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MediPharm Labs posts 8% revenue growth in 2025, driven by 43% rise in international medical cannabis sales

Company Fundamentals
30 Mar 2026
GlobeNewsWire
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Bullish
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MediPharm Labs reported $45.1 million in revenue for 2025, up 8% from 2024, with international medical cannabis revenue surging 43% to $25.2 million, making up over half of total sales. The company ended the year with a strong balance sheet, holding $10.8 million in cash and virtually no debt, supported by cost controls and asset monetization. Looking ahead, MediPharm plans to expand its product portfolio and geographic reach, targeting markets like Brazil, France, and New Zealand while maintaining disciplined growth. This performance highlights MediPharm's focus on responsible growth and long-term value creation in the regulated medical cannabis sector.

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