Medipharm Labs Corp T.LABS

Alternate Symbol(s): MEDIF

Healthcare Cannabis

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.

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Medipharm Labs Corp > No meat on the bone

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Comment by lscfaon Apr 26, 2021 11:27am

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RE:No meat on the bone

Poorly written NR. It sounds like co. just added 9 countries. It should have read co. just added Malta, bringing to 9 the counties it now exports to. The other countries like Germany, Peru were previously announced.

PUNJABI wrote: The headline looks great nine countries added. But what does it all really means? If this is not just fluffed hyped then why don't they add actual figures and projections as to how much revenue they have added and how it will improve the bottom line or reduce the burn rate.

The need to come out will improve financial projection some guidance that they have turned the corner.

If any of these contracts were half decent they would have indicated that in the news.