At close of market on Tuesday, Medipharm Labs Corp – Ordinary Shares (OTCQX:MEDIF) stock finished trading at -6.08%, bringing the stock price to $4.48 on the OTCQX Marketplace. The stock price saw a low of $4.35 and a high of $4.76.
The company’s stock was traded 951 times with a total of 696,893 shares traded.
Medipharm Labs Corp – Ordinary Shares has a market cap of $515.6 million, with 115.1 million shares in issue.
MediPharm Labs Corp has the distinction of being the first company in Canada to become a licensed producer for cannabis oil production under the Access to Cannabis for Medical Purposes Regulation without first receiving a cannabis cultivation license. The focus on cannabis concentrates from current Good Manufacturing Practices and ISO standard clean rooms and critical environments laboratory, allows MediPharm Labs to produce purified, pharmaceutical-grade cannabis oil and concentrates for derivative products. The company has invested in research-driven team, technology, downstream extraction methodologies and purpose-built facilities to deliver safe and precisely-dosed cannabis products to patients and consumers.
