Empire Building 101
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If plan is successful as I and many others do including yourself the buyout comes. Market is huge in Colorado and certainly a MSO wants a part of this market. Of course IMO.
Thanks for the heads up here John. Just got in for 1.5k at $1.39
It was between this and HRVSF flipped a coin...lol
Had surgery 2 days ago and stranded at home healing and the board is dead and I am bored. You are right about low volume and fluctuation of the PPS. Anyone chasing something else may dump at any price and hopefully can snag a few more below $2.45
Added another 1k today. Big spender...lol
Have cleared funds in the event we drop again. GLTA
I believe the small guy is done and thus the reason I went on my rant a few weeks ago stating SHWZ needed to act quickly. Like the Mom & Pop grocery stores getting snuffed out by Walmart the same is going to happen here. The good news is SHWZ was ahead of my rant and was already done and announcing it days later with another acquisition coming. Personally I believe as numbers have shown with the roll out and ramp up here we will never get past Colorado on the roll out. If my numbers are even close as I believe they are we won't last 18 months with out being bought out. Colorado I believe is projected at $2.2 Bil either this year or next. Remember the number but not sure if it was this year.
PS The underperforming dispensaries will just disappear or die on the vine same as the Mom & Pop stores.
PSS Talked myself into buying more today. Not many but more.
After seeing the financials on a few of the Star Buds does anyone think like I do these 13 Star Buds are averaging $1 Mil each in net income? Without doing any math on the preferred shares as all that interest is to be converted into shares. I have a total of 44.6 Mil in notes. I am assuming all notes are 15%. There is one other note for $5 Mil which is convertible which I will leave out of this computation.
$44,600,000 x.15=$6,690,000 per year.
I am going to assume Mesa and Purplebee's at $3,600,000 net income per year as I have no clue but know they are not as profitable as Star Buds yet.
So let's assume 13 mil+ Star Buds + $3.6 Mil =$16.6 Mil -$6,690,000=$9,910,000 Net income (assume no taxes as tax loss carry forwards) Also not sure how interest on preferred is treated)However, 29.5 Mil preferred at 8% comes $2,360,000 so let's assume they do figure in. So we now have:
$9,910,000-$2,360,000=$7,550,000 Net Income
$7,550,000/42 Mil O/S=.179 per share earnings. However because this does not include 1 full year for all Star Buds let's call it .15 per share earnings this year. Also no income tax either as tax loss carry forward.
Also with the safe banking act coming I believe the 15% notes will go down to 8% next year. This company is golden IMO and no acquisitions are considered at all. Of course comments and opinions welcome.
PS Plus I did not include any more sale increases from 2020 pro forma Star Buds and assumed $1 Mil net average on each one.
Now this is interesting, Definitely worth reading.
https://www.yahoo.com/news/cannabis-coalition-wants-influence-not-080036409.html
Slow and easy does it. Looking more and more like we get through $2.60 on low volume. Hold tight and don't fight the tape. Easy money under $3
Good question Doc .We currently have almost 10k for sale between 2.59 2.60 which I would buy right now if I had the cash With a few pennies a day on the upside here for the last week my guess is some peeps are seeing greener pastures elsewhere and hope to return cheaper. This is what I see and think to be happening. Biggest problem is some people want to get rich today and totally lack patience. We know what we have and when and how it unfolds. That being hyper growth and profits.
Yes we are getting eyes and hopefully we get some interest. Volume is pathetic to say the least. The positive is nobody is currently selling either. Funds clear tomorrow so hope to add more.
You could very well be right. However, the fact remains they have been working with him for quite awhile and even if you are right Joshua has definitely implemented processes and techniques that are pretty much cookie cutter and should be easily duplicated. However, I believe as some that the comradery is special and bigger things are coming with Joshua. This management is tops and Dye is really investing in his team as many were brought on board from Albertsons.
The time has come to pick the winners/losers in this sector based on footprints whether an MSO or SSO. IMO, many mso's are a long way from profits or/and super bloated share counts or debt. In all 3-5 mso's will be very successful while the others just sputter along.
With that said TCNNF is basically a SSO who has dominated Fl. and is just starting the cookie cutter approach and FWIW been very successful. They are now moving meticulously into other states and throwing off huge IBITDA and net income this year. They are currently at $45 PPS. Projected to make .46 per shares this year. With $1.25 next year. You say this is the SHWZ board why are you bringing this up I will tell you why.
SHWZ is cookie cuttering the same approach. Some call it Albertsons while I call it TCNNF. We are going for domination of Colorado and certainly are doing very well with 17 dispensaries and 1 manufacturing since April 2020. SHWZ PPS is $2.55 and projected to do .10 this year. We have no projections but mine is .25(2022) conservatively with much more possible. Like TCNNF SHWZ will dominate and then methodically move into other states. This is an absolute no brainer as DYE is making partnerships with friendly holders who are looking at the vision and not a quick double and not just himself. Originally I really believed $10 was doable but $50 seemed so farfetched as some were calling for but look what TCNNF has accomplished with a similar approach not only looks possible but an expectation . Dye and team are living the dream and surely why would Haupt just walk away from this team? Sorry for the run on sentences.
