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MediPharm Labs Shows Strong Q3 Growth
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MediPharm Labs Shows Strong Q3 Growth

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MediPharm Labs (TSE:LABS) has released an update.

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MediPharm Labs reported a notable increase in its third-quarter net revenue, driven by a strong 37% growth in international medical cannabis sales. The company has successfully eliminated its convertible debt, showcasing a solid financial position with production efficiency and cost reductions contributing to a 29% improvement in gross profit.

For further insights into TSE:LABS stock, check out TipRanks’ Stock Analysis page.

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