Medicine Man Technologies Inc (SHWZ)

[Drugdoctor]

I have substantially reduced my holdings in $SHWZ and the entire MJ sector in the past few months, as I see the liquidation of MJ ETF funds and the constant barrage of less than stellar earnings reports. Unfortunately, Schwazze is a well managed company, but now I just see most posters harping on the negatives here, the rampant competition and price drops happening not only in Colorado, but now in New Mexico, where the expansion is unchecked and likely there will be a wave of business closures later this year or next. And the 100 million plus in high interest debt and the preferred dividends will suck most of the profits out of the financials, until something happens to change the parameters.

So please keep rushing all the new openings, the price drops, the terrible financials posted by the competition, and anything else that could possibly hurt the share price, as I will add back some shares when the time is right. GLTA