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Also, SHWZ’s accumulation is going up with GTBIF’s accumulation is going down. I’d say the SHWZ chart looks like it’s about to go up while GTBIF’s looks like it’s about to collapse.
Colorado just had its second best month of the year in July. https://cdor.colorado.gov/data-and-reports/marijuana-data/marijuana-sales-reports
The stocks that went up today rallied with the market.
Shwz is a contrarian play. If you believe the market is going to keep going up, SHWZ is not for you.
I would also add that SHWZ has great margins based off their latest filing.
And cash only.
Longmont has a cap on the number of dispensaries a company can have in their jurisdiction. I wonder if that’s the case in any other cities there are light shades and Starbuds/emerald
Mdcl was one of the only companies to have a positive year in 2018 when the Fed started raising interest rates and dumping assets onto the market. The industry was not in favor. I am looking forward to SHWZ repeating.
Alan still didn’t like SHWZ when SHWZ was mdcl and talked trash on the company even when he was getting paid by the company, so the company stopped paying him.
He has the rights to buy 2m shares. He can put a floor in if within regulations.
Great video
Colorado cannabis sales in Jan, Feb, and March of this year compared to Jan, Feb, March of 2020 before the lockdowns looks good. I’m not too worried about the decline from 2021 because SHWZ has more grows and stores now vs then. I’m also not counting on an April this year that will beat the April of 2020, since that was the first full month of the shutdown. SHWZ has the ability to mitigate the hit through premium flower pricing being stable and owning premium flower brands. They didn’t really have a piece of that until late July last year, and more so this year starting in Mid-Feb. But, I’m not sure how long it takes after the close for premium flower from these grows to be flowing through Starbuds or Emerald Fields. Also, New Mexico should add a decent amount to the revenue. https://cdor.colorado.gov/data-and-reports/marijuana-data/marijuana-sales-reports
While you’re selling, smart money is buying:
A smaller ETF $MJUS did some buying in May:
— Boldux (@boldux) May 29, 2022
Increased position size by 34% in each: $CURLF, $IIPR, $GTBIF, $TCNNF, $VRNOF, $AFCG, $MRMD, $CRLBF, $GRWG, $TRSSF, $CCHWF, $HYFM, $CWEB, $PW, $AGFY, $FLGC, $SHWZ, $ZYNE
And by 11%: $MAPS, $PLNHF, $JUSHF, $AYRWF#MSOGang #potstocks
Lol. The interest rates are really old news.
I think I’ll be buying more shares next week.
If the stock price were higher, the report would have shown even greater losses!
Lol. Shwz generated positive cash flow for q1 before NM went rec. The loss is from the required reporting from the loan and resulted in mega losses due to the way the loan has to be reported. I imagine getting that restructured is one of their top priorities, but that’s just an assumption. However, like I said previously, they will report mega profits because of this loan and the stock being in the dump.
Think SHWZ will buy them?
Well, with the stock price in the tank, they’ll have tens of millions in profit to report next filing! Biggest profit for SHWZ ever!
If you read the transcript from the con call, the reason why the loss was so big is because the stock price went up from beginning of q to end of q. If the price goes down, then they will have a big gain.
Not officially. Supposedly it’s listed somewhere but not sure if I believe the date.
When’s the last time earnings moved SHWZ?
Makes me really happy to see an insider continuously buying like this. I’m not sure if I’ve seen anything like it. I know they aren’t large purchases, but they are adding up.
I wonder if that is still their largest store
We are back to the price when SHWZ closed on Purplebee’s.
Well, we are either seeing a conversion of series a stock or manipulation or both.
I think banks have played the Canadian stocks, including the ones that end in F.
Just look at the date of this article and then check it out.
I don’t think retail is the reason why stocks that have an F at the end are going down.
https://www.investopedia.com/barbarians-at-the-gate-institutions-are-buying-u-s-cannabis-stocks-5075004
Really tired of almost every poster on this board grouping SHWZ into the cannabis sector.
SHWZ does not trade with the sector.
Alan Brochstein hates this stock
The wolf of weed street hates this stock
The majority of the thought leaders do not like this stock
The only people in this stock are the avg people, people who look for value, some people who follow the thought leaders but think the leaders are wrong about SHWZ, SHWZ management, and SHWZ management’s friends.
We don’t even know what they are doing
“All at least doubled their business and we even had one of our stores to ten times what they normally do in a day on Friday,” Pear said.
https://www.koat.com/amp/article/cannabis-sales-in-new-mexico-surpass-45-million-during-opening-weekend-for-recreational-sales/39621666
I wonder why the lawyers told him to not answer “SHWZ potentially being acquired” questions
I’ll take more consolidation between 2.10-2.15 for launch prep.
Great article!
But he said he was wrong.
Shwz is oversold on the 5 day.
It’s actually 257,142
Healthy pullback today. Good buying opportunity.
You don’t think their October, outdoor crop is going to generate cash or help in any way to the financials?
The hoop houses and margin increases were to hit in January
I am wondering what the impact of Croptober will have for SCG and Purplebee’s, as I’m under the impression Croptober should be a boost for both of those companies
Just hit 150k