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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

Medipharm Labs Corp > Shuttered Hope BC.
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Post by alleyesonme on Jun 06, 2024 2:53pm

Shuttered Hope BC.

Facility is closed...I can't find any history of it being for sale...let's sell it and use the proceeds for a share buyback..this share price is admittedly undervalued and Pidducks YE comments is a encouraging sign something will be done about this....patiently wait we will but let's get on with the normal course issuer bid and get some of those shares issued for the Vivo acquisition back with the sale of Vivo assets...something's going on here for sure....
Comment by mdjbrown on Jun 06, 2024 4:17pm
alley, you werent kidding when you say not much in the way of info on the property. Is Canna Farms shut down now, or is it just the grow op facility? https://www.google.com/search?q=61614+yale+road+hope+bc&rlz=1C1CHBF_enCA923CA923&oq=61614+Yale+Road+&gs_lcrp=EgZjaHJvbWUqBwgBEAAYgAQyBggAEEUYOTIHCAEQABiABDIKCAIQABiABBiiBNIBCTM4MzBqMGoxNagCCLACAQ&sourceid=chrome&ie=UTF-8 ...more  
Comment by alleyesonme on Jun 06, 2024 8:10pm
Yeah it's on Yale rd in hope BC, found it on google earth, cannafarms, first licensed facility in BC, sold to VIVO for 100+m...13000 kg a year flower+processing packaging....I don't believe they would close the facility without a plan for the property, if not for sale it must be apart of some other negotiations. IMO..the only related material info related to hope the expectation of a ...more  
Comment by mdjbrown on Jun 06, 2024 8:44pm
Really quite mind blowing alleysome, when considering VIVO paid $133 million for Canna Farms, and 5 years later Medipharm acquired VIVO for a small fraction of that cost. Acquisition  •   Aug 31, 2018      VIVO Cannabis Inc. acquired Canna Farms Ltd. for $133,000,000