Medicine Man Technologies Inc (SHWZ): Agreed. Retail revenue down a tick, whol...

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Medicine Man Technologies Inc (SHWZ)

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Re: Chichus post# 20073

Wednesday, 05/10/2023 4:57:40 PM

Wednesday, May 10, 2023 4:57:40 PM

Agreed. Retail revenue down a tick, wholesale up a tick. All-in-all essentially flat...but let's say 'maintained'...which in itself is impressive because Q4 has Christmas sales. Really I am impressed with margins -- no slip there. Small gain on the gross profit margin (0.003%); larger gain on adjusted EBITDA as a percentage of revenue (+3.2% QoQ). Add in the icing on the cake of $2.75M in FCF and a decreasing accumulated deficit. I am pleasantly surprised by the numbers.

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