Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

In sum: No. Drastic change needed to address the mechanism that feeds the illicit market and the moves while well intended will be ineffective in the short term (2-yrs) Nice start, but what has happened in CA with the outsized "noncommercial family of four mini-home grows" is going to be present everywhere for a while and continue to feed illicit long after the ink on well-intended crime measures are made into law is dry. Over supply without a home? That's a problem that won't disappear unless regulated, expensive, or made painful-fearful.

Closing 800 grows is a jump start in OK. Denying license renewals for violations as basic as tax reporting/illegal labor/trafficking out-of-state is also a means to an end in reducing a what has become an out-of-control med market which is more illicit than anything approaching a medical program. The admission of 7,000 vs 1,000 licensed ops is at least a recognition of oversupply and a lack of meaningful controls. I'd expect the cartels and their organized crime networks to push back with lawfare and why the OK govt is tapping the Federal Govt for support if they are to take down multiple networks, all/most layered and dispersed. Until cross border ops (yes, into Mexico) are greenlighted, it's impulse reaction/policing and that will likely outlast the lawful market as the grey zone of quasi-legal at home grows will always exceed their ability to properly "gift" and instead feed the illicit (and as such avoid anything less than overzealous enforcement unless some drastic changes are instituted like removing home grow as an option)