Medicine Man Technologies Inc (SHWZ)

[In Plain Sight]

R. Greenleaf and Everest will survive, but thrive is a becoming a fugitive term without some checks and balances. I think the letter points out (by those who are the industry) what is going wrong in NM. Unless a critical set of fixes are made this goes the way of Oklahoma pdq. So far NM hasn't updated the dispensary count from 1,006. Other numbers out and third best overall month this year. Any guesses for June dispensaries? 1,350-1,550? I think the latter number will be closer to where it settles before it gets better but won't be surprised if it goes well over 2,000. Eight enforcement officers for the entire State? That's a trainwreck coming off the rails now. What of illicit IC? Is that a problem? Last I read a biz in Albuquerque was caught with CA marked product for sale and nothing really happened? Personally, I think this was what the adults in the room had to do if the market is to remain relevant. A 10% bump in total sales with another 50% -100% growth in competitors and lower sales all around isn't what anyone signed up for and then suddenly figure out they can't do that for very long (and) will as you've mentioned, close out for those who can't compete. Tax rev collection becoming an added cost for the State as more of these companies fall into arrears won't help but may gain some greater attention from their seed to leaf counters which aren't doing such a dandy job on illicit coming into NM --where no tax is collected either.