re;
Very nice company here imo, the IPO was priced at $1.00 but if you notice, the 52wk low is $1.36.
Parent company Medicine Man Denver (MMD) has been called the Pot Superstore of Colorado and seems to be to 'go to' place for all major and national media and television coverage to get the best information on the business end of the industry. The founders started it in their garage when medical was legalized in Colorado like 14 years ago was it?
Once feds make mj legal, merging (MMD) into MDCL will be quick, simple, and has the potential to be one of the first 10 digit + market cap companies in the mj sector imo. Reason being is they already have 31 clients in 13 states that supporting and expanding the Medicine Man brand.
Don't quote me on this but if I recall correctly, Medicine Man Denver should be on track to do like $30MM in sales this year, but like I said, I could be off but know its up there.
Franchises and continuing education are going to be key to rapid expansion in the MJ sector and MDCL already has a business plan from A - Z to cover it.
Only 10MM shares o/s.
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