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MediPharm Labs Update on $9M Settlement Agreement - All Tilray Shares Sold and Converted to Cash

Newswire.ca - Wed Oct 25, 2023

TORONTO, Oct. 25, 2023 /CNW/ - MediPharm Labs Corp. (TSX: LABS) (OTCQB: MEDIF) (FSE: MLZ) ("MediPharm", "MediPharm Labs" or the "Company") a company specialized in precision-based cannabinoids, is pleased to announce it has now received $7.27 Million in gross cash proceeds from the settlement agreement announced on October 2, 2023 (the "Settlement Agreement") to resolve  a claim in connection with a commercial agreement dispute. Additional consideration includes products and services described below.

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