Not really impressed. Hopefully DD goes well and we do not dip into the 20's. However, Q1 should be a different story and certainly Q2 should be really good.
Totally agree. I believe everyone here believes something is up. The lack of interest here is baffling as the 8k showing earnings from Star Buds which is quite impressive to say the least. All interest is covered and money left over for more investment.
The closing will bring multiple opportunities and uniquely timed for maximum exposure. Smart money buying!
Yep same address all is good. Thanks. After the completion of Star Buds I am all on board and no problem when/if preferred are converted. This will be earliest 18 months and by then the numbers will be staggering. Plus we have the financing done for another acquisition and Purplebee's is growing "wildly" not to mention some of the Star Bud's are hugely profitable.
On the contrary I believe this is really good news. These guys are in it to win it. They can't sell any shares for over a year. Everything is lining up with the stars Doc.
Seems really strange I agree. If he was gone certainly they would wish him the best and thanks for all you have done. Certainly we are going to hear something soon.
PS We need some volume and we are off to the races soon as it appears all the pieces are falling into place.
Here is CRW Capital I see no mention of Dye. Are you sure that this is not another financier getting a huge slice? It appears to be the same one as the 13D filing. I just don't see the tie with Dye. Regardless for Dye to be involved is trust and obviously we are just in it for the ride and that will be a ride for sure IMO.
PS I agree Haupt is still involved in a huge way. Just to big of a piece of the puzzle.
https://www.bizapedia.com/tx/crw-capital-llc.html
Me too. It will be interesting to see how the market digests this 13D filing and a few other filings. I do not understand this enough to really comment. It appears Dye is in cahoots here as 33.2% is huge to give to anyone for $21 Mil. Looking like they want to dominate Colorado real quick and do a roll up 2nd nothing anyone has seen. Something is really up and IMO it is the PPS. I believe SHWZ will own Colorado!
Never got a response back on Joshua Haupt.
Certainly everyone knows what a 13D is. CGC holds 33% of SHWZ. Conversion of these preferred shares could happen sooner than most expect.
https://ih.advfn.com/stock-market/USOTC/medicine-man-technologies-qx-SHWZ/stock-news/84537000/statement-of-beneficial-ownership-sc-13d
Analyst following is not real positive of Q4 2020. Calling for .06 per share loss on $8.09 Revenues. I believe he is low on revenues but he is calling for about 9% Q/Q growth. He is calling for .01 net income for Q1 and .10 for the year. Hopefully Dye does a C.C. and announces new acquisition and new estimates that blow everything out of the water. Strange trading as we had the lowest volume in a long time. I am very optimistic with our future.
Current Qtr. (Dec 2020) Next Qtr. (Mar 2021) Current Year (2020) Next Year (2021)
No. of Analysts 1 1 1 1
Avg. Estimate 8.09M 21.17M 24.15M 100.7M
Low Estimate 8.09M 21.17M 24.15M 100.7M
High Estimate 8.09M 21.17M 24.15M 100.7M
Year Ago Sales N/A N/A N/A 24.15M
Sales Growth (year/est) N/A N/A 317%
Current Qtr. (Dec 2020) Next Qtr. (Mar 2021) Current Year (2020) Next Year (2021)
Current Estimate -0.06 0.01 -0.33 0.1
7 Days Ago -0.06 0.01 -0.33 0.1
30 Days Ago -0.06 0.01 -0.33 0.1
60 Days Ago -0.06 0.01 -0.33 0.1
90 Days Ago -0.06 0.01 -0.33 0.1
For anyone interested in the financials of Commerce City who was acquired.
https://ir.schwazze.com/sec-filings/all-sec-filings/content/0001683168-21-000783/0001683168-21-000783.pdf
Been looking for reviews of product for Purplebee's and have not found any. Have you seen any reviews any where? TIA
Purplebee's products.
https://weedmaps.com/brands/purple-bees
Q1 will be much better but we will only have 6 new dispensaries with full revenues added while Q2 will have 8 more dispensaries for the full revenues. Plus probably more revenues added in Q2 with yet another 15 Mil acquisition and then Q3 getting the full revenues and this just snowballing.
I believe the acquisition will have much to do with Purplebee's as they are growing "wildly" and with all these retailers being added it only makes sense their current manufacturing is probably at capacity. Dispensary and manufacturing IMO is the logical announcement coming. Plus do not forget margins are close to 50% at Porplebee's
If you read the presentation you will notice they made changes to improve efficiencies to get more product out of Purplebee's. Now in the video Dye says it is growing "wildly" . It was already a small facility and they made changes to get more product so IMO this was already becoming a problem with limited space. Plus they are mentioned with the $15 Mil new money. Almost a given where this new money is headed. Thoughts or comments welcome!
