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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 AADADuatoon May 03, 2023 4:29pm
120 Views
Post# 35428467

RE:RE:Waiting

RE:RE:Waiting

As a bull I encourage dip buyers. I did my fair share over the last year getting my cost basis down by a lot bc I believe this company isn't going BK . At this point I think that thesis is much stronger. 

Most longs here aren't concerned with any price changes in this range. It's just a matter of time before the company show's positive cash flow and the market (along with a sector shift) wakes up and there's panic buying. Bag holders will paper hand to smart money and the diamond hands get wealthy. 

Personally I'm loaded up with a very close to ITM cost basis and have no plans to sell until this investment matures or gets bought out. 

I encourage others in my position to take up other hobbies or if you're a trader, look at other short/ mid term trades. 

The earliest trial results labs is involved with won't complete until 2024 and more in the years to come. 

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