Medicine Man Technologies Inc (SHWZ): Price tag seems a little hefty. Obviousl...

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Medicine Man Technologies Inc (SHWZ)

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Re: Drugdoctor post# 19910

Tuesday, 04/18/2023 8:18:34 AM

Tuesday, April 18, 2023 8:18:34 AM

Price tag seems a little hefty. Obviously this is a play at the Colorado Springs medical market/license:

"The consideration for the proposed acquisition is US$10,540,000 and will be paid as US$1,000,000 in cash and US$5,540,000 in Company common stock at closing, and US$4,000,000 in deferred cash payments."

"As part of the Standing Akimbo acquisition, Schwazze plans to open a Colorado Springs medical dispensary acquired in 2022 under the Standing Akimbo banner."

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