MEDIF Stock Gains After a Manufacturing Agreement with Cronos

MEDIF stock

MEDIF stock is gaining momentum in early session on Thursday after MediPharm Labs (TSX:LABS) (OTCQX:MEDIF) has signed a multi-year contract manufacturing agreement with Cronos Group (TSX:CRON) (NASDAQ:CRON). However, CRON stock tumbled following the news.

A Major Boost for MediPharm

Among the many cannabis companies that have come up over the past few years, MediPharm is one of the most interesting ones. It is not directly involved in cultivating cannabis but instead in providing extraction services to some of the biggest cultivators in the industry.

Today, the company made a significant announcement as it unveiled ...

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