Medicine Man Technologies Inc (SHWZ): When Tilray hit $300/share they only had...

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Re: Drugdoctor post# 10915

Thursday, 04/29/2021 11:06:23 PM

Thursday, April 29, 2021 11:06:23 PM

When Tilray hit $300/share they only had 35M outstanding shares...not sure of the float at the time...but the overall industry sentiment was extremely bullish. That was back when Canada legalized and everyone assumed the rest of the world (especially the US) would fall like dominos.

Steve, all numbers pro-forma. Up until Dye's two recent podcasts the reported pro-forma revenues (for 2020) were $95M. I resort to that value because they include the 'known' acquisitions.

From the March 3rd PR:
"Schwazze Completes Acquisition of Five Remaining Star Buds Dispensaries in Colorado
Colorado Cannabis Leader’s Retail Footprint Now Expands to 17 Locations Across the Denver Metro and Southern Region of the State
Pro Forma Revenue for Schwazze and its Two Acquisitions (Mesa Organics and Star Buds) in 2020 is Estimated at $95 Million"

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