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Mednow Inc. V.MNOW

Alternate Symbol(s):  MDNWF

Mednow Inc. is a Canada-based healthcare company. The Company has developed a Web and mobile application to facilitate the sale and distribution of prescription medications, and the delivery of virtual care and telemedicine services. Its application is accessible and compatible with the Internet browsers Apple Safari, Google Chrome, Mozilla FireFox, and Microsoft Edge on mobile phones and on personal computers. Through its technological infrastructure, the Company provides customers with a convenient and secure way to fill, order, receive and manage their prescriptions. The Company owns and operates retail brick-and-mortar pharmacies that are located in British Columbia, Ontario, Manitoba and Nova Scotia. It offers doctor services, such as virtual care and telemedicine services, as well as doctor home visits for patients in Ontario who are unable to leave their homes. The Company also offers free at-home delivery of medication.


TSXV:MNOW - Post by User

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  • thelostarcX
Post by thelostarcon Jan 27, 2022 11:23pm
860 Views
Post# 34369800

Value here?

Value here?$20MM market cap with nearly $15MM cash and a stable pharmacy business with a run-rate of $30MM? Are they burning cash, leading to the low valuation or has the market missed something here? Physical clinics and digital pharmacy, seems durable enough. One of the best work cultures in Canadian start up seen, seems like a vote of confidence for management. What do people think?
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