Maximum Yield's Industry News December 2018 - Page 50

Purity ASSURED Offering international quality standards to the cannabis industry with our purified cannabis concentrates 151 John Street, Barrie ON • 1-705.719.7425 4 years in business • What did MediPharm’s founding partners do before starting MediPharm Labs? Founded in 2015, MediPharm Labs is a pioneer in the cannabis industry and has the distinction of being the first company in Canada to become a licensed producer for cannabis oil production under the Access to Cannabis for Medical Purposes Regulations (ACMPR) without first receiving a cannabis cultivation licence. This expert focus on cannabis concentrates from current Good Manufacturing Practices and ISO standard clean rooms and critical environments laboratory allows MediPharm Labs to work with its established cultivation partners to produce pharmaceutical-grade cannabis oil with a competitive advantage. MediPharm Labs is research-driven and focused on downstream secondary extraction methodology, distillation, and cannabinoid isolation and purification. Sybil Taylor, MediPharm’s chief marketing officer, answered our questions. 50 Maximum Yield Prior to launching MediPharm Labs, our founders served various roles within the pharmaceutical space, specifically Pat McCutcheon who worked at Jansen Pharmaceuticals (Johnson & Johnson) where he led the Hospital Division for Renal and Mental Health products. MediPharm’s other founder, Keith Strachan, is a supply chain management expert having held various procurement positions in different ministries/agencies including correctional services, policing, transportation, and health care. What inspired the founders to enter the cannabis industry? Having a deep understanding of the pharmaceutical space and supply chain management, the founders observed the amount of vertical integration taking place within the industry and hypothesized that the supply chain would evolve into a horizontal model, allowing for companies to demonstrate excellence within their respective supply chain vertical or discipline. MediPharm was born out of a focused approach to excel at the highest value segment of the cannabis supply chain. Where and when did MediPharm begin? In 2014, Pat introduced the industry to Keith and they started to discuss the concept of MediPharm Labs and how it can deliver a differentiated service and product to the cannabis space in Canada. The business was incorporated in 2015 and planning began on the first state-of-the-art facility in Barrie, Ontario, Canada.