Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

There is probably a formula for determining as to population, income, perceived need, and actual sales demand how many stores (including good, better and lesser competitors) can be reasonably supported. We know at present our dispensary distribution is 22:10 against a ROM population of 5.8MM:2.1MM for CO and NM.

There is more of an immediate retail identity demand in CO (four corners approach?) to satisfy near term despite a mature, but highly fragmented market. And the company has not even begun to show us anything on the western slope of CO. My personal view is go CO heavy (what JD has said previously) and then allow for opportunistic fill in as the production in NM ramps.

There is also a glaring example of too much too soon to be had now of a failing operator (MMNFF) who has 4 stores that are/were closed in all places...FL as reported in their latest Feb 8th 10-Q for a lack of inventory to sell (where their better competitors are literally eating their and their shareholders' lunches) Do you think the Florida Skunk Ape (TCNNF) cares? We need to become that Sasquatch in CO.