Medicine Man Technologies Inc (SHWZ)

[StevenRisk]

Correct. That was for q3. However sales were alot worse for the 1st 2 months of q4. Almost 20% down for Nov. alone. Remember they were marginally profitable with about $1 mil profits in q3. With being down that much in sales I believe q/q will be down based on that. With fixed interest rates and even with a small decline in sales will be felt. Then add on acrual acquisition costs that were incurred before closings imo will lead to a loss.

Dont get me wrong with cash on hand along with this bump in the road will bring opportunities in Colorado that may never occured for SHWZ. It is times like this good companies get better and the weaker ones either die or get bought on the cheap. Make no mistake this is the silver lining.

Also remember no dispensaries were added q4 so q3 to q4 is apples to apples q1 2022 yp substantially but no report until mid may