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RiversRun

02/16/23 2:03 PM

#19497 RE: olivernoyes #19496

You are correct, nothing new really. JD was asked about potential expansion in Europe and/or other states. He responded that SHWZ is (short term anyway) content with growth potential within CO and NM. When asked where he sees SHWZ in 5 years, he did suggest the possibility of being in "one or 2 more states in that region." All in all, just a reiteration of he and his team being great stewards of capital...stressed a focused plan drenched in fierce daily competitiveness dominated by customer centricity...rounded it out with poignant reminder that SHWZ is one of only a handful of cash flow positive mso's and that we are (in comparison to other CPG brand companies outside the cannabis industry and other mso's) trading at very low multiples. One of his last comments referred to investor opportunity for "outsized returns." I like his consistency in messaging...from '19 to current...the man has a plan.