Medicine Man Technologies Inc (SHWZ)

[damAcon1]

This was an interesting podcast. They talked about recent earnings reports for Curaleaf, Green Thumb, Cresco Lab, Columbia Care and Ascend Wellness. They also talked a little bit about the landscape and how the top MSOS could have some upcoming stagnant quarters before the newer adult use states are online and income is realized. They also mentioned a that they preferred a 'go deep not wide (MSO) strategy'. If these companies have stagnant growth over the next two quarters this could play right into the strength of SHWZ. It could draw eyes away from these companies and more toward the ones showing growth. They also briefly mentioned how customer visits are remaining the same but overall basket size is decreasing. They used Massachusetts as an example stating that it dropped from $81 to $73. As the margin lowers it will really start to highlight the operating efficiency of companies.

https://www.headset.io/podcasts/e29-its-earnings-season-for-q321-big-picture-trends-the-economys-effects-on-cannabis-and-dank-at-scale