Adam JacksonMarch 28, 2023
The merger with MediPharm Labs is expected to close within weeks.
Tag: MediPharm
Adam JacksonMarch 28, 2023
StaffDecember 22, 2022
The Daily Hit is a recap of cannabis business news for Dec. 22, 2022. ON THE SITE Trulieve Settles Worker Death Investigation With OSHA Florida-based Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) announced Thursday that it’s reached a deal with the federal government that will ramp up worker protections at its manufacturing facilities nationwide. The […]
StaffMarch 31, 2021
MediPharm Labs Corp. (OTCQX: MEDIF) announced its financial results for the three and twelve months ending December 31, 2020. Revenue increased 22% sequentially in the fourth quarter to $6.1 million versus $4.9 million but was substantially lower than 2019’s fourth-quarter revenue of $32 million. The net loss before tax in the quarter was $30.9 million […]
Debra BorchardtNovember 16, 2020
MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) announced its revenues fell to $4.9 million for the third quarter ending September 30, 2020, versus $13.9 million for the second quarter of 2020. This was a massive decline from last year’s revenue of $43 million for the same time period. The company also delivered a net loss […]
Debra BorchardtJune 8, 2020
MediPharm Labs Corp. (OTCQX: MEDIF) closed a private placement with an institutional investor for gross proceeds of C$37,822,500. The company said it plans to use the money for general corporate purposes, including building on the launch of its Cannabis 2.0 offerings with new product formats and expanding its product and Active Pharmaceutical Ingredient exports. “With […]
Debra BorchardtAugust 12, 2019
It’s time for your Daily Hit of cannabis financial news for August 12, 2019. On The Site CannTrust After the market closed on Friday, CannTrust Holdings Inc. (NYSE: CTST)said it received a report from Health Canada telling the company that “Its manufacturing facility in Vaughan, Ontario has been rated non-compliant with certain regulations.”CannTrust stock is dropping over 25% to lately trade […]
Get the latest cannabis news delivered right to your inbox
Unpack the industry with the daily cannabis newsletter for business leaders.