Medicine Man Technologies Inc (SHWZ)

[lazur]

I only now got to read through the call. Debt to Equity is 1.7. While high, it's still under 2, and at this stage of the industry and its challenges with low stock prices, it's still below 2 and says to me an appropriate balance of risk due to the nature of the industry. And they're managing it well.

I also like this comment in reference to debt and acquisitions, seems to me some lip smacking going on that would make Andy's 4 stores rather small potatoes by comparison - he's not only speaking of managing debt and balance sheet but making the clear distinction between them and those who don't do that and the opportunities that can arise very quickly in the acquisition space, along with changes in their debt and equity:

"we control our destiny and there's a lot of companies that don't. And I think that as we threw this will come out of this capital vacuum, so to speak, on the debt and the equity side. And we're going to come out very, very strong.

And I think these things happen quickly and I think we'll see – we'll be more appreciated in terms of share price."

On the whole, where the industry is, how the fed is fumbling, issues with banking, I view this as a strong ER. And I'm not bothered with the impairments related to the wholesale side, better to cut and run now. And I'm better with the debt after seeing the ratio - expected in a growing industry like this for a company making thoughtful and continuing expansion.