Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

All valid points. Dye has also stated they have a ground game in place consisting of real estate, licensing expertise and an evaluation tool kit (set of metrics) for selecting their build out, this I think will be reflected in terms of "organic growth". A result which we have yet to see in the form of a new dispensary from the ground up which adds +1 to the total count.

It is incredibly frustrating watching sometimes good companies in this sector be punished and others do REALLY dumb things that end up broad brush painting the sector as amateur's hour at play on the OTC bulletin board. I happened to lend my wit and sarcasm to Columbia Care recently. You see I have an account with a few shares of it which has seen a 50% haircut. And while I sit in a river called De Nile I also look at the well, what have they done lately well vs not well. The points add to the discussion already in progress here.

Expectations: Apples to apples, this little company is exceeding all my expectation, but lacks stock appreciation. At Columbia Care it can also be said the stock sufferers, but a series of self-inflicted wounds is making their journey and mine much harder to comprehend. They seem intent on going back to where I would place this company about a year+ ago in a period I called Term Sheet Trash Heap Days. A bad place.

Profitability: Here, yes. There, no. And not expected there in '21.

Growrh: Yes to both. Fully accretive? Here, mostly. There no. Unmitigated borrowing and buying. No question they will see 150 dispensaries before SHWZ.

Marketing: Here in infancy. There, well established and some really gangster-dumb moves. See rape. Rape? https://www.potvalet.com/blog/mike-tyson-enters-the-marijuana-fray/ and now he's the answer for CCHWF per today's news. Can they pick less controversial partners? Nope, damnit.

Both have an identity crisis we are Medicine Man Technologies dba Schwazze, We have Starbuds. They are Columbia Care doing biz as Cannabist et al. The branding there is (to me) a bigger problem. Tyson 2.0? Oh, that will be super. Not. Pitbull? They own the rap gangsta market. My small block of shares asks only why, why, why? Are they trying to do a Med Men and create a small fortune from a large one? It's working there. If some idiot gets excited about a nickel up on a 3 dollar down, I'm missing their point.

Funding sources: Here limited. See the BOD. With references to exploration. There an apparent unlimited supply and flavor of the day.

Strategy: SSO vs MSO.

And lastly, how does this shake out? Well, I'm not pleased at the direction the shares have taken in the last few months for either. But this one has a plan I see as viable while the other is as I view it squandering their capital on things grossly stupid as poorly selected goodwill and will soon be trading below this.