Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

More what's not what good looks like in a name...

This time it's a Norcal Medicine Man which is involved in the potential diversion of cannabis out of State according to the whistleblowers report. Funny thing, the FBI and CA Canna Control Division don't seem to care. Ha-ha? Yeah, the former too focused on imaginary CW2 or alike, smh. SAFE is making the long-convoluted way for an actual banking committee vote then floor vote in the Senate. Personally, I think it passes with a R sponsored firearm rights/caveat on D sponsored expungement for convictions for non DoD/DoE/Sensitive this time around --and before the general elections. In all, recognizing States' Rights to enforce. Dunno if HHS -DEA will even address reschedule without a campaign pledge for '24 to advance. And don't care anymore. With Fentanyl still a Schedule II...wtf lmao. Idiocracy on display all day long.

https://www.greenmarketreport.com/california-whistleblower-alleges-millions-in-cannabis-diversion-by-former-employer/#comment-73515

With some of the Tier II's about to implode as in undergo a formal receivership, the name MedMen will likely be in the news soon with multiple highly visible and unfavorable reporting. Of particular note on page 7 the Going Concern Clause was again invoked:

https://s23.q4cdn.com/397038000/files/doc_financials/2023/q2/MMNFF-2022.12.24-10Q-Financial-Statement-FN.pdf

Recent and broad brush strokes ahead perhaps as to why the company should lose the former corporate name entirely. 39-days left in Q2 and some big acquisitions all slated to close during this period. I'm patient. Added this morning. Waiting and looking towards a much larger baseline and expansion. I am comfortable projecting @70 stores this year with revs @$220MM and a smaller net loss than '22. In sum, the $SHWZ offense remains on the field in play while some neighboring stadiums are burning to the ground.

Meanwhile... Cresco prepares to announce Q1 tomorrow and is up today 10% and pushing the string of Tier I's and the ETFs along with it in anticipation? What could go wrong?