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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 > Avicanna financials released today Things looking up
View:
Post by mdjbrown on Apr 02, 2024 11:40am

Avicanna financials released today Things looking up

for companies competing in this sector

"Revenue growth of 314 per cent"


 https://www.stockwatch.com/News/Item/Z-C!AVCN-3531982/C/AVCN
Comment by Olaf123 on Apr 02, 2024 3:11pm
Avcn end cash position year 2023: 477,198. End cash q3 2023: 718.287 December 4th: 2,537,508 ‎‎units of the Company (the “Units”) at a price of $0.35 per Unit for aggregate gross proceeds of $888,127.80 Each Unit is comprised of one common share in the capital of the Company (each, a “Unit Share”) and one-half of one (0.5) common share purchase warrant of the Company (each whole ...more  
Comment by subaru1i on Apr 02, 2024 4:05pm
Problem with your 'analysis' is that you cannot see their purchase orders or 'order books' that starting driving the high growth numbers reported today.   It's not a matter of 'cash' or 'burn rate', it's a matter of if AVCN wants to go it alone against other global pharma giants that already have distribution net works and shelf space in all major ...more  
Comment by Olaf123 on Apr 02, 2024 4:18pm
What i'm saying is I speculate AVCN and MEDIF had discussion about M&A. They could not agree on the price. They both think they are undervalued. MEDIF knows they are really tight on money and might wait for a better deal. And we're doing that -- we're doing that on a licensing agreement perspective and looking at many deals with companies to do that, not in a full M&A ...more  
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