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Wednesday, November 16, 2016 9:00:22 PM
https://www.insiderfinancial.com/medicine-man-technologies-inc-otcmktsmdcl-the-costco-wholesale-corporation-nasdaqcost-of-cannabis/118222/
We’re on the lookout for companies that we think have the potential to advance beyond their current hype driven market capitalizations, and one of the most attractive available is Medicine Man.
For those not yet familiar with the company, it’s a cannabis retailer, distributor and consultancy firm based out of Denver. That description doesn’t really do it justice, however. The company kicked off back in 2009, when a couple of brothers got together to execute on a long term plan of creating the Costco Wholesale Corporation (NASDAQ:COST) of cannabis. A few years later, the company was a $17 million dispensary and grow facility, having expanded to become one of the leading names in marijuana in Colorado and out of state. Fast forward a year or two, and the two brothers teamed up with a guy called Brett Roper (co-founder and COO of MDCL) to create a cannabis consulting firm, on top of the Costco type strategy, and Medicine Man Technologies (in its current form) was born.
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