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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 alleyesonmeon May 16, 2024 11:25pm
167 Views
Post# 36044741

Hope facility

Hope facility Yeah, it's referred to as a land sale, "expected to close within the next 12months" they also mention leased equipment obligations, the facility has already been shuttered, activities are being absorbed in two remaining facilities...Hope is a GMP licensed facility recently renewed until 2027, 47000 sqft, it'll be interesting to see what MPL gets for it...I can't imagine they plan to hold onto it...if it was just a sub divided parcel of land you would think it would be publicly listed,  this property is along the Fraser river and like all real estate in the Fraser valley, high demand..the catalysts are in view..it's hard being patient. The upside is enormous..
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