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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 CADInvestor12on Jun 13, 2024 4:47pm
55 Views
Post# 36087983

RE:Then consider the comments here towards management

RE:Then consider the comments here towards management You are spewing absolute garbage, and have no idea what you're talking about. Medipharm and VIVOs COMBINED OPEX is 10% lower than when Medipharm operated standalone. In your mind, reduced input costs from vertically integrating, improved plant utilization, new revenue streams (international & direct to patient) delayed profitability? Take a look at their margin improvements QoQ post acquisition. Yes, dilution sucks but in the current environment cash is king and using equity was a prudent decision. The VIVO deal laid the foundation for the company prosper. Management also aimed for positive EBITDA & cash flow in FIRST HALF 2024 which includes the current quarter, and we are trending in that direction. Senior management has executed on delivering tangible improvements to the business and should be commended.
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