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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 srtman03on Jan 12, 2021 7:05am
107 Views
Post# 32273906

RE:RE:RE:RE:RE:RE:Houston we have Ignition !! Go Labs Go $$$$

RE:RE:RE:RE:RE:RE:Houston we have Ignition !! Go Labs Go $$$$REPEAT - MediPharm Labs Ships Company Record 550,000 Units in Q4 2020 Tuesday, January 12, 2021, 7:00 AM ET REPEAT - MediPharm Labs Ships Company Record 550,000 Units in Q4 2020 Expands Health and Wellness Product Portfolio, Distribution Partnerships and Sales Team -- Total units shipped up 205% over Q3 2020 as production takes flight for many top cannabis brands -- MediPharm Labs CBD50 brand ranks #3 in CBD oil and #5 in oil category in Ontario Cannabis Store sales -- New provincial supply agreement with Nova Scotia Liquor Corporation -- First and only producer to launch consumer sized 99% pure CBD Isolate in Canada BARRIE, Ontario, Jan. 12, 2021 (GLOBE NEWSWIRE) -- MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) ("MediPharm Labs" or the "Company"), a global leader in specialized, research-driven cannabis extraction, distillation and derivative products, achieved Company record finished goods shipments of 550,000 units in the fourth quarter of 2020. These results and the update that follows reflect corporate progress of the Company's Canadian domestic business only. The Company will provide a separate update on the progress of its Australian and international businesses. "Shipment volume is a key measure that illustrates growing market demand and our ability to meet that demand through our GMP-certified facilities, " said Keith Strachan, President and Interim CEO, MediPharm Labs. "This new milestone is something to celebrate but also to surpass as we focus all efforts on accelerating growth and improving profitability in 2021 consistent with the action plan introduced in November."
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