Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

Have to admit, it sounds encouraging (SAFE). Until a law on the books, just happy talk from the uni-party in DC which gets little accomplished. They have no tangible credibility as a whole on this issue, but in their efforts and successes to fund raise for another day while protecting their taxing authority like 280e is more than intact. I prefer to give them credit for what they don't do, staying mostly out of the way as a State's Rights issue. With banking they could help, but a bridge too far approaching a dozen times? Wake me when it's passed.

While on subjects of bloat I've started doing a deeper dive in to what is the adjusted near peer group for SHWZ going forward. The results, while some have greater revenues by far, are also amazing as to waste via a lack of meaningful profitable scale. And that has never stopped the 'horribly performing Canna ETFs from dca'ing. At present, my favorite over valued Tier II which should correct sharply down in pps is GLASF. It is simply the most overpriced stock in the group, and I can see an adjustment by a factor of stupid-ridiculous multiples on the downside to the well under 50 centavos trading range --and ultimately lower like a GRAMF. A commodity wholesaler in a State with the greatest illicit problem, a CA exclusive environment, and 7-dispensary smallish footprint doesn't add up to where it's trading at on a price per share adjusted basis. It's ripe for harvesting by the shorts fundamentally speaking imo.