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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

Comment by Righttothetopon Nov 18, 2020 7:41am
223 Views
Post# 31920637

RE:market has over reacted according to this article

RE:market has over reacted according to this articleGiven the article is paid for, not sure it's a trustworhy.

I've taken a good bath on LABS, and while I still believe they executed their general strategy well, blocking and tackling is also needed to run a business and that's what was missed here.  You can sign agreements to the 4 corners, but if you're also not focused on the basics of sales, then you won't do well...or at least shareholders won't.

If there is any salve in any of this, it seems as if it settled at this SP for the time being.  We can only hope it stays stable here through tax loss and next Q numbers.  Hopefully by then things will be a little more positive. 


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