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MEDIF

Medipharm Labs

$0.00 /

+ (+0.00%)

07:57
03/25/20
03/25
07:57
03/25/20
07:57

Medipharm ships cannabis topicals, accelerates development to expand presence

fMediPharm Labs Cor announced it has completed its first shipment of bottled cannabis topicals under a contract manufacturing agreement. The Company also announced it is accelerating its research and development program to expand the Company's presence in the growing Canadian, and future international, medical and adult-use topicals markets. Leveraging the Company's 25,000 sq. ft. licensed space, the Company completed its first shipment of topicals from its GMP-certified Barrie facility this week including the filling and packaging on behalf of its customer. The topicals, shipped yesterday, will be distributed to final medical or adult-use purchasers directly by the customer. The Company's focused R&D effort is dedicated to creating base compounds that are the foundation of cannabis topicals such as lotions, salves, gels and creams. The Company would look to commercialize its in-house developed compounds initially within Canada, and then in other international markets where permissible. In Canada, MediPharm Labs' home country, cannabis-infused topicals are already legal providing an excellent near-term market opportunity. MediPharm Labs believes as new jurisdictions legalize cannabis concentrate products, including topicals, it is ideally positioned to become an essential part of the global topicals supply chain with its GMP-certified production capabilities, product traceability, manufacturing scale and deep knowledge of cannabis science.

MEDIF Medipharm Labs
$0.00 /

+ (+0.00%)

08/07/19 Roth Capital
Medipharm Labs initiated with a Buy at Roth Capital

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Technical Analysis
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Conference/Events
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General news
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General news
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Options
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Hot Stocks
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Recommendations
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Recommendations
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Conference/Events
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Hot Stocks
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Recommendations
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