Medicine Man Technologies Inc (SHWZ)

[damAcon1]

I would agree. I think most states saw a good December in sales.

Side note: I also realized my previous YoY growth percentage calculation was off. Looking at the last Q the company put up $119M in revenue. The company has already surpassed last years total annual revenue by about 10%. I estimated this years revenue to be around $162M, but where I screwed up is using the $162 as the denominator...and got 33% increase YoY....when I should have years last years total revenue.

With that being said, the annual YoY growth should be somewhere around 50%!

(162 - 108) / 108 which is 54 / 108 or 0.5 = 50%

I am hoping that the company finally gets the recognition that it deserves because it is showing growth at the right time, in challenging market conditions...and in challenging markets...while growing margins without the need to trim assets and/or reduce their labor force. I anticipate most of the other 'Top Tier' candidates will probably show revenue growth, from new state sales like NJ, but their growth wont appear as eye opening. I just hope that I am finally right this time...because I honestly thought industry recognition should have come last year.