has been less than stellar. In Alberta, the brand's ranking dropped significantly from 29th in July to 43rd in September, before slightly recovering to 31st in October. Similarly, in Ontario, the brand has struggled to break into the top 20, hovering around the 30th spot. However, there was a positive upward movement in October, where the brand improved its ranking to 26th. While these rankings are not within the top 20, the brand's persistent presence in the market suggests potential for growth and improvement.

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