Man I was so confused on what I was looking at when I went to the CROP site and searched by "Greenleaf". Some were "R.", others were just "R". The inconsistency in the name was as confusing as the multiple locations in what appeared directly across the street from a location. That is why I started to add part of the address in some of the names. All the 'new' locations were $0 sales, which is also unusual. I personally dont think that they are one location with multiple entrances...but could be for 1 or 2 of the new ones, based on the address. If they are 'entrance' based, and there are multiple pinpoints per location, than the state reported total dispensary count could be inflated. It is also like the state is posting newly licensed, but not yet opened locations, because I have seen situations on that site where a store was open for a day before the month close out and there was still an amount posted (even if it was a couple hundred bucks). Another one that confused me was the 3 Los Cruses locations; 2 new and 1 with a significant (96% MoM decline) all within a stones throw of one another within a mall-like setting (according to the map). As for an updated investor deck and an IR that is capable of providing actual information in responding to inquiries...I couldn't agree more...and is an absolute necessity. I have yet to get an actual (quantifiable) answer to my inquiry...and follow up email...regarding the number of Q1 transactions and avg basket size, per state, when this information is obviously known and previously provided on earnings calls -- with the exception of this past quarter. In general, I have been less active on the board...not just because I have been slammed at work...but also because I am starting to feel like SHWZ is transitioning from the company/mgmt that was easy to get behind...to just another dime-a-dozen cannabis company. We all knew CO is a challenging market and could see a NM inflection point was coming...but IMO now is the time the company needs to increase its communication with shareholders (via PR or updating the investor deck) so investors can treat the decline as 'temporary' and 'lean into' the vision. I also feel like that startup POS system that Justin and Nirup are Board Members for should also be rolled up under the SHWZ umbrella, and shareholders hold some form of ownership in the company since the company used...and are using...SHWZ dispensaries to prove out their technology. Justin and Nirup shouldn't be the only beneficiaries when investors also took part in the risk.
