Empire Building 101
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I agree 100% with your last sentence. However, the synergies added of more dispensaries in Co. and N.M. would really help the bottom line. To go to another state I would like to see a similar deal like N.M. as the advantages far outweigh outweigh a couple of Mom n pop stores in a new state
Yep. Hopefully 3rd time is a charm.
I probably did not make myself clear . Was referring to the dominance and profitability with TCNNF. I believe this is a mini version of TCNNF and will become a tier 1 as we are currently on steroids. Everything TCNNF has done it appears SHWZ is doing better. Going to the puck in regards to recreational and acquiring profitable assets without overpaying. Obviously this management understands the word synergies as all acquisitions will become more profitable as immediately as margins increase eliminating redundant costs. This has been something that I have done successfully in real estate.
Pertaining to my comments on paying 13% was high interest. Getting that loan was crucial but necessary. I have a line of credit for my real estate business and buying without alot of hoops and red tape is essential on timeliness. GLTY and personally I believe the investment here in SHWZ has the potential to be the mother lode and as some have said a true zip code changer.
Gotta love in today's 8k where the word profitable is used. This is going to be a very good year for SHWZ.
https://finance.yahoo.com/news/schwazze-closes-acquisition-colorado-cultivation-113000207.html
Agree. However he has a management that can run on auto pilot to allow him to evaluate and continue the growth and become a billion dollar company he has alluded to. Great things are coming for the patient ones.
It was a gift no doubt and still is. I believe a minimum 2022 earnings of .50 This is a PE of less than 4. IMO, absolutely the most under valued in the whole sector. Bar one including TCNNF.
Looks like the shares for the Emerald Fields acquisition were $1.63 a share.
Today's futures not looking to help.
With Friday volume over 150k I beliee the 50 day gets crushed this week. Currently at around $1.75 and then to the 200 day. Yep you heard it here. Only thing that would kill this imo would be Russia
Perritt Ultra Micro Cap added about 30k for period ending 12/31/21. Total holdings 110k. The other holder is unchanged with around 350k. Not a lot but when you throw in note holders not bad either for an otc.
Yes expand like hell. Company also said expanding their super regional state structure is coming.
Agree somewhat but TCNNF going up and this is the mini version. Lol
All good. We are going higher.
Also pro-form numbers were $225M.with everything closed this early I would expect $205Mil with nothing more happening this year which is not going to happen. We should very quickly move away from the pack. With another large acquisition and a few more mon n pop stores we could be well north of $300Mil next year.
Now with team in place time to focus on more a acquisitions. Closing all of these acquisitions before mid Feb. is going to be huge. Can't wait for q1 ER.
I believe we will see both. Dye still has a war chest of around $60Mil. The $95Mil was pretty much all earmarked for acquisitions. Obviously they are stepping up their game and putting the right people in the right place is the key. This gives Dye the time needed to do what he does best. Mergers and acquisitions.
I got alot of flak for my thoughts and reasons for my expectation of a lackluster q4 call. However, it never had nor will have any impact of the team assembled here and where this company is headed.
Purplebee's will continue to grow exponentially and now with NM adding so much manufacturing space 6k which almost doubles manufacturing sq ft. and 70k cultivation. This deal at $42Mil with $27Mil cash and a note for $17 Mil at 5% will prove to be as good or better than the original purchase of Purplebee's itself which has tripled revenues 8n 2 yrs. Now it's going legal in 6 weeks.
What you have to love more than anything is the team Dye is putting together. Obviously the low has been put in around $1.30 As some have stated $3.25 could come rather quickly.
Now the focus here should be Q1 and after and they will be fantastic.
With the team being put together and the cash on hand another state will be added this year. NM will be on automatic pilot.
Is it a head fake announcing small Mom n Pop stores while going for another state? Or doing both?
While we have had a muted responce from the closing announced the buy/sells have been very positive since. GLTA
It gets a reaction from me. Buying another 2k.
Gotta love the 5% interest on the $17 mil note. Looks very promising cheaper money is coming regardless of a safe banking which will ultimately come.
Great news! Now 30 dispensaries with run rate well above $200Mil.
Thx. for sharing. This is very good news and gives us a huge leg up. This Parco hire will definitely separate SHWZ from the pack. What is happening with the additives will IMO spread to other states quickly.
Again thanks for the posts also IPS for sharing. The earnings and growth after Q1 are going to be awesome as these new products hit the market. The margins are going to be insane.
Nice eod purchase of 5.3k
Wow. I posted on my expectation of a loss based on the sales in Co. Any real DD would have supported that opinion without inside info which I do not possess. Exactly what boards are you referring to? This is the only one I have posted on in months and only cannibus stock I hold without a sale in almost a year. Even when I post an opinion that isnt Rosey Posey and rah rah rah I have been very positive of management and the prospects here.
While Dye was very confident and upbeat he did say that headcount was currently down with customer traffic but thought this to will pass. Exactly what i had said about sales being down. I also said q1 was going to be gangbusters after the short term.
Not looking for any credibility just posting my opinion which I thought was in plain sight for anyone who was looking objectively to all possibilities. Not just rose colored glasses with outlandish price predictions last year.
By March 30. NM should close anytime
Very good news. I believe 45 dispensaries year end. We needed this to close. Q1 will be good
Anyone know if medical licenses in New Mexico are grand fathered in for rec. licenses or something SHWZ must apply for?
Correct dec 21. Will help a little
Correct. That was for q3. However sales were alot worse for the 1st 2 months of q4. Almost 20% down for Nov. alone. Remember they were marginally profitable with about $1 mil profits in q3. With being down that much in sales I believe q/q will be down based on that. With fixed interest rates and even with a small decline in sales will be felt. Then add on acrual acquisition costs that were incurred before closings imo will lead to a loss.
Dont get me wrong with cash on hand along with this bump in the road will bring opportunities in Colorado that may never occured for SHWZ. It is times like this good companies get better and the weaker ones either die or get bought on the cheap. Make no mistake this is the silver lining.
Also remember no dispensaries were added q4 so q3 to q4 is apples to apples q1 2022 yp substantially but no report until mid may
Prediction is not a fact. This was based on Nov. revenues of $158mil down from $176mil from Oct. The call for losing some money was based on the fact that revenues have dropped precipitously and will undoubtedly affect everyone. Remember sales for retail were up 1% for q3. Now total sales have plunged since then. Expenses are fixed.
Increased selling on above volume. Until this selling slows down with a stable price TA is running the show not me at all. While I am fundamentals guy the ta is running the show. As far as the Dye statement throwing out a life preserver the intent was material news such as New Mexico has closed.
Please stop trying to misconstrue what I am saying. I have no qualms with you but see this whole thing play out with two steps forward and one step backwards as there has been a few bumps in the road as I pointed out. We do agree though on 2 things 1)management 2)this to will pass and eventually all our hope's and dreams will come true.
PS Good luck to you Doc. I am done with q4 observations and will soon be focusing on q1 in which management says the grow operation will add materially with increased margins while nothing material for q4. Straight from Nancy.
Obviously putting out possible scenarios as to why the stock has tumbled makes me the gloom and doom guy. Knowing why beyond the "whole sector is down or politicians" can very well be contributing factors. However, with such a low float along with profitability reason enough to go against the pack and key that many including myself was going to happen.
So is it wrong to look for things we as a group may have overlooked? Obviously some posters think so. Now we are supposed to be forward thinking right. Well we are already well into q1 and we are dropping daily with above average volume. Isnt forward thinking in the market 6 months. Then why the gloom and doom 6 months ahead with the pps?
Make no mistake I have more shares than most here and not sold a single share. This total rah rag cheerleading for over a year is nauseating. I suggest if you can't discuss the pro's and con's without decent logic without attacking the poster you should not be in the market at all. With that said just put use of your ignore option. I would not be offended
Ma ke no mistake I will not be shamed or bullied off this public form!
You are right. But q4 starts oct. and and that month continued down alot with noc. down almost another $20 Mil from Oct.
My question would be has the black market found it's way krom Oklahoma surplus after last fall harveat?
State revenues plunged. No basis. Your started to sign like a broken record. Open your eyes dude.
Inflation and lower demand not a good combo going forward. Let"s hope New Mexico changes this scenario while a new entrant from rec.
New prediction here. Q4 loss of $1-2 mil. and possibly more. Nov. sales in Co plunged from $176Mil in Oct. to $157 Mil in Nov. This has to impact q4 sales hard. This came out recently and no doubt hurt the pps.
PS unless Sye throws out a life preserver we are going lower. Anyone know if prices are dropping and a possibly over supply?
More Dye interviews. Hardly believe this management would ever quit and walk away. They are very methodical with every move thinking in years not months.
Beady Cobb and a few others are talking as if Safe Banking is possibly seeing things happen next month.
While I have been cautiously optimistic this year I really dont see double digits coming this year. However I do see the growth projections reached with more acquisitions announced. To many here are looking for a quick buck.
Look for SHWZ entering another state
Look for a 5% institutional investor with a 13D filing.
Look for a buyout offer via stock.
Look for major consolidation in the near future
Nothing in stone here but I believe very strongly these things have a high probability over the course of this year.
So exactly how much have you made on your investment sir? You have been telling everybody to buy since $3 and it was going to $50. Some people think on their own.
Why is it gloom and doom? Trying to figure out the selling pressure. Sheesh I thought you had the answers. Lately nothing but snide remarks it's going bankrupt, gloom and doom etc. Time for a new prescription Doc.
I do not believe there is any large enough investors that have the amount of shares that are being offered lately. With the amount being dumped their is no others other than insiders and previous note holders unless someone converted as they did get some $1.20's preferred. Not sure of the terms and if even possible.
PS certainly once gone the pps will form up imo. IMO, just not enough retail sellers to dump like this guy. Most of us longs are in it to win it.