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Bullboard - Stock Discussion Forum 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,... see more

TSX:LABS - Post Discussion

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Comment by lscfa on Dec 23, 2020 11:44am

RE:Sales up 5 % for October !!!

Bloody mgmt need to provide updates like the one below.....



High demand for Premium 5 products has resulted in provincial purchase orders nearing $10 million since launching sales in June 2020 and growing each month to an annualized run-rate of approximately $20 million. The launch has been met with strong consumer acceptance as highlighted by sustained re-order rates across Canada including over $2 million in the month of December.

Comment by lscfa on Dec 23, 2020 11:56am
another e.g....... "Phyto products have been showing outstanding sales growth quarter-on-quarter with an increase of 97% from Q2 to Q3 of 2020. Over 48,000 units of Phyto concentrates products were sold to the Provinces and retailers in October alone." .
Comment by gainwidpatience on Dec 23, 2020 12:07pm
Big dump from $0.55 to $0.50 with 1.5m volume the other day is a clear signal for downtrend. That's why the stock didn't go up even when weed stocks are up today!
Comment by allibabba on Dec 23, 2020 12:50pm
Avicenna had 800k in revenue on their last quarter in Sept.
Comment by Lemoyne on Dec 23, 2020 1:45pm
This post has been removed in accordance with Community Policy
Comment by allibabba on Dec 23, 2020 2:29pm
Correct, but LABS doesn't do photo extraction do they?  If I'm not mistaken that hydrocarbon extraction for crumble etc?
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