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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 Lemoyneon Jun 20, 2024 7:47am
78 Views
Post# 36097422

RE:Remidose

RE:RemidoseRemains to be seen how Labs leverages this. But for now:
  1. This is non dilutive
  2. Is fully complementary with labs offerings, not competing with current brands and lines of product.
  3. No significant capex to bring in manufacturing inhouse. Therefore optimizing labs facilities utilization without splurging cash.
  4. Has current sales, however small they may be.

Considering labs has not disclosed sales amounts and this looking like wildlife deal, remidose was probably on the verge of collapse. Removing all costs related to remidose facilities, mgmt, hr might make this an interesting opportunity.
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