Medipharm Labs Corp T.LABS

market has over reacted according to this article

[madtrader2]

https://technical420.com/cannabis-article/despite-a-massive-drop-in-domestic-revenue-medipharm-labs-has-several-catalysts-for-growth-on-the-international-side-of-the-business/

[NSPfacts]

This post has been removed in accordance with Community Policy

[Righttothetop]

Given the article is paid for, not sure it's a trustworhy. I've taken a good bath on LABS, and while I still believe they executed their general strategy well, blocking and tackling is also needed to run a business and that's what was missed here.  You can sign agreements to the 4 corners, but if you're also not focused on the basics of sales, then you won't do well...or

[Lemoyne]

"Number three and in recognition that we can’t cut our way to growth, we recently made significant enhancements to our sales and marketing strategies." cc transcript Q32020 At this point, I'm hoping for flat results in Q4. For sure this is undervalued in terms of assets (Facilities in CA and AUS, GMP certs, Contracts with big pharma, cash position) but the reality is, revenues aren

[flad101]

So expect more downfall. Covid is ramping up and the markets can expect another shutdown.  That will bring Medipharm down. There will be a tax loss sell off in December.  Once Medipharms cash and assets start to dry up and they look to raise more capital to make sure the executive get paid. underwriters will short the shares and then cover with a bought issue. Hence the executives and

[Starkicker]

And Aurora.

[Lemoyne]

Covid causing another market shutdown in canada is not guaranteed. Raw numbers for daily cases are way higher than first wave but severe cases/ hospitalizations and deaths are way lower. This means most of the cases are mild/ young people and are detected because of increased surveillance. Dilution is a big concern, totally agree with you on this point. But I doubt it will happen before Q1

[Lemoyne]

Also, I don't know about price compression for CBD isolate, but at current prices (55$ for a gram for OKANAGAN brand CBD) it looks pretty good in terms of margins vs USA where they sell a gram for 20-25USD. Does anyone know how much LABS sells its 500mg CBD isolate?

[Lemoyne]

Oh, just popped on BCcannabis, 50$ for 0.5 grams. We'll see how that goes.

[lscfa]

Ace Valley gummies made by Medipharm on BC and Alta sites too.  

[lscfa]

$50/0.5 gm Alberta Cannabis store......