Replies to post #20012 on Medicine Man Technologies Inc (SHWZ)

[StevenRisk]

IMO, most will be converted and debt will not be the problem as suggested in the past. Why would you not convert if the pps is much higher than $1.20

[In Plain Sight]

Maybe I'm missing something really, really basic...but aren't there covenants and restrictions in place by the debt-to-equity holders preventing any basic dilution before their shares are scheduled when payment is due or if they convert? Sort of like guarantees that their shares when converted won't have already been diluted? I thought I read that on the large convertible agreement as part of the $98MM loan that was used in part for funding R. Greenleaf's purchase for example. The company has some room to make an approach to renegotiate of course, but I think the lender holds some important safeguards for the time being. Likewise, I also thought there are limits as to any new debt without all the party's concurrence? As a for instance, $SHWZ must maintain $10MM in cash at the end of each quarter to satisfy the loan requirements on an on-going basis. This discussion of added equity all seems a bit out of place and premature and well, for what it's worth, a distant worry about an event in an out-year with a stock price in a market none of us, themselves nor others can control. Influence greatly, by good or bad deeds/events, but likely never control.

That said, I do I like what they do control at the present and the deliberate execution of a retail heavy strategy going forward that is driving the repayment vehicle. Speaking of, things (sales) getting a boost potentially in CO and the expansion of their B2B supply chain and B2C (AND would really take off if SAFE passes with credit cards for B2C) for on-line and store pick up --and of course, delivery where offered, such as Aurora.

https://www.marijuanamoment.net/colorado-lawmakers-approve-bills-to-allow-online-marijuana-sales-and-bolster-professional-protections-sending-them-to-governor/