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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 JohnMayeron Mar 11, 2021 3:42pm
159 Views
Post# 32778038

Warrants appear to be the exponential play here

Warrants appear to be the exponential play herehttps://stockcharts.com/h-sc/ui?s=LABS.TO

There looks to be some upward momentum coming with this company.  Chart is showing a number of days with doji tails and is consolidating at the current level.  The recent financing at $0.58...  company will want those buyers to be made square so there's a gap up to there at least.  Chart also has a nice gap that needs back filling.  This could be played out two ways... buy the shares and look forward to a move to $0.65 before resistance hits.  Or buy the warrants at $0.075, which you can hold for the long shelf life or when the shares hit $0.65, these should be double where they are now, if not higher.

They're cashed up so more dilution is unlikely at this point.  Seems like a good play at these levels.
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