Medicine Man Technologies Inc (SHWZ)

[Marillionaire]

Another day and another pile of red across the markets most cannabis stocks have been at 52 week lows , even for many non cannabis major corporations. Every message board has doom and gloom. 70% of the economists are forecasting a recession since the inflation seems to continue unabated. Many of us here are exhausted, but let's be very clear. The fundamentals for many of the companies are strong, many had back to back quarters with rising revenue, except the 1st quarter of 2022 , many have declining costs and many have improving margins. It most certainly would be nice if we had a crystal ball on the low ,But we don't ....Gonna keep on buying this at these lows i am 100% confident in our Leader.
We're watching a classic market meltdown - but stock prices do not reflect operational performance - they reflect fear or exuberance. We'd love to see the stock prices trend with performance and in the long run they do, but in the short run - this broader bear market is brutal and we cannot escape that. When you can buy a SHWZ at this low its hard to resist.
Many of these Cannabis companies aren't underperforming, but fear causes people to dump their holdings and run for cover. If you can't control your emotions, you lose in the markets. If you review the fundamentals of a company every quarter and make a buy/sell/hold decision based on that (and NOT the stock price) then you'll be fine. Panic makes everyone else wealth - I hate seeing so much red, but we have lived through booms and busts alike - this one is merely the latest and in the future it'll just be another dip in the long range charts. Good luck to you all.