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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 Nov 14, 2024 11:23am
23 Views
Post# 36312815

RE:Why grumble .... LABS is improving ....

RE:Why grumble .... LABS is improving ....
prone wrote: --->Adjusted EBITDA(1): Negative $743K in the three months ended September 30, 2024 ("Q3 2024"), significantly improved from negative $2.4M during the same period in 2023 ("Q3 2023").

Net Revenue: $9.8M in Q3 2024, a 15% increase as compared to Q3 2023.

International medical cannabis revenue grew 37% versus Q3 2023 and represented 36% of revenues in the quarter.

Canadian medical and business to business sales represented 46% of total revenue in Q3 2024.


I grumble because they're not. 
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