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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 okgonowon Oct 02, 2023 1:35pm
150 Views
Post# 35665319

one more thing

one more thingthe chances of Tillray (Hexo) winning on an apeal were slim leaning heavily to none as this suit didnt even go to Trial 

I
LABS was awarded a summary judgement by the court which  meens that Hexo had 0 evidence to support any of their claims 

 Pursuant to Rule 20.04(2) of the Rules of Civil Procedure, the court shall grant summary judgment if it is satisfied that there is no genuine issue requiring a trial with respect to a claim or defence.  The rule includes fact-finding powers under Rules 20.04(2.1) and (2.2) to weigh evidence, evaluate credibility, and draw inferences, provided that their use is not against the interests of justice.


the judge even thought about a mini trial but decided:


However, I have concluded that it is not in the interests of justice to do engage the power to hold a mini-trial.  Mitigation should not have been an unanticipated issue on this motion for summary judgment.  It is for Hexo to prove a failure on the part of MediPharm to mitigate.  It was incumbent upon Hexo to adduce the evidence necessary for the court to adjudicate on this issue.  This could have easily been accomplished during the cross-examination of Mr. Shehata but was not.
 

HEXO got smoked in all areas of the Summary judgement and would have in the apeal as well !
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