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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 QContinuum1on Jul 30, 2024 12:00pm
133 Views
Post# 36154522

RE:RE:RE:Q2 Earnings

RE:RE:RE:Q2 Earnings
CADInvestor12 wrote: Seeing Tilray's international medical cannabis sales drop QoQ is concerning since they operate in the same countries as MPL. We'll see what ends up happening but I'm getting restless while waiting lol. 


The LABS CC will simply refer to 'market lumpiness' as the reason.  Strachan loves this since it doesn't mean a damn thing apart from they have no idea what happened and ultimately where they're going.

We can hope that perhaps the LABS market(s)/partners were a bit more mature than Tilray say and they avoided the weakening somewhat, but of course Tilray gives them a big green light to blame jurisdication dynamics on a potential poor performance.

As I said earlier, Drobinonol alone should make normal international sales look paltry by comparison.  If they didn't hit that out of the park, then this is one question that needs to be asked certainly.
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