Medicine Man Technologies Inc (SHWZ)

[Fallingknife75]

It is odd that CDEL continues to put large blocks (25-50k) on the Ask, why aren't they breaking them into smaller pieces? The buyers keep taking them out, so no issue there it is just unusual.

All the best,

Knife

[Gee4030]

Still someone dropping huge chunks into the buying…..crazy

[Fallingknife75]

Broke through 500k in volume, beautiful.

Good times,

Knife

[In Plain Sight]

No, you didn't take any heat for what you didn't write, it was for what you did write when you suggested there was/would be insider selling with no proof while then following an admitted pattern of day trading. No whitewashing your poorly moderated and now self-serving attempt to rewrite YOUR recent history here is needed.

[StevenRisk]

Closing in on 500k volume.. looking more n more like this has more legs to run further without any new laws.

[Drugdoctor]

I took a lot of heat for suggesting the insiders put their money where their mouth was, saying the stock was undervalued and not buying any... Well... it looks like I was right. Let's go to $3.00 now...

[WarrenWannaBe]

I have stated before that I own many, many pot stocks. But SHWZ is the only one I still have confidence in. I have hope for all of them but SHWZ is the only one that is run without counting on the hype of the industry. As I listened to that podcast and he spoke of pot being a commodity that operates on razor thin margins I thought of Dye’s background and track record and smiled. I believe Dye turned down the CEO position at Albertsons because he saw this as a once in a lifetime opportunity to join the bbc (billionaire boys club).

[Drugdoctor]

Yep, round number flipping at $2 obviously was a bad decision...

[lazur]

As others have been noting, a lot of the big players in MJ have some poorly managed operations. And SHWZ with its 54 million shares is a far cry from Curaleaf's 600 million, Columbia Care 390m etc. Beyond tax selling at end of year we could see a lot of serious re-positioning in the MJ space toward SHWZ, and that's a lot of money that could shift our way over the end of the year into early next year.

[Fallingknife75]

With the large buy blocks continuing it is hard to say when / where it will stop, even without SAFE. When the bull is running just get out of it's way.

All the best,

Knife

[In Plain Sight]

NM retail growth by the numbers...

"With the increase in sales, Schwazze plans to expand more locations throughout New Mexico. Those locations include Albuquerque (UNM), Los Lunas, Sunland Park, Alamogordo, Ruidoso, Clovis, Carlsbad and Hobbs."

https://www.koat.com/article/new-mexico-cannabis-license-sales/41011144#

Of the current 18 with an additional announced buildout to 25 in '23:

13 operational now
02 (italics) listed on the Website as coming soon
03 additional locations announced previously (link above)
07 unnamed locations intended in '23 per NM President Steve Pear

[Gee4030]

Not sure why anyone wants to get in front of this freight train right now….wait until safe passes…..jmo

[Fallingknife75]

More large buys coming in, JD might not be done just yet. Yay $2+

Good times ahead,

Knife

[damAcon1]

WarrenWannaBe, I 2x almost all podcasts. I would agree. I personally think that cannabis will end up one of the staples of the next election. I think each party has constantly leaned toward their side of the extreme and I dont think that is where a majority of the US voter voice is. It is ridiculous that that such a position of power ultimately feels like a selection of the lesser of two evils. I think a majority of people are starting to get sick of it, and with current economic times, the next election comes down to which candidate is capable of conceding...and finding middle ground. Cannabis is an easy middle ground...with 80/90% in favor of medical and 67% in favorable of adult use.

[lazur]

Great location near El Paso, the race track and casino, and it will be interesting to see how Everest Cannabis does nearby after this dispensary opens.

[Marillionaire]

$SHWZ dispendary #13 NM grand opening 1PM tomorrow in Sunland Park...38/43

— Ried Bridges (@Ried_Bridges) November 22, 2022

[Marillionaire]

https://www.reddit.com/r/SHWZ/comments/z1mlh6/and_the_schwazze_insider_buying_keeps_on_coming/

[Marillionaire]

$SHWZ has saved my cannabis portfolio this year. Averaged down durning the drawdown and am up big after this last +70% run. I think we see around $2 to $2.10 by the end of the week without SAFE.

