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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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Post by subaru1 on Oct 22, 2021 4:46pm

Lawsuit

When i did my DD i went thrue all the news since the cie is public and i never seen anything on these lawsuits, can someone tells me around which date that came out so i can find the news.
Thanks in advance.
Comment by allibabba on Oct 22, 2021 6:34pm
Only one lawsuit and it's against hexo.  The had an agreement with a company that hexo bought out and did not fulfill the obligation once hexo took over.  Here is the Bloomberg article. https://www.google.ca/amp/s/www.bnnbloomberg.ca/medipharm-sues-hexo-after-claiming-breach-of-contract-for-9-8m-in-unpaid-bills-1.1380458.amp.html
Comment by mcamm10 on Oct 22, 2021 9:07pm
This post has been removed in accordance with Community Policy
Comment by mdjbrown on Oct 22, 2021 9:14pm
subaru1, all the information you need is available on SEDAR Thats the best place to find corporate tid bits. From the last financials: "The Group has gross trade receivables of $18,118 that are over 365 days overdue and are due largely from three customers. The Group initiated legal proceedings to collect $8,531 (Note 10) due from one of the customers and has not recognized any expected ...more  
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