Medicine Man Technologies Inc (SHWZ)

[StevenRisk]

Here was my confusion as it was stated they have no grows when in fact this purchase brought immediate product coming. This was from the Q/A on earnings transcript.

Nancy Huber

Thanks for that question. We don't give guidance on specific improvement in margins from any specific acquisition. So I can't answer that specifically. But one would expect that we're growing at a significant discount to the price that we're acquiring product from the outside today.

Today we really don't have any grows. And so the margin is basically product that we purchase from third-parties. So one would anticipate that our margins will improve pretty significantly as we bring the SCG products on board.

In addition, we're investing in some hoop houses there to improve our biomass supply. So over the next year you'll see those come online and impact our PurpleBee's margins as well.