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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 Marv1010on Nov 23, 2023 9:04am
91 Views
Post# 35749789

RE:RE:RE:Shareholder value

RE:RE:RE:Shareholder valueThe stock has no pulse because the cannabis hype train has left the station and this business (like most normal ones) is being judged on what have you done for me lately.

LABS was never a stock that benefited from any of the hype appreciation when hype in cannabis was a thing, now that it's not, nothing will move the SP appreciably except for the pharma unicorn.  We'll get a bump when we reach break even (or better) because that de-risks the going concern/cash issues. 

A RS does nothing for the business except make it easier for it (and the financing houses) to make money in future share offerings while killing long suffering shareholders at the same time.  If mgmt sees pharma success, then having 500e6 shares for a lead cannabis pharma participant will be peanuts given the market sizes.  But if they want to do a RS, they need to do it only once the SP recovers to a level where it would make sense to.....like say a buck or two.

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