Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

Solid report.

While I personally disagree with their assessment on SAFE+ by January, they probably have a much better pulse of timing than I after yesterday, today, and wtf does this elective mess mean as that issue goes in what we call a Constitutional Republic...lol. Provided it is a go...credit card sales as allowed should improve retail sales by a nice factor, but probably not in time for a meaningful additive Q4 impact unless there is a retail Christmas miracle of sorts. Another impressive +12% over peer performance in CO with uncertainty and difficult economics for the cash paying customer who has less ready affluence. Customer base and that loyalty building will make a difference going forward especially in stressed markets as they are keenly aware. In sum, I read them as focused on the prize and telling us this (to paraphrase "Regional") focus in CO and NMl) is a winning strategy (by their scale) despite the distractions of the macro environment (Mid-Terms D+1 and what we know that we don't know)

I believe there was a question on brands and NK with the mention of a CBD brands push. Is this what is hiding behind Schwazze Biosciences? Sounds plausible --that could be a significant rollout all by itself as beyond the in-dispensary placement, hence increased recognition of their SKU brand names goes.

Obvious they were disappointed by delays of 4-additional NM stores opening not at the beginning, but now towards the end of Q4. Delays hold back capital for more rapid expansion. Great discipline in my lay view. For me it really begins to paint a picture of what will be well prepared, surviving, and thriving operators like SHWZ and the opposite inefficient, over-extended that are absorbed or gone altogether sooner.