Medicine Man Technologies Inc (SHWZ)

[Fallingknife75]

The number of dispensaries etc. doesn't matter much if they cant make money. SHWZ is solidly profitable and will likely remain that way due to intelligent acquisitions and "stewardship of capital" as Dye likes to say. There will be variables in expenses that are hard to calculate but the profits should continue.

Columbia Care's Balance sheet is acceptable but not strong and they only managed a $2.3m Operational profit on $100m in revenues, with a bottom line loss of over $10m. Overpaying to get a larger footprint in Colorado won't help the numbers either. Bigger doesn't mean better, just bigger. If they can't make the numbers work we may end up buying discounted assets from them in the future when they try to fix their finances. Time will tell.

All the best,

Knife