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Re: StevenRisk post# 16354

Friday, 04/01/2022 9:55:57 PM

Friday, April 01, 2022 9:55:57 PM

Post# of 21300
I missed the Q4 ER call so the transcripts will be a good read.

you posted this link yesterday, Colorado cannabis had a considerable pullback in revenue.

https://docs.google.com/spreadsheets/d/1wE7Z_1q2zxL7-kP0AqlUvL731U3Aui1l/htmlview

So SHWZ did take a hit, while all other cannabis operators experienced the same effects in CO. I think their expansion in CO helped offset what could have been worse for them is they were a smaller operation.

However, moving to NM as a new MSO was perfect timing for a down market in CO. SHWZ continued expansion as well as economies of scale and Dye's blueprint will reduce exposure to future lower CO state revenue drop if it continues. Inflation is making shoppers cut back on discretionary spending.
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