About MediPharm Labs
MediPharm Labs is a company based in Barrie (Canada) founded in 2016 by Keith Strachan. The company has 161 employees as of December 31, 2024. MediPharm Labs has completed 1 acquisition, including VIVO Cannabis. MediPharm Labs offers products and services including GMP Cannabis API, Formulated Oils, Capsules, and Vapes. MediPharm Labs operates in a competitive market with competitors including Holistic Industries, FarmaceuticalRX, Vertosa, Motif Labs and Nexien BioPharma, among others.
- Headquarter Barrie, Canada
- Employees 161 as on 31 Dec, 2024
- Founders Keith Strachan
- Stage Public
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Sectors
Healthcare
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Email
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Phone
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Website
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Social
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- Legal Name Medipharm Labs Corp.
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Annual Revenue
$29.16 M (USD)26.92as on Dec 31, 2024
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Net Profit
-$7.43 M (USD)18.26as on Dec 31, 2024
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EBITDA
-$6.33 M (USD)44.32as on Dec 31, 2024
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Latest Funding Round
$239.19 K (USD), Grant
Aug 19, 2021
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Investors
business.gov.au
& 1 more
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Employee Count
161
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of MediPharm Labs
MediPharm Labs is a publicly listed company on the TSX with ticker symbol LABS in Canada, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of MediPharm Labs
MediPharm Labs offers a comprehensive portfolio of products and services, including GMP Cannabis API, Formulated Oils, Capsules, and Vapes.
Provides bulk wholesale cannabis active pharmaceutical ingredients for medical use.
Offers oil-based cannabinoid extracts for consumption and wellness.
Delivers precisely dosed cannabinoid capsules for patient needs.
Produces inhalable cannabinoid products for quick absorption.
People of MediPharm Labs
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Funding Insights of MediPharm Labs
Investors in MediPharm Labs
MediPharm Labs has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include business.gov.au and MMJ Group Holdings.
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Support is provided for businesses in Australia through government resources.
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Investor details for MediPharm Labs
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Investments & Acquisitions by MediPharm Labs
MediPharm Labs has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include VIVO Cannabis.
Investment portfolio details for MediPharm Labs
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Health-based cannabis products are manufactured for medical use.
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Complete acquisition details for MediPharm Labs
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Financial Statements - MediPharm Labs
Detailed financials for MediPharm Labs
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Medipharm Labs Comparisons
Peer comparison for MediPharm Labs
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Competitors of MediPharm Labs
MediPharm Labs operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Holistic Industries, FarmaceuticalRX, Vertosa, Motif Labs and Nexien BioPharma, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Proprietary medical cannabis strains are developed and offered.
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Cannabis-based products including flower and concentrates are manufactured and supplied.
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Technology for active ingredients from infused hemp is provided.
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Cannabinoid extraction, purification, and formulation services are provided.
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Cannabis-based medical products are developed for treating various conditions.
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Detailed competitors of MediPharm Labs
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Latest news on Medipharm Labs
Complete news archive for MediPharm Labs
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Frequently Asked Questions about MediPharm Labs
MediPharm Labs was founded in 2016 and raised its 1st funding round 2 years after it was founded.
MediPharm Labs is headquartered in Barrie, Canada. It is registered at Barrie, Ontario, Canada.
As of Dec 31, 2024, the latest employee count at MediPharm Labs is 161.
Annual revenue of MediPharm Labs is $29.16M as on Dec 31, 2024.
MediPharm Labs was founded in 2016 in Barrie, Canada, and operates within the pharmaceutical sector. Cannabinoid-based products and active pharmaceutical ingredients are formulated, tested, processed, packaged, and distributed to domestic and international markets. Wholesale products are supplied, while clinical trials and academic partnerships are supported. Extraction and purification methods are employed to produce high-quality cannabinoid derivatives.
MediPharm Labs's top competitors include Holistic Industries, FarmaceuticalRX and Vertosa.
MediPharm Labs offers GMP Cannabis API, Formulated Oils, Capsules, and Vapes.
Yes, MediPharm Labs is publicly traded on TSX under the ticker symbol LABS.
MediPharm Labs has made 1 acquisition, including VIVO Cannabis.
MediPharm Labs has 2 investors. Key investors include business.gov.au, and MMJ Group Holdings.
The ticker symbol of MediPharm Labs is LABS on TSX.