Medipharm Labs Corp T.LABS

Alternate Symbol(s): MEDIF

Healthcare Cannabis

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. It also sells metered dose inhalers and aerosol sublingual sprays. Through Harvest Medicine, it provides clinic services to Canadian patients requiring medical cannabis education and prescriptions.

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Medipharm Labs Corp

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Post by kejriwal123on Feb 02, 2020 9:08pm

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Post# 30631903

Beware A/R

Sell or wait 1.50 bottom
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As of September 30, 2019, Medipharm Labs had $40.7 million in outstanding trade receivables, a significant increase from the second quarter wherein the firm had receivables of $25.3 million. While aging data was not provided by the firm, the company identified that it carried “significant concentration of credit risk on outstanding receivables.” The firm perceived :

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