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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 mdjbrownon Apr 02, 2024 11:29am
53 Views
Post# 35965213

RE:RE:RE:RE:RE:Insider trading.

RE:RE:RE:RE:RE:Insider trading. As alley said okgonow, insiders have arrangements to protect them if selling shares during a "material event" or cooling off period.

The execs at Medipharm are far to experienced to risk regulatory sanctions for insider trading on material news not made public.

"A complete 10b5-1 plan will include the number or dollar value of shares to be sold, the sale date, and for a limit order, the dates the order will remain open. Once in place, the executive, or any other person who may have material nonpublic information, may not change the parameters of the plan."

"Companies that facilitate the sale of shares to cover tax withholdings due in connection with the vesting of restricted stock or restricted stock units (a “sell-to-cover”) would need to ensure that the required cooling-off period has been met between the award holder's entry into the Rule 10b5-1 sell-to-cover .."

 
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