— George (@Ace_Bentura) November 22, 2022

[WarrenWannaBe]

I normally will not listen to an hour and
20 min. Podcast but I listened to that one entirely. He made so many good and accurate observations that I was truly impressed. The one place that my beliefs separate from his, and what I consider our light at the end of the tunnel, is on pot replacing abortion as the next boogie man. While I am completely aware that people will try to do this, abortions don’t pay the amounts of taxes that the pot industry does. And as we wind down from the pandemic and have to start to absorb the costs of giving trillions to the American people those taxes will become more and more attractive.

[damAcon1]

Time to separate the wheat from the chaff. Canadian LP 2.0...US version...continues. Most of these 'top MSOs' only knew the industry when capital was [essentially] unlimited so they focused on growth, scale and chasing siloed markets...paying to play. This growth was not efficient and redundant. These companies could easily use the large profit margins of those limited markets to hide flaws. Now with capital all about nonexistent things are changing. These companies need to slow growth and focus on operational efficiency...to which most have no experience...so they blame competition, cost compression all the while clinging/pushing toward some govt news to help float the industry. So far they are doing a good job hiding their flaws by closing/selling assets in challenging markets while using 'protecting margins' as their positive spin. Delaying tax payments while saying it is a no brainer because owing the govt accrues at a lower rate than the interest rate on debt. At least one has said that they reached their US capital spend...I guess that is because, like the ETF MSOS, they only like to buy when prices are high and sell when they are low? Nope, just positive spin so don't have to say they are out of cash. Some have filed S-3s saying that it is good business practice to always have one accessible...or that it is in preparation for possible US listing. Well expect more to follow suit...especially if some form of banking happens and the industry sees a (temporary) stock price spike. Issue at the peak, right? Of course they don't want to dilute around 52 week lows...but most will have no choice because they won't know how to make ends meet any other way but through issuing shares and/or cutting jobs...or via sale leaseback. Rough seas ahead as companies try to rein in spending and focus on efficiency. Bearish on the (upcoming short term of the) industry...but Bullish on SHWZ, and their strategy, but most importantly because JD has navigated this situation before (with Albertsons).

[damAcon1]

What is so annoying is that following both sides...you realize the amount of overlap between the two systems that one would think that they would be able to easily come together for the common good...unless that is not the intention. Damn politics.

[lazur]

Nice post and I agree. They should though also recognize that legalizing MJ also will get MJ more regulated, and if done properly, reduce the black market product on the street like formerly occurred with alcohol. It's a balance of price / taxes etc that needs walked.

Keeping rec pot illegal, making it harder to do banking and therefore increasing costs for the pot company and the secondary effect on pot prices by default, helps fuel the black market and place people at more risk with unregulated product.

Fears around kids are used all the time for censorship, putting controls on content, and a host of other "perceived ills" that when looked at more closely are problems that aren't often even occurring or occur in such small numbers of instances that all the hubbub isn't worth it, unless the real aim is as you note, reducing the freedom of others, chopping businesses off at the knees for some irrational moralistic reason.

[a false profit]

AWESOME post !

[damAcon1]

I try to follow all sides of the argument because the truth usually falls somewhere in the middle.
As for SAM and the SAM Twitter posse. A (very) small amount of the information that they post has merit (especially over-the-counter D8, D10, THCO, etc. products), otherwise, they use fear tactics to sway people in the middle. They still believe every neighborhood has a member that will intentionally try to feed the youth marijuana edibles every Halloween....and they are incapable of letting people make their own decisions, and being responsible for their own actions. They prefer to attack cannabis because it remains in a global purgatory phase...and also because it allows them to have a voice, and feel important. They act like they are public health warriors, but had they actually cared about public health they would go after the tobacco, alcohol or pharmaceutical industries. The industries, who on the DAILY, addict more people to their drug not to mention flood all forms of media outlets with advertisements, ALMOST ALL OF WITH, has some factor that could be interesting to, or specifically directed at, the youth.

