Monday, May 08, 2023 9:43:36 PM
Dye can't control all variables; he can only apply what he knows and understands. I am not sure if he or anyone at SHWZ, had any idea the explosion of dispensaries in NM would occur. If they did, perhaps they don't fear competition, having confidence not just in the playbook, but the team that executes the Plan is highly skilled.
All politicians, regardless of their stripes, excel at milking cows. Until Federal regulation, such as declassifying from schedule 1, SAFE, interstate commerce, etc., come to fruition, the industry will plod along. Politicians will continue to figure out how to extract as much as they can from this industry. The pols know that with the inundation of NM with dispensary licensing will create a glut and many will eventually close down. They may be able to sleep at night with the notion that the strong will survive. I would guess that the explosion of cannabis dispensary licenses has more to do with the fees these investors have to pay the state for the privilege of losing their ass, when the market bottoms out in NM.
I do believe the strong will survive this planned storm and SHWZ is built for the long haul. The competitive grocery market is something that Justin Dye was born into, it's in his blood, he is not sweating this challenge. Of course, this is just my opinion, but I do plan on buying more whenever I have the opportunity. Best regards.
Recent SHWZ News
- Form NT 10-Q - Notification of inability to timely file Form 10-Q or 10-QSB • Edgar (US Regulatory) • 08/15/2024 08:39:29 PM
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