Medicine Man Technologies Inc (SHWZ)

[damAcon1]

Thanks for the article. What is crazy...

...is the breakdown (and someone please check me because this doesnt seem real...so I feel I went wrong somewhere). The state believes that they will see $300M in sales the first year. I know this isnt exact...because store count has been increasing monthly...but $300M/585 stores is almost $513,000/store/year....broken down monthly...that is $42,750/store/month.

SHWZ is seeing an average of $3.5M in sales/month (guess)...broken down (and I know the sales at each location is different) $3.5M/16 = $218,750/store/month...which is almost 5x the store/month sales?

I mean goodness. If the state expecting to see $300M in sales their first year....and SHWZ is averaging $3.5M in sales per month...that will be $42M for 12 months! With 16 out of the total, 585 stores, SHWZ only owns 2.7% of the total stores that are operational...BUT is seeing 14% of the states total annual sales...IN JUST 16 STORES!

And honestly, this is even more impressive when you look at the states average monthly transaction (basket) size and see that it is only $50.80 for a medical transaction and $45 for an adult-use transaction.