Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

Personally, I'd like to see Everest make their earnout, it means the deal was exceptional...but after looking at this set of numbers I have my doubts as most of you probably do as well.

Tough set of comps MoM. No doubt. 4/20 included.

This is a longer battle with tighter margins in a State SHWZ will ultimately dominate. I have a feeling that our lesser, but a newer multiplicand of competition --which lacks an ability to scale, ultimately won't fair as well as these wild west numbers will correct and favor those with a meaningful brand loyalty/footprint as the economy sours or stays not so great stagnant.

The ability of making the best of what they have and bringing a couple of Star*Buds to NM and the same of a R. Greenleaf and/or an Everest to CO as in a cross-market scenario is what success may ultimately look like. Albertsons case in point? A case of one must try that 'cause it's from elsewhere and great. SHWZ has an advantage as they can rebrand with a degree of acceptable cannibalism as required and create a mix as best makes a difference whereas the competition has no such ability as standalone, and my best guess is the standalones are making this pinch felt at present because of promotions and their very much new and exciting factor. Wait for it...if you think things are tough all over, Ha!