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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 deadlockon Jan 19, 2023 9:09am
249 Views
Post# 35232750

My completed Cannabis peer valuation table is posted

My completed Cannabis peer valuation table is postedAvailable at MicroCap.com/PDF - it is too large for here and I also cannot get images to display on this board. Most of the companies are drowning in debt while Cronos Group (CRON:TSX $3.35 / NASDAQ) & MediPharm Labs (LABS:TSX $0.07 / OTCQX) are "notably" attractive risk/reward. 

The table tracks the 19 primary players in this industry that are listed in Canada (several dual listed in the U.S.). Financials are current to the most recent publicly filed quarter. Table is sorted by EV to Sales multiple but also pay close attention to the columns showing (1) Market Cap to Adjusted Book Value (2) Enterprise Value and (3) Debt. As I noted last week, the heavy debt load for many of these companies is a glaring risk of further capital losses.

It is worth noting that the large majority of these companies have seen 90% of their share price eroded since Q1/21 when the sector peaked. And it is estimated investors have lost $130 BILLION on this sector over the past few years.

That being said... astute investors will look forward vs back and will recognize value here in select companies. The days of grossly over-valued acquisitions are over as is "growth at any cost". Now these companies must learn to turn a profit - or die.


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