Replies to post #20198 on Medicine Man Technologies Inc (SHWZ)

[olivernoyes]

Personally, I think it would have zero impact. It's clear there are no eyeballs on the cannabis sector right now (except us few diehards), and even less eyeballs are on SHWZ, which currently averages around 40k shares per day. Zzzzzzzz....

The only catalyst that will revive the share price of SHWZ (and the rest of the cannabis sector) is meaningful legislation. SAFE, 280e, uplisting, revised Cole memo. These will all be catalysts.

Until one (or some) of these happens we're just a handful of posters on a board that not many people read.

[damAcon1]

I am assuming, because we can't afford a continuous cash drain, that this is a one-time thing and not a quarterly or annual dividend? As a one-time thing, theoretically it may generate some excitement...but I am not sure it will. I think any pop would cause selling pressure before, and especially after, the dividend...because of industry sentiment...if it is not paired with federal news. Honestly, I think something similar, a one-time dividend, is supposed to happen with SNDL in regards to their Nova deal...and from what I can tell it really hasn't had any impact on the stock price nor has it garnered the investor, or potential investor, excitement one would have assumed it would have. Props given for outside-of-the-box thinking.

Side note: I saw on Twitter the CEO of Curaleaf advertising their new loyalty points system. I didn't look much into it...you know, to see if the top 'prize' is a Tesla.

[GoldRu$$H]

I really appreciate your contributions to this board, so I respond with all due respect. I do not agree with any dividend offering from SHWZ for the following reasons.

I think it flies in the face of the playbook, reducing cash for expansion.

The industry and company are in its infancy and so bleeding cash through a dividend scheme is just bad timing.

JD's close to vest style with the lack of serial press releases is refreshing for an OTC company, where passing gas is often celebrated with a PR by OTC CEO Hucksters.

The move would be seen widely as just a gimmick, everyone knows SHWZ is not a blue chip and no other cannabis outfit is.

As one damAcon1 posted, what if financial circumstances dictate pulling back the dividend, then the effort turns into a more harm them good move.

Your idea of SHWZ developing an internal IR department would be far less expensive and produce better results to buoy the stock price. This is a great proposal as tasking the CFO to handle investor relations is spreading Mr. Hoffmaster too thin. Let's get the most out of his talents by leaving him to the numbers and finding the best IR person for SHWZ.

We know what we have here with SHWZ and this talented Team that JD has put together. It makes it more frustrating to drift down to a buck, and still have them considered a Tier II, with most everyone else in the industry bleeding cash. IMO, we are heading into the final summer doldrums for the cannabis sector. With the Presidential elections in November 2024, cards will soon have to be turned onto the table. I will not be surprised by a rescheduling of cannabis in the spring of 2024 and decriminalization Federally to follow, with enough time to use as a campaign tool. Some form of SAFE will pass before the end of 2023. All my opinion/gut feeling or my best tea reading.

https://en.wikipedia.org/wiki/Cannabis_policy_of_the_Joe_Biden_administration

Winston Churchill was quoted as saying “Americans can always be trusted to do the right thing, once all other possibilities have been exhausted.” It was probably said based on the plodding nature of our political system that allows for too much delay in getting things done in favor of finding ways to enhance campaign contributions for every crisis or