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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 srtman03on Jan 13, 2024 5:11pm
80 Views
Post# 35825383

RE:RE:TD Bank gives a current book value of $0.20 for LABS !! :)

RE:RE:TD Bank gives a current book value of $0.20 for LABS !! :)
subaru1i wrote: In the world of currency trading there is a mechanism by which that market maintains efficiency and that is by way of 'arbitrage' trading.   That also applies here in this example where one of the largest banks in Canada values LABS at $.20 while we the collared stock price by algorithm trading sits at $.07.   Easy math says that's nearly a 200% gain and logic says that with news that gain becomes orders of magnitude greater.  

"Time to tell family and friends to buy some LABS".

Sure looks undervalued to me at this level with the amount of cash on hand !!!

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