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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

Post by allibabbaon Nov 17, 2020 4:47pm
909 Views
Post# 31918871

Moving on!

Moving on!Well folks, I'm sure most of you will say good riddance, but i have decided to move on.  At this point I don't see this ever getting back over 1.25 so I am cutting my loss and moving on to EV battery play.  After a lot of thought and research, what I've come up with is that price compression will continue until there are only a few BIG players left that will supply the market.  LABS will not be in a position to compete.  At the end of the day, pot can be grown outdoors same as corn, soybeans or any other food crop.  Extraction is extraction.  There is no reason for CBD or ThC oil to be any more expensive than at 10 dollar Jamieson container of 100 fish oil capsules or a bottle of olive oil.  That's what will happen here in my opinion, just look at the US legal states and you will see how the price of mj goods have dropped in price by 80 percent since they first came out.  I sincerely wish you all luck, I am taking this as a learning lesson and will move on to bigger and better things.
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