Selling could be related to Joshua Haupt possibly leaving the company. Only a guess but he was one of the main reasons I originally bought in as he is the best in the business when it comes to growing. Another possibly some may not like the fact that preferred being raised to 110 Mil.
For me neither reason would cut mustard for me as Joshua has been there long enough where lots of knowledge has been passed on. Plus the possibility they are the premier retailer it may make more sense to outsource cultivation. Prices are very competitive in Co. and personally I would rather seem them go this route and build and buy more dispensaries. Imagine out/source all cultivation to Joshua(doubt that is the case but I believe the strength with this management is retailing and manufacturing(Purplebee's).
As far as preferred shares I believe the growth we are looking at this is no longer a problem. I like the fact that all acquisitions will be accretive and the word synergies comes to mind. With what SHWZ has going right now we will have a run rate of $30-$35 Mil run rate qtly by Q4 21 and that has absolutely nothing do so with the acquisition coming.
With that said I did buy another 3k today.
It dipped as I thought the low was in. Well behold they dropped it again with a fill at $2.12 I'm sitting with a bid at $2.15 and they immediately went right past it. MM's working very hard to steal shares but so am I...lol
I agree wholeheartedly. We will leave the pact and move according to our mew fundamentals which we all know are happening. Q1 is where the road meets the rubber which I believe is breakeven with good cash flow. Q2 will separate the wheat from the chaff.
I got a few shares at $2.15 and $2.28 today. Not even a decent chuck IMO but definitely a nice grab adding to my holdings. GLTA
PS When the sector gets hit hard again like today it discriminates against none regardless of the future.
25k wall at $2.46 right off the bat. Ouch!
Doesn't Joshua still hold 3 mil shares of SHWZ? I don't see him outright leaving with this many shares and no sales in almost 2 yrs. I know last weekend he was on their site and now he is gone. Anyone have a contact with company? I e-mailed but don't really expect a response. Certainly it is material and it should be PR'ed if he left. I certainly hope he hasn't left as he is that good!
HAUPT JOSHUA
Officer and Beneficial Owner of more than 10% of a Class of Security
Sale
Mar 24, 2019
3,620,560
I was really excited after the news stating that SHWZ had secured money for the Star Bud acquisition and then the $5 Mil for an additional acquisition but this really takes the cake. They have already identified the company. Am I reading this correctly? Read the last line here. Last weekend I said everything was going slow well obviously things are gathering speed. I believe you guys nailed it with Super Farms.
Do I have this right they have $15 Mil for the identified acquisition plus more monies for additional buys?
Upon execution of the Loan Agreement and the associated loan documents described below, the Lender made an initial advance of $10,000,000 to the Borrowers. Under the Loan Agreement, the Lender has agreed to make one additional advance of $5,000,000 to the Borrowers on or before June 26, 2021 upon the satisfaction of certain closing conditions customary for this type of transaction as well as a requirement that the Company has completed the acquisition of substantially all of the assets of an identified company
Currently I believe this is thy most undervalued stock within our sector. WE are currently less than 1x sales for current year based on O/S for 2021.
The current P/S within our sector is 7-8 x sales with no chance of profitability this year. I am very confident we are going to split from the pack going forward. My suggestion is buy all you can afford.
PS Don't go by what I am saying do your DD. The completion of Star Buds and funds secured for another acquisition changed everything ad hopefully Dye starts telling the story end of month.
Excellent job. Thanks for all you do and bringing this little gem to more eyeballs. Now let's hope that the presentation to institutional establishment brings in more buying interest. Now really sure if they can buy stocks under $5 but I do believe some have gotten around this and have bought other stocks. Hope to see more volume today.
Dispensary or cultivation?
With them announcing Tuesday financing was secured IMO we may get the acquisition news very soon. Anyone have any clues to who we are purchasing?
Can they use the Star Buds name for any acquisition? IMO it probably doesn't matter as they will replicate the store layout. Decent volume today and now we are on our way to new highs. Guess we will find out soon. They did not change the Mesa store names I don't believe.
With the next acquisition already funded I would expect another PR coming sooner than later. Probably all deals have already been worked out. Hopefully will close before earnings call as that will propel the PPS much higher.
Becoming quite a joke here.
yes LOL however he did say $2.20 and was right. I ended up adding at $2,45 average yesterday. Honestly in all reality when it dropped I felt as though the deal to close fell through. The dude did not come back. Regardless of my ranting last week everything changes this week. GLTY and all the longs. Like life anything can change in a heart beat as a very good friend died last Friday just like that with no warning.