Medicine Man Technologies Inc (SHWZ)

[damAcon1]

Nice catch! It looks like the final part of the original $118M deal.

In June 2020 it was announced: "Denver-based Schwazze is set to acquire 14 Star Buds locations throughout Colorado including 13 dispensaries and one cultivation site."

That is when a lot of those other deals started to get terminated....and Justin prioritized Starbuds...apparently breaking it into two main categories: retail and cultivation (oddly I forgot all about the one Starbuds cultivation site...and thought the deal was complete with the 13 retail locations.)

The primary focus being on retail...which was broken into 3 parts: 6 locations in Dec, 2 in Feb and the final 5 in March.

Now he is getting back to completing the cultivation site.

That really breaks down how resourceful and creative Justin was...and props to Brian and company for being flexible with terms. It really does give a whole new, positive, spin on the saying "robbing Peter to pay Paul". It also proves Justin is looking out for shareholder value...and not just saying the words.

Had this been completed by a Canadian LP, they would have paid over 10x for all the acquisitions, even the terminated ones, diluted their shareholders to cover the expense and probably would be in the process of writing off most of the moves as 'good will'.