Medicine Man Technologies Inc (SHWZ)

[damAcon1]

That's because most cannabis investors can't see the forest for the trees. They are still stuck in the early Canada legalization mindset where footprint/scale matters. They have yet to draw parallels between Canadian sqft footprint and US state footprint. Just because you are in "X" amount of states doesnt mean you are an efficient operator. They dont see the larger companies turning off assets in competitive states as negative performance indicator....they see it as cost savings, margin protecting. IMO the lack of govt movement is both a blessing and a curse. It's a curse because the industry is not moving forward at the speed we investors wish it was and it is not level setting the industry...but it is a blessing because capital is not flowing as easily as it once was. As times goes on, and things get tougher (stock prices remain stagnant), it is slowly changing the investor mindset to focus on underlying company performance. I would like to believe that eventually this will play into SHWZs favor...but since they are not getting the flashy $100+ basket sizes, and $60 eights (for mids)...this transition could take longer than anticipated.