damAcon1, thanks for some great comments and research. There are some excellent points stated.
Now to make my point and this is just a personal observations. How many states does it take SHWZ to make a multi state operation? Just one and SHWZ has the perfect setup with Oklahoma an adjoining state and has the most Starbuds stores outside of the Colorado operations. While it is still currently a crime under Federal law to transport cannabis across state lines (even if both states have made cannabis legal), SHWZ could acquire those locations and the Oklahoma supplier location for those stores. Dye could then send one of the top personnel to help oversee the operation and then SHWZ will have its footprint on being a MSO. The person overseeing the operation could still operate out of Denver and drive down occasionally to Oklahoma so no need to set up some kind of headquarters there.
I am probably the shareholder with the longest tenure on this chat board owning this stock. I bought some shares (not many back then) right after it went public and have never sold out. I have traded some shares from time to time but mostly just been accumulating and accumulating. Now the changeover in leadership of SHWZ makes it my core holding and I know it will bring a huge return so I am not planning to sell anytime soon.
Dye and his team have been doing a fantastic job and they sure get my kudos for a job well done. But this stock needs something (pizazz) to get it on many of the big guys radars. Becoming a MSO would help that even if it is just a two state operation.
I feel my thesis has some merit that could work and not be a major expense. I am throwing out ideas and who knows but maybe Dye reads this chat board occasionally. If he did, he would see that we are a educated, thoughtful and concerned bunch of shareholders that has the best interest of us and the company at heart.
I am not being an armchair CEO but I do have 30 years of finance/stock market work background along with having 10 years experience in two international logistic companies so I understand domestic and international commerce. I am not saying I have the total experience of a Justin Dye, but I am not spewing unreasonable ideas.
I have been a patient shareholder and will continue to keep my faith in Dye because he has the track record of being one of the best.
Yes I am frustrated because I am sick of seeing companies like GME and AMC skyrocket and their real stock value is $$$zero! I am not a believer in posting on other chat boards to promote SHWZ but I give Drugdoctor credit because I can tell he is tired of not seeing this stock move and he has been a shareholder for a long time. So he is doing everything possible to get SHWZ the visibility it needs. There are a few others who do it occasionally and I thank you too. It is just not my style but I applaud all of you for it.
I post my ideas here to create interesting conversation and to stay engaged. My ideas and thesis might not be of value to some, but I appreciate all comments whether you agree with me or not
Wishing everyone a great weekend!