Medicine Man Technologies Inc (SHWZ)

[damAcon1]

So I should have stated that I am not an Oklahoma resident and therefore dont know the true state of the industry in the state. I was just regurgitating information that I heard on 2 podcasts, from a while ago, and tried to locate them to post...but failed to find them. In all honesty, I didnt realize that the state was not recreational already. With the oversupply, something has to give, and from what I was reading tonight it might be the state flips recreational soon. There was talk about it being put on an upcoming ballot. Going recreational could allievate some of oversupply issue, because currently only 10% of the residents of Oklahoma have medical card. Even though I think it is way to early to make a move on Oklahoma, quite frankly I am not worried if mgmt decides to because it is obvious that the company is heading in the right direction under Dye...and he isnt spending an absurd amount, like the other MSOs, when it comes to acquisitions. In Plain Sight's Jim Parco comment about growing his business by 80%, has me sold. Anyway here is some other Oklahoma information driving my reason for hesitation:
Oklahoma decided to let the free market run unencumbered. As a result, the state is now home to nearly 12,600 marijuana business licenses, including more than 8,600 growers and upwards of 2,300 dispensaries. That’s more than double Colorado’s combined recreational and medical stores – despite the fact that Oklahoma has some 1.8 million fewer people.