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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 alleyesonmeon May 17, 2024 8:50am
59 Views
Post# 36045039

RE:RE:Notice

RE:RE:NoticeAgree, 745k land sale is the tip of the iceberg, conservatively, 10m for the actual facility, that's 100m share buyback at 10c, increasing everyone's ownership percentage by 25% including insiders who collectively own 19.56%....MPLs market cap is only around 35m and breakeven/profitability is around the corner.  8 consecutive quarters of ebita improvement ...yes the share price is terrible however the company is outperforming 98% in cash burn/ ebita/ gross margin...it's interesting despite it being printed in the MD&A, spoken on the CC we still have denyiers on the fact MPL has partners/Clients with new and novel drug  applications sitting in the FDA...MPL is killing it...share price isn't following..
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