TORONTO, Nov. 9, 2018 /CNW/ -
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About MediPharm Labs Corp. (TSXV: LABS)
Founded in 2015, MediPharm Labs is a pioneer in the cannabis
industry and 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 Regulations (ACMPR) without first receiving a
cannabis cultivation licence. This expert focus on cannabis
concentrates from our cGMP (current Good Manufacturing Practices)
and ISO standard clean rooms and critical environments laboratory,
allows MediPharm Labs to work with its established, Health
Canada-approved cultivation partners to produce
pharmaceutical-grade cannabis oil with a competitive advantage.
MediPharm Labs is research-driven and focused on downstream
secondary extraction methodology, distillation, and cannabinoid
isolation and purification. MediPharm Labs provides B2B contract
processing of cannabis to Canadian authorized licensed producers
and appropriate international growers, supplying integrity-assured
cannabis oil to qualified companies for sale under their own brand.
In addition, MediPharm Labs will supply raw materials,
formulations, processing and packaging for the creation of
ready-to-sell advanced derivative products.
Through its subsidiary, MediPharm Labs Australia Pty. Ltd.,
MediPharm Labs has also completed its application process with the
federal Office of Drug Control to extract and import medical
cannabis products in Australia.
About TMX Group (TSX: X)
TMX Group's key subsidiaries operate cash and derivative markets
and clearinghouses for multiple asset classes including equities
and fixed income. Toronto Stock Exchange, TSX Venture Exchange, TSX
Alpha Exchange, The Canadian Depository for Securities, Montréal
Exchange, Canadian Derivatives Clearing Corporation, Trayport and
other TMX Group companies provide listing markets, trading markets,
clearing facilities, depository services, technology solutions,
data products and other services to the global financial community.
TMX Group is headquartered in Toronto and operates offices across
North America (Montréal,
Calgary, Vancouver and New
York), as well as in key international markets including
London, Beijing and Singapore. For more information about TMX
Group, visit our website at www.tmx.com. Follow TMX Group on
Twitter: @TMXGroup.
SOURCE TMX Group Limited