[lazur]

Sorry can't post the link from twitter but an anti-legalization group called Smart Approaches to Marijuana is also pushing for SAFE not be enacted. One more negative nelly out there. The good news is Congress doesn't listen to anyone so hopefully it won't matter what they say

[damAcon1]

For a cannabis-centric podcast, this was a bearish...but honest...episode. I would also suggest finding it (Marijuana Today Episode 426) on a podcast app so you can 2x it.

https://mjtodaymedia.com/episode-426-lame-duck-safe-banking/

[Fallingknife75]

Whomever has been selling through CDEL has given up a lot of shares in the last week or so and JD is happy to take them. Glad to see the additional Form 4, I expected another one was coming. Curious about why he started buying so many shares (other than just being undervalued) but there are several possible political catalysts ahead as well so maybe he sees something happening soon.

Good times,

Knife

[StevenRisk]

These shares are locked up period. I really could care less who is selling. Rather who is buying. I consider J.D. smart money period and he is buying with the intention to make money. People sell for a variety of reasons including the ones who bought low and locking in their profits. As far as my thoughts with insiders "do as they do and not what they say" quoted by a very high profile investor. Follow the money.

[Gee4030]

While it’s great that he is locking up all these shares….my question is who is selling these shares especially with the possibility of big news coming from the political front? Fact is there were more shares on the offer at the close yesterday….again I hope the sellers kick themselves in the not to distant future.

[Investorara15]

I have a feeling he rolled his profits / sales from his Albertsons shares into SHWZ. This is massive and nobody better who knows how insanely undervalued this company is. Other executives may not have the capacity to buy. Let’s gooooo!!!

[StevenRisk]

While this is great I wish other insiders were on board. Don't get me wrong this is 8ncredible with close to 800k bought in the open market in a weeks time. FWIW, follow the money!

[Investorara15]

Another 375k shares purchased by Dye https://newsfilter.io/a/1945ab78d8019e37822535a4c1ed37ab

[WarrenWannaBe]

I think it is finally time to have a ride up
For the next few months. And I’m all for that.

[olivernoyes]

Schwazze is an acquirer, not an acquiree.

[Supi]

CDEL is a biatch

[Drugdoctor]

I'm thinking big alcohol or big tobacco might be interested, and they have the cash...

[damAcon1]

...and (not that I am advocating for this) could be an easy, accretive, bolt on for Green Thumb moving them from 6th position to 4th...and not very far from 3rd.

Obviously we could slot in nicely with a few of them...just Green Thumb is about the only one in a financial position to actually make something happen.

[Marillionaire]

10th in country for dispensaries

[Marillionaire]

Stiefel believes a min of 2x returns coming

[Gee4030]

Hopefully those shares are moving into really strong hands….I thought about selling a few but decided I’ll gamble and ride the wave….Seems like the latest buyer is waiting for those sell offers.

[Fallingknife75]

Another 50k+ share Ask slap just went through, love it.

All the best,

Knife

[In Plain Sight]

It's probably the sell on the news mentality based on the latest dispensary's Grand Opening event for November 23, 1-6 PM in Sunland Park, NM on the immediate border with El Paso, TX. Gobble-Gobble to increased sales and profits!

Classified under the sector's omnipresent codeword: stupid-ridiculous. Problem is it's true for most of the other companies and trading akin to blackeyes for stand outs that don't follow the "wolf" pack sell on the news as meaningless tripe.

[Drugdoctor]

Well it's not me as I believe something major is happening, along with possible safe passage. Traders likely to miss another huge move imo.

[Gee4030]

Still someone putting large blocks on the sell side…..hope they regret that!

[Drugdoctor]

Exactly - Well stated!

[Fallingknife75]

I have been thinking the same thing. If they can get the price into the mid $2's and convert then the reduced interest payments would make them solidly profitable on the bottom line. Also, as they slowly add shares into the Float it would increase the liquidity that JD has mentioned is lacking, a big a reason larger investors / institutions have not shown more interest in the stock.

Good times ahead,

Knife

[Drugdoctor]

Seems like the conversion price for the 90 million dollar debentures is about $2.27/share? Maybe they are trying to get the price back over that, so some of the shares will be converted and the interest expense will be much less.

Regardless, it's great to see some VALUE RETURNING TO THE SHARES.

[Fallingknife75]

Still some large blocks hitting the Ask today, good to see.

All the best,

Knife

[Gee4030]

With the threat of safe it is surprising that the offers aren’t drying up….could it be a fake wall set by scared shorts? Time will tell

[Marillionaire]

13 k shares on the buy side this morning traded premarket @$1.82