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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. 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.


TSX:LABS - Post by User

Bullboard Posts
Comment by Geo1967on Mar 30, 2020 12:40pm
263 Views
Post# 30860437

RE:Drop??

RE:Drop??

 

few things in play here, LABS earnings are below expectations by many shareholders, but really doesn't matter because it ALWAYS gets sold off after they report. Next, this is a sector that is all about shorting and flipping for quick profits. I believe long term they are executing and will pay off if you hold, I have to read thru financials today. Lastly, you ever wonder who is selling at these levels which is ~72% down PPT, it's the warrant holders who have a cost basis of $0.84, Got little under 1 year to convert their warrants. But everything has to wash out eventually, new business with ups and downs


Hurricanekevin wrote: Everyone seems optimistic and results didnt seem to look bad ar a quick glance - why the drop in SP today if soneone has sn intelligent response with regards to results would appreciatevir 

 

Bullboard Posts