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Stevenrisk, I think it is great that you are a concerned and informed investor and it is nice to have another person like you onboard. If you have look back and read many of the prior postings, you will see that there is a core of us that have been here a long time. We are a incredible group of informative investors who have done their homework and not a bunch of pumpers. We frown upon pumpers here and we don't give them the time of day when and if they show up.
In my opinion and I am sure many of the other regulars is that you have nothing to worry about here but you will need some patience. If you looking for a quick score, you might be disappointed so if that is your plan then I wouldn't load up on too many shares because this stock is a waiting game but one worth the wait.
Dye came onboard to take over this company and initially put $21 million of his own money up. Then they needed more cash to start getting these Starbuds deals done and Dye put up that money for the preferred shares so he wouldn't dilute the stock. Now show me how many CEO's do that? Dye is all in and it won't surprise me to see him put up more cash to get the rest of the Starbuds deals done. Dye also brought onboard and incredible management team with him, the best in the business.
In my opinion, the sellers are the ex-board members who got the boot to the door and are not happy. They are the only ones with enough shares to be selling like this but I believe their ammo is running out soon. If the remaining Starbuds deals get done and you don't have what you want to own, you could be chasing the price in a big way.
So take my information for whatever it is worth. I believe we all must make our decisions on our own convictions and I wish you the best like the rest of us and glad to have you here.
The issue is that many index funds can't buy OTCBB stocks so we don't move with the indexes. Most of the cannabis stocks that are moving are trading on the major exchanges so they can invest in them. It is a incredibly frustrating experience for sure. But just remember when those high flyers crashed and left everyone holding the bag. I know I can sleep at night with this stock because it has the value at this price.
As a reflection of past issues with the company, that is where I believe AW got in trouble when he announced all those proposed takeover deals. My assumption was that he thought the stock would rocket upward because all of those Canadian cannabis companies went to the moon only to come back to only a few dollars a share. Some of those stocks were in the several hundred dollars a share at their peak. I think he believed that he wouldn't have to dilute the company shares very much since the price would go so high and he could get money with the high share price. But since the company is on the OTCBB currently, many funds couldn't get into the game. Remember AW had a clause to get an extra million shares if the price went to $8.00 a share. He thought that was a given in my opinion.
SHWZ has the opportunity to be the biggest percentage cannabis gainer of the year in 2021 especially if the Federal government moves quickly on passing legalizing cannabis soon. If cannabis gets legalized, this stock would definitely go to a major exchange which will bring the big boys along.
It's not a game, someone is unloading it with size to sell and was hoping for a higher price. It is only a game if you see those 100 share lots gapped down. We could be seeing some flippers getting out because they always want to see it run immediately. Anyone buying this stock to flip isn't going to make much unless you are willing to wait it out for the really big move. If you are in the flipping game on OTCBB stocks, you mostly will get burned.
We are at the make or break point, there are about 60,000 shares for sale at the $.23-$.24 level. If someone takes those, then we should finally be off to the races.
The ex-CEO held a lot of shares since he was the founder of Medicine Man Technologies along with another ex-insider (friend of his). Both have been gone for almost a year now but my belief is that they have been selling for some time now. They had probably a 1/3 of the shares outstanding between them before Dye took over.
While you can make a few bucks flipping this stock on occasions, this is a story stock not a flipping stock. A great majority of stocks on the OTC are hard to flip because the market makers control the flow unlike the NYSE or NASDAQ stocks. Once this story gets finalized (Starbuds deals), this stock is going to make the radar screens of many. If the Federal government legalizes cannabis once the new administration takes over, then this stock should move to the NASDAQ and be a high flyer moving forward.
I have been invested in this company since it was first listed so I have seen everything with this stock. It has been a long wait for the real payoff but I believe we are real close to it finally happening.
Good luck to all.
I don't think I have ever seen a $.10 spread in this stock for a few years.
Joshua has too much at stake to go anywhere in my opinion. He is one of the few insiders still here since Dye took over. I believe Dye has great belief and trust in him and values him highly.
I don't believe ex-insiders have to file when selling. I believe the ex-CEO (Williams) is liquidating his stake to try to make another deal with another cannabis company for his Medicine Man Denver. I believe it would be a conflict of interest if he continued to hold a stake in SHWZ and that is a reason for the selling. Medicine Man Technologies (SHWZ) doesn't have a stake in Medicine Man Denver which the ex-CEO owns.
This is just my opinion and belief on what has been happening these past few months.
The insiders (are now ex-insiders) that are selling are no longer with the company. They got kicked out the door when Dye came on board. They should run out of shares soon because they have been the major sellers for months.
Nice to see some new faces on this chat board but if you are worried about holding out for a few cents you might just miss the big move when the rest of the Starbuds deals get finalized.
This is a $20 stock at the worst, possibly a $40-$50 stock longer term. This will be one of the very few cannabis companies that will be profitable after the final Starbuds deals. This is probably the most undervalued cannabis stock in the stock market.
