MediPharm Labs Receives Award for CBD Brand of the Year

MediPharm Labs products
MediPharm Labs Receives Award for CBD Brand of the Year (CNW Group/MediPharm Labs Corp.)

BARRIE, ON –

MediPharm Labs Corp. (TSX: LABS) (OTCQX: MEDIF) (FSE: MLZ) (“MediPharm Labs” or the “Company”) a pharmaceutical company specialized in precision-based cannabinoids, is pleased to announce the recognition of CBD brand of the year from Kind Magazine, as voted by front line retail staff across Canada.

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“MediPharm Labs is honoured to be selected as CBD Brand of the Year for the second year in a row. The MediPharm Labs CBD SKUs lead our wellness line of products which is produced to a pharmaceutical quality standard in a GMP licensed facility. The addition of CBN Product of the Year and Kindest Health and Wellness Brand Award shows our focus on the wellness segment is resonating with consumers across Canada” said David Pidduck, CEO, MediPharm Labs. “The award being voted by front line staff of cannabis retailers is a testament to our pharma-quality brand to fulfill the wellness consumers needs.”

Kind Magazine is published across Canada and distributed in cannabis retail stores. The Kind Awards were determined by a panel of over 300 frontline cannabis retail staff. MediPharm Labs has built a reputation for pharma-quality CBD, THC, CBG and CBN oils, which consumers seek for wellness solutions. The advanced quality manufacturing process of MediPharm Labs has allowed us to achieve the number two spot in sales in the oil category, according to HiFyre data.

The Company looks forward to launching further innovative CBD and other wellness products to improve revenue from Canadian distribution. As well act as proof of concept for international distribution and large pharmaceutical and natural health product contract manufacturing service, in accordance with their unique GMP Drug Establishment and Natural Health Product manufacturing licenses.

About MediPharm Labs

Founded in 2015, MediPharm Labs specializes in the development and manufacture of purified, pharmaceutical-quality cannabis concentrates, active pharmaceutical ingredients (API) and advanced derivative products utilizing a Good Manufacturing Practices certified facility with ISO standard-built clean rooms. MediPharm Labs has invested in an expert, research driven team, state-of-the-art technology, downstream purification methodologies and purpose-built facilities with five primary extraction lines for delivery of pure, trusted and precision-dosed cannabis products for its customers. Through its wholesale and white label platforms, MediPharm Labs formulates, develops (including through sensory testing), processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets.

In 2021, MediPharm Labs received a Pharmaceutical Drug Establishment License from Health Canada, becoming the only company in North America to hold a domestic Good Manufacturing License for the extraction of natural cannabinoids.

Website: www.medipharmlabs.com

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