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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 AwareInvestoron Aug 16, 2021 8:53am
376 Views
Post# 33708939

MediPharm Labs Revenues Continue To Decline, Posts Negative

MediPharm Labs Revenues Continue To Decline, Posts Negative
Medipharm Labs this morning continued to show its desperate need for effective leadership. The company posted yet another quarter of declining revenues and negative margins, posting just $5.1 million in revenues for the second quarter along with a loss of $11.8 million.
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