Streetbeat News

MEDIF

Medipharm Labs Corp

https://ir.medipharmlabs.com/

Industry

Medicinal and Botanical Manufacturing

Open

0.05

Mkt cap

20M

Volume

50K

High

0.05

P/E Ratio

-1.67

52-wk high

0.07

Low

0.05

Div yield

N/A

52-wk low

0.04

MediPharm Labs Corp. has announced the launch of Canadian-produced GMP Beacon Medical cannabis oil and inhalation cartridges in the Australian medical marijuana market. The products include a high CBD Isolate oil, a balanced oil, and a THC dominant full spectrum oil. The company has started shipping inhalation cartridges to patients and plans to ship cannabis oils from Canada this week. MediPharm holds an Australian GMP license from the Therapeutic Goods Administration (TGA), complemented by its GMP status from Health Canada and the US FDA.

Portfolio Pulse from Jelena Martinovic

September 28, 2023 | 11:57 pm

MediPharm Labs Corp. (TSX:LABS) (OTCQB:MEDIF) has ended its royalty agreement with Shelter Cannabis for the Shelter Cannabis Brands IP portfolio. The supplementary agreement will improve the product line's gross margin, allowing MediPharm to invest more in the brand. MediPharm will continue to review its product categories and selling channels to optimize margins and streamline operations. The company's shares traded 1.35% higher at $81.99 per share during the pre-market session on Wednesday.

Portfolio Pulse from Jelena Martinovic

September 20, 2023 | 1:42 pm

The article lists the cannabis stocks that gained and lost on August 24, 2023. Notable gainers include EVIO, Red White & Bloom Brands, and CBD Unlimited. Major losers include Choom Holdings, Radient Technologies, and Target Group.

Portfolio Pulse from Benzinga Insights

August 24, 2023 | 9:30 pm

On August 23, 2023, several marijuana stocks experienced significant price movements. Notable gainers included Hemp (OTC:HEMP), 1933 Industries (OTC:TGIFF), and SLANG Worldwide (OTC:SLGWF), while notable losers included Red White & Bloom Brands (OTC:RWBYF), Heritage Cannabis Holding (OTC:HERTF), and CordovaCann (OTC:LVRLF).

Portfolio Pulse from Benzinga Insights

August 23, 2023 | 9:30 pm

The article lists the cannabis stocks that gained and lost on August 16, 2023. The biggest gainers were Red White & Bloom Brands, Target Group, and Khiron Life Sciences, while the biggest losers were EVIO, Tetra Bio Pharma, and Heritage Cannabis Holding.

Portfolio Pulse from Benzinga Insights

August 16, 2023 | 9:30 pm

Marijuana stocks showed significant movement on August 15, 2023. Notable gainers included Red White & Bloom Brands, GrowLife, and CBD Of Denver, with shares closing up 4900.00%, 42.00%, and 16.67% respectively. On the other hand, Hemp, Stem Holdings, and RIV Capital were among the biggest losers, with shares closing down 33.33%, 20.00%, and 18.12% respectively.

Portfolio Pulse from Benzinga Insights

August 15, 2023 | 9:30 pm

The article lists the cannabis stocks that gained and lost on August 14, 2023. Some of the biggest gainers include Choom Holdings, Zynerba Pharmaceuticals, and Maple Leaf Green World. On the other hand, Red White & Bloom Brands, GrowLife, and Tetra Bio Pharma were among the biggest losers.

Portfolio Pulse from Benzinga Insights

August 14, 2023 | 9:30 pm

MediPharm Labs Corp. reported Q2 2023 financial results, with revenue of CA$9.58 million, up from CA$4.36 million in the same period last year. The company also reported a gross profit of CA$855,000, an adjusted EBITDA loss of CA$3.19 million, and a net loss of CA$2.7 million. MediPharm completed its first commercial delivery to the US and closed the acquisition of VIVO Cannabis Inc. Despite these achievements, the company's shares were trading 7.97% lower.

Portfolio Pulse from Nina Zdinjak

August 14, 2023 | 2:13 pm

The article lists the cannabis stocks that gained and lost on August 11, 2023. Notable gainers include Australis Capital (OTC:AUSAF), StateHouse Hldgs (OTC:STHZF), and Hemp (OTC:HEMP). Significant losers include Chalice Brands (OTC:CHALF), Radient Technologies (OTC:RDDTF), and Maple Leaf Green World (OTC:MGWFF).

Portfolio Pulse from Benzinga Insights

August 11, 2023 | 9:30 pm

The article lists the cannabis stocks that gained and lost on August 10, 2023. The biggest gainers were Choom Holdings (OTC:CHOOF), Item 9 Labs (OTC:INLB), and Delivra Health Brands (OTC:DHBUF), while the biggest losers were CannTrust Holdings (OTC:CNTTQ), SciSparc (NASDAQ:SPRC), and Khiron Life Sciences (OTC:KHRNF).

Portfolio Pulse from Benzinga Insights

August 10, 2023 | 9:30 pm

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