Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 subaru1ion Jul 16, 2023 7:55am
104 Views
Post# 35543053

Now that the strategic manufacturing agreement with AVCN is

Now that the strategic manufacturing agreement with AVCN is 'expanded' we can now logically conclude that LABS had in the past a 'strategic manufacturing agreement' with Avicanna.   Expansion beyond the South American market where Avicanna is predominantly present would simply either mean North America and/or the EU to explain the "expanded" portion of AVCN's strategic manufacturing agreement with LABS.   Drug approvals in those markets, starting with commercialization of Trunerox will bring LABS into profitability or like the CEO said, 'if only one of these are approved it will change the face of the company'.   

I will be conservative and out of the over 20 clinical trials LABS is involved with I will give a 20% success rate for Phase 3, meaning 4 more new drugs would make it to commercialization phase.   

LABS has deleveraged their balance sheet, debt free, and is not encumbered with servicing any debt.  This means any incremental revenue will convert quickly to positive profits/EPS at the bottom line.

We can now look at the other end of the scale at WEED, negotiating a debt reduction plan at around 95 cents on the dollar and having to issue more stock, diluting shareholders further, basically trying to keep their heads above water while facing a delisting on NASDAQ.   

   

<< Previous
Bullboard Posts
Next >>