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Thursday, July 08, 2021 2:09:28 PM
https://factsaboutcbd.org/medicine-man-technologies-inc-otcmkts-shwz-inks-a-deal-to-take-over-southern-colorado-growers-reports-a-robust-growth-of-504-yoy-in-q1-2021-revenues-4490
Medicine Man posted revenues of $19.3 million up (504% YoY) in Q1 2021. Its adjusted EBITDA is $5.8 million in Q1 2021. It holds a positive cash flow of $1.7 million from its operations in Q1 2021 compared to the loss of $2.5 million in the same period last year.
Justin is excited about Q1 2021 revenues. The growth is on the backdrop of implementing an operating system that showed an improvement in critical areas.
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