Just my opinion.
The Southeast Edibles division was much more active on social media beginning this past week on Twitter and Facebook. They are really trying to get the word out and noticed.
We are off to a great start for 2021 with SHWZ but we are not going to realize the stock's full potential until all the Starbuds deals are finalized. So while many of the cannabis stocks are soaring right now, SHWZ will do a big catch up when that happens on a percentage basis. So to all the loyal holders and followers, be patient and enjoy the ride when we really take off.
Great to hear, thanks for the feedback. The company's updated website went live last night and looks much more professional than before. I believe good times are coming soon.
The run didn't fizzle out, everyone is just waiting on the election results. Tomorrow something will break one way or another.
Well I think the excitement of cannabis possibly getting legal on the Federal level might be aiding the stock right now. But if the sales of the chocolates are have any positive results, this could be a rocket ship in the making due to the very small float.
Looking forward to your thoughts. Looks like we could be setting up for an improving stock price soon. Today it looked like we got a small seller out of the way.
Aggressive expansion plans underway in other parts of the state could mean internal growth, not purchasing other players. Just putting that out there.
I am a conservative investor that invests in companies that have the fundamentals and financials to make it work from within their own framework. It might include buying another company or two but I don't like stock share dilution to make it work. I look for companies with share floats of 25 million or less because the stock price explosion possibilities are the holy grail of what I am looking for. Sometimes it takes a lot longer than I would like but I know that I can sleep at night knowing that on any morning my investment won't blow up on me and be worthless. I am also not a big poster on chat boards except for a few companies that really have the potential of what I am looking for. SHWZ is one of those companies and I have been a shareholder from the very beginning when it started trading. I became very excited once JD came onboard and this is a homerun as far as I am concerned. Patience is all that is needed.
I believe this is one of the best chat boards out there. We have very knowledgeable and invested shareholders that do outstanding research work and look to help each other. I can't stand the day traders who infiltrate a chat board to push their agenda only to get others to left holding the bag. Over the years we have had a few of those here who are noticed immediately because they don't have a clue how much of us have done their homework. I enjoy the conversations we have here and I always like to take a more balanced and contrarian approach to just look at things from a different angle because we don't always know what is going on behind the scenes. JD has that experience to get things done and not let the cat out of the bag. I believe the company has more going on internally than we are lead to believe right now.
The license could have been already renewed or transferred to SHWZ but just that posting of it hasn't been published yet. Remember this office is a government agency and it was a holiday weekend. Government always works slower than we would like it.
Expansion plans could mean growing in house and not diluting by buying other money losing operations. Just a different way to view it.
I don't believe SHWZ is going to go on a big acquisition crusade. My thoughts is that they will get the rest of these Starbuds deals completed first and foremost and then we might see one or two more new deals come forward in the near future.
In my opinion at the present time, JD will look to use the earnings from the Starbuds deals to make further acquisitions and not look to dilute the outstanding shares via a common share offering or by adding more preferred shares.
SHWZ will be a profitable company and its share price is definitely going to rise. Since SHWZ will be one of the crown jewels in the industry, other companies will be knocking on SHWZ's doors to become part of the company. JD can wait it out and watch the share price continue to rise and then when a good acquisition comes forward, he won't have to either borrow much or dilute the company with so many shares.
SHWZ's management team is one of the best in the consumer industry and many other cannabis companies will want to become part of them and maximize their investment in their own companies to be part of the team. The cannabis industry is going to consolidate greatly because so many companies are losing money so those players will either have to lower their expectations about what they can get acquired at or possibly fade away. This will put the ball is JD's court to make favorable deals or walk away from the table.
Happy New Year to all and a profitable year.
Plus they are at all these locations, so the Seattle store must be a new one.
https://seecbd.com/pages/store-locator
Things are slowly coming together
So my take on it is that they wanted to get this done in calendar year 2020 so you notice that the sale was on December 16, 2020 and they had to finalize it within 15 days so yesterday was the day to file and finalize it. My thoughts are that they wanted whatever tax implications to take effect on the 4th quarter earnings and not rollover into 2021 to set up what could be an earnings explosion for the company.
However JD is going about it, I have complete confidence that the leadership of SHWZ has everything lined up to be a blowout 2021 and will not lose faith in any decisions that are being made.
This filing in my opinion is definitely for the additional Starbuds deals to be completed in January.
Get ready to pop the cork because we are going to $5.00 really soon in my opinion and possibly $20.00 by the end of 2021.
Hey guys, it appears that today’s press release is so that they have the funds to finish the Starbuds deals. We are all a little frustrated by the last day of trading because we were hoping for a push upwards. Someone wanted to keep it below $1.50 today and they did that. Drugdoctor and Future, you guys are outstanding shareholders and resources for this board and we need to be civil and just be patient. I can tell you that SHWZ is getting spoken about on the chat boards and other media outlets. It is just a matter of time. Wishing the both of you and everyone here a Happy and Healthy New Year. Next week the stock will start its steady rise.
The company is still officially "Medicine Man Technologies" so you won't see "Schwazze" on the paperwork.
Should the company change the name officially to "Schwazze"...absolutely!
Just out - Here is our new investor to pay for Starbuds to complete the deals
https://ih.advfn.com/stock-market/USOTC/medicine-man-technologies-qx-SHWZ/stock-news/84006739/small-company-offering-and-sale-of-securities-with
The company also just updated the Southeast Edibles website. Much improved and looks great. Another positive step for the company.
I am excited to see what the new website will look like. It looks like they will be focusing on the Southeast Edibles chocolates going forward with the Merchant Tier money lending division being a secondary focus of their business plan. I really believe that the Southeast Edibles is doing better than expected.
With any good earnings report concerning the Southeast Edibles division, I think $.25 a share is a cheap price for the stock so my guess is that is a current reasonable valuation. I still think we could see $1.00 a share with any good news.
Just my thoughts.
This is my take on today’s action, it is profit taking from those that bought in at lower prices. If you have profits some might want to sell to lock in profits before the end of the year because if the Democrats take control then they will be raising taxes on stock market gains beginning next year. While volume is still good today it would be twice the amount of it wasn’t a holiday week for both this week and next week. We haven’t even touched the surface, wait until the first week in January and this rocket ship will finally start blastoff. The Democrats will be pushing the legalization big time after the 1st of the year.
It is Christmas week so volume will be low. Don’t be surprised to see them make a run for it later next week up to the $2.00 level to mark up their year end portfolio and put it on the 2021 radar.
We can respectfully disagree and my counterpoint to your thesis is that do you think Suen would have shelled out $103,750.00 from his own pocket to buy 10,000 shares at $10.37 after just doing a secondary of 1.5 million shares at $8.50 to a hedge fund the day before to throw you off guard. Suen sees where this company is headed and his open purchase at $10.37 says this stock is cheap and going much higher.
I don't believe we will see anymore deals until all of the Starbuds deals are finalized in January and the stock price rises to at least $3.00 a share. The Starbuds revenue stream and profitability should easily get SHWZ stock price to that level or higher and then JD can look for some potential profitable merger deals and not dilute the company share float drastically. I would not be surprised to see some new potential merger partners in addition to seeing some of the expired past deals being revised at a better acquisition cost for SHWZ.
As you can see in my last response, $40.00-$50.00 was my original price target when I first got invested when it first came public.
I am just saying that I wouldn't accept anything lower than $20.00 per share, I would love to see the stock go to $40.00-$50.00 which has been my long term target all along.
If SHWZ sells itself to anyone, it should be at least $20.00 a share because they are profitable.
VERT needs to hold it down because he is short a few and knows this is going higher and wants a chance to load up. What we need is a big buyer to buy every share up to $2.00 and hold the price up there firmly and then we are off to the races and VERT will have to lead the charge.
Looks like VERT is trying to hold it down so he can get some shares. Hoping the big boys come again big time up to the $2.00 level to screw him over and hold it at $2.00. Then he will have to turn to an aggressive buyer.
I agree, this is a $10.00-$20.00 stock and I will just wait it out because when it really goes, it will skyrocket. Selling trying to trade it could cost you a big profit because I don't think you will be able to buy it back lower. So it is just a waiting game now.
Yes, great to see. I really think there is more here with FIFG than anyone realizes and we are going to get a nice surprise soon. It is definitely not on anyone's (except you and me) radar but when and if we get some nice news, we should get a really nice pop due to the low float. I believe someone has been accumulating a position at the $.25 level on the belief that if the Federal government makes cannabis legal, it should then get a pop from that also.
Future,
Excellent analysis. JD is the most experienced and proven CEO of any cannabis company in the business. He has been proving his stature since taking over SHWZ. He will bring us to the finish line and we will be victorious.
I can’t wait to celebrate.
Fallingknife was the one who spoke with IR
I like seeing NITE on the bid. Usually a big player when you see them and a name we haven't seen playing for awhile.
If you are a shareholder and a believer, never, I repeat never put a sell stop order in. You will get screwed over and deserve it.
If you are a trader or an investor, it is always good to put bids in quite a bit lower so you can grab the sell stops at a discount.
In my 40+ years of trading and investing, I have never seen a stock act this way. This company is on the cusp of blowout revenues and earnings and can't catch a break. It will be one of the best companies in the industry and one of the few making profits in this business. The only problem is that almost all of the fund managers can't invest in it because it doesn't trade on a major exchange and isn't in a business that is legal on a government Federal level. If cannabis was legal on a Federal level, this stock will be soaring between $10-$20 right now and be getting analyst recommendations.
I am a big believer that this will be one of my greatest investments and not selling for some time. We are hopefully just days from something historic being announced, but currently a very frustrating moment.
Just needed to vent for all of us believers!