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Bullboard - Stock Discussion Forum 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,... see more

TSX:LABS - Post Discussion

Medipharm Labs Corp > Where in god’s name
View:
Post by allibabba on Jun 08, 2023 4:27pm

Where in god’s name

Is the money from Hexo!  This market and the world in general is an absolute farce.  How can an appeal of a favourable judgment take this long.  Ridiculous.
Comment by allibabba on Jun 08, 2023 4:31pm
They're obviously trying to get it reduced.  Just take the 5 or 6 million an move on already.
Comment by Redwine12345 on Jun 08, 2023 5:07pm
Take every penny from them. They are going to be bought out.
Comment by mdjbrown on Jun 08, 2023 6:50pm
allibabba, HEXO's court appeal is not scheduled to be heard until mid August. "During Q2 of 2022, we received a favorable summary judgment with respect to this legal proceeding awarding MediPharm $9.8 million. Subsequent to the summary judgment, the customer appealed the decision and a court date has been scheduled for August 14th, 2023."
Comment by allibabba on Jun 08, 2023 7:13pm
Thanks for that.  I somehow missed that.  It's an absurd amount of time either way.  
Comment by subaru1i on Jun 09, 2023 8:41am
The delay variable could be acquistion of a court date that is causing an extended period of time. 
Comment by subaru1i on Jun 09, 2023 8:43am
'god' in terms of your understanding on this Planet is not a singularity, please apply the method of common denominators or commonalities of life to refine your state of existence.   
Comment by mdjbrown on Jun 09, 2023 10:33am
No worries allibabba   There is no question the court process is a very slow moving machine HEXO's appeal was originally scheduled for May 23 if I recall, and that hearing date was extended until August 14. With Tilray taking out HEXO and this court ordered debt on the books, it wouldnt surprise to see it settled prior to the court date. The Tilray takeover of HEXO is expected to ...more  
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