Medicine Man Technologies Inc (SHWZ)

[StevenRisk]

Excellent post that will hugely impact internal growth. This is why I believe the manufacturing and Purplebee's is going to blow the numbers out of the water and strongly believe that numbers have been intentionally low-balled. The proverbial under-estimate over deliver truly applies here.

Also do not forget that Purplebee's growth was 300% Y/y for Q1. They are currently at a $30 Mil run-rate. Now add in 17 labs and management is coming in with $115 Mil. Absolutely way low by any yardstick or metric used.

IMO, Purplebee's growth is going to continue at hyper-growth for the foreseeable future. Also this alone could be the biggest brick in the wall for all of our fancy PPS forecasts as Purplebee's could easily become a buyout. As I have said and will continue to say Purplebee's is the golden ticket here along with a star-studded chain of dispensaries that is growing nicely with more coming very soon.

Even with the diluted share structure including preferred shares we will be at a little over 1 for P/S for next year.

Plus over $20 Mil cash on hand.