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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 Jun 09, 2021 3:48pm
136 Views
Post# 33356776

RE:from today news...

RE:from today news...For starters, what is the source of that data?  That may help explain or at least (in)validate the value.

That said, Europe but in this case Germany specifically have a longer history with non-pharma therapies than we here in NA.  Europeans don't tend to dive right into the pill bottle when they have an ailment and that culture starts right from the care provider themselves.  Got a tummy ache, over there they'd give you probiotics and tell you to eat rice and potatoes, here most people and Drs would tell your to head to the Imodium/Pepto aisle (although that itself is changing).

Point is, the 500EUR per month does seem high, but on the other hand, it is an average and some people do spend alot of their money on non-pharma therapies over there.....a couple of vials of high pot oil, some ointment etc can get you there.

cyberman wrote: "German patients spent an average of $500EUR per month, finished products and extract sales continue to gain market share."

really ? an average of Cdn$737.00 month ?? wow, i'd be pretty medicated then.

unless it's a typo as 50 euros is about Cdn$75.00 and i believe the Cdn average is approx $125.00 month.





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