Medicine Man Technologies Inc (SHWZ)

[damAcon1]

After I was confused with the CROP site results showing 57 R.Greenleaf and Everest locations, I outreached to IR inquiring as to the accuracy. I was told, "We now have 32 locations in New Mexico under the R.Greenleaf and Everest banners." I also questioned last quarters transaction count, and basket size, per state, and was told that the information was not publicly disclosed last quarter...and that the company would be evaluating what metrics to provide on a constant basis moving forward.

I am not necessarily losing faith in the company, and their ability to be a difference-maker in the industry, but the frustration is starting to build. When you provide this information the 3 prior quarters, and then intentionally omit them, raises a red flag with me...and it causes me to have a harder time getting behind any future comment that the company is operating above a state threshold because the quantifiable evidence is missing to support the claim.