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megazoo

03/30/23 7:45 AM

#19822 RE: Drugdoctor #19821

Find me a company in the space which has not reported sequential decline in revenues. Maybe MRMD, but it has its own problems.
Also, you keep on harping about insiders getting rich over preferred dividends. Not even Dye thinks being rich from SHWZ means getting rich from dividends. Which insiders? You think NK prefers collecting dividends and be rich like a doctor or he wants SHWZ to go tenfold and be deca millionaire.
As for impairment charges, it is now, that was then. That was when SHWZ bought Manitou Springs Emerald Fields for around 20 million. But they became profitable from that too. Look at the situation with AYRWF and Columbia.

damAcon1

03/30/23 8:29 AM

#19824 RE: Drugdoctor #19821

Thank you for posting. You bring up valid concerns...and yes, I think all the companies in the space are taking advantage of the down market to add the write offs now, because investors will blame the market conditions and sweep it under the rug. The company gets to move forward less that dead weight and expecting to look better in the quarters to come. I need to go back and look to see what the total is for the top US operators. We have to be around $1B in goodwill/impairment, and that is without Curaleaf, who will probably report about half of that amount on their own. I am glad you shed light on the preferred stock, and dividends. It is on my radar but I (personally) tend to give it a pass because I see how the company is operating, where it is going, and believe it will work itself out in the end (which is probably an investor flaw). As for saturation, I dont ignore it...and, quite frankly I like the lack of license controls. Obviously it is challenging to any business operating under the conditions...but it is also trial by fire. The strong will survive and consumers benefit from the competition...both in quality and price. I like how the operators arent all controlled by big money...and there isnt any 'social equity' license flip. Just sick of these alleged top-operators using their access to capital to get regulators to implement license limits, lock down the licenses, squashing home grow and forcing their moldy garbage down consumers throats for a premium. That's my investment strategy in in a nutshell...and the reason I will continue buying SHWZ (but not reaching...waiting). I prefer a company that is proving their worth while operating in the foxhole as opposed to one making a name for themselves by continuously seeking asylum.

Marillionaire

03/30/23 12:16 PM

#19825 RE: Drugdoctor #19821

In a very challenging Biz climate , and with outrageous interest rates Schwazze did very well, especially considering what the Competition has been reporting , Just by virtue of you posting Brochsteins disgusting face on the Schwazze shows you are disengenious . Everybody knows Brochestein hates Schwazee because JD refused to pay to play advertise on his new Cannabis Ventures website . Legacy shmegasee my ass , Those were aquisitons when they were a consulting Biz to prop up revenues in a challenging Biz climate in Colorado for publicly traded biz , good ridance to them . Damcon posted some very revealing numbers and we are doing well in comaprison . Now with that being said all of the cannabis co's are struggling the Fed Gov is taxing the shit of em , Kepps its classified on the samelevel as heroinand continues allowing black markets to flurish.
Bullish
Bullish