for a lab...they must be doing good in comparison to the actual growing part of this market or the lp's
the focus of this lab is:
"Founded in 2015, MediPharm Labs specializes in the production of purified, pharmaceutical quality cannabis oil and concentrates and advanced derivative products utilizing a Good Manufacturing Practices certified facility and 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, sensory-tests, processes, packages and distributes cannabis extracts and advanced cannabinoid-based products to domestic and international markets.
I would have thought the real money in cannabis oil production would be the actual production of the cannabis oil...
which I would have guessed that,the LP's would have under taken this part of the business themselves rather than give away a large portion of the profit potential they had.
The fact that someone owes these guys approx 10 million bucks for oil they produced formulated,and extracted ,packaged and distributed
on behalf of the grower ....really indicates that these Lp's are not thinking clearly about what portion of the cannabis market has the potential to make them sustainable long term revenue generation...
I would think the shelf life for extracted oils would far exceed that of packaged flower
