Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

Have found links to paywall sites that hint at such revs numbers from last year (looking at Everest in the news --TV News and Albuquerque Biz Journal) Still looking. Don't think the NMRLD's CROP will tell us about wholesale ops. Found plants, can run stores, but consolidating a year of 14 dispensaries' revs that were't all 14 all year is probably why there is an earn-out clause in this market.

What we do know: Schwazze normally increases those revs and via lean the gross profits after acquisition to create positive ocf. Each store profitable on its own.

What excites me is the density, additional banner and what is next for this same model drop in CO. I don't see Standing Akimbo being a 2-store banner. Do you? More in the mix and my earlier projection of 70-stores in 2023 looking better and better all the time. I do think there is more M&A in CO this year. No proof, more a gut feeling something substantial and some parsing of words from the last 10K CC from NK with a June Annual Meeting (Everest to close by end of same Q2) probably not a coincidence. A required vote on something else? I think so.