Medicine Man Technologies Inc (SHWZ): Same store sales of the seventeen Star B...

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Medicine Man Technologies Inc (SHWZ)

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Monday, 08/16/2021 9:10:16 PM

Monday, August 16, 2021 9:10:16 PM

Same store sales of the seventeen Star Buds dispensaries when compared to last year were $21.5M up 16%.

Average basket size was $61.04 up 6.4%
Recorded customer visits were 357,056 up 8.9%
.......
Proud that SHWZ is excited for a $60 basket size (which is average for Colorado)...and that it is a revenue increase for them. I heard on a podcast some of the MSOs are upset their baskets have been dropping from $100+ because it is significantly hampering their margins (shows just how inefficient they are). Also, once delivery is fully up and running the company can control basket size, setting minimum delivery at $60+.

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