Medicine Man Technologies Inc (SHWZ)

[damAcon1]

Q&A had good questions asked...the rest of the call was not exactly comforting. With the exception of the company expecting S3 news, the 34th NM store opened and new product factors expected over the next quarters, even their positive takeaways were industry negative -- like 'shakeout' continues. I think they said 72 stores closed. In addition, SHWZ is expecting negative growth as they are planning to close 3 underperforming stores in CO -- but will be reallocate the licenses. I guess my positive takeaway continues to be the company's ability to have Tier1 Gross Profit Margins while operating in two of the most competitive markets -- where CO is seeing $750/lbs of flower -- while Tier1s cry cost compression and competition in markets 3+ times that rate. So basically, if SHWZ can outlast, until the 'chasing limited markets/highest revenue generating' investor excitement wears off and the US industry playing field levels (sarcasm), that is when the company will start shine.

https://www.greenmarketreport.com/schwazze-has-the-blahs/