Medicine Man Technologies Inc (SHWZ): We all knew it was coming: https://www.k...

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Medicine Man Technologies Inc (SHWZ)

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Friday, 06/30/2023 3:14:11 PM

Friday, June 30, 2023 3:14:11 PM

We all knew it was coming: https://www.kob.com/new-mexico/cannabis-industry-leaders-ask-state-to-pause-new-licenses/

Signed by Ken Diehl on behalf of both R. Green Leaf and Everest.
(I thought we welcomed competition?)

The letter said, in part:
An unfortunate byproduct of the free-market approach that our state took for licensing new operators is a saturation of regulated and illegal cannabis products in New Mexico. These two factors are resulting in homegrown small and medium-sized cannabis businesses being forced to close their doors or lay off staff. Our local businesses simply cannot compete with the illicit market and the immense oversupply.

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Recent SHWZ News

Form 4/A - Statement of changes in beneficial ownership of securities: [Amend] • Edgar (US Regulatory) • 05/17/2024 08:12:44 PM
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