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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 subaru1ion Jan 16, 2024 5:03pm
105 Views
Post# 35830011

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

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

Redwine, you realize waiting until you see a 'breakout' might be too late for a couple of reasons.  With smart phones and apps, news travels and is dissipated extremely more quickly than 20 years ago giving you much less response time to news.  The other factor you should seriously take into consideration is if someone like Pfizer simply takes an equity position in LABS to consumate the partnership.  Pidduck has used the term partner many times and in that scenario the stock could close at .07 and open the next day at +$2.   That is why when investing seriously I do NOT bring any technicals or waiting to see something on a stock chart.   The other factor you are missing, the stock price is being illegally held down by AI trading.   But history has shown, when caught red handed, the penalty for illicit market activities ends up a slap on the wrist with the perp holding onto the lions share of their ill gotten gains.  

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