Cannabis Concentrates slide image

Cannabis Concentrates

International Growth Strategy First Move: Australia MediPharm Labs is in active conversations regarding the importing and exporting of medical cannabis where federally permissible. MediPharm Labs Australia Pty. Ltd. is MediPharm Labs' majority owned (80%) subsidiary. Land has been purchased and construction is underway at the MediPharm Labs Australia facility, the first step in the Company's international growth strategy. A manufacturing licence application is currently being reviewed by the Australian Office of Drug Control. Facility is anticipated to be operational in Spring 2019 pending licensing. The facility in Australia is designed to produce the same pharmaceutical grade cannabis oil as MediPharm Labs' purpose-built facility in Barrie, Ontario. Management expects the site, which is 1 hour south-east of Melbourne, to act as an import and export hub, subject to licensing, until such time as Australian domestic- patient-demand warrants dedicated production activities. Corporate Organizational Chart MEDIPHARM LABS CORP. (ON) PUBLICLY TRADED COMPANY MEDIPHARM LABS INC. (ON) LICENSED COMPANY 100% 100% MPL PROPERTY HOLDINGS INC. (ON) HOLDING PROPERTY 80% MEDIPHARM LABS AUSTRALIA PTY. LTD. (AUSTRALIA) TSX-V: LABS MediPharm Labs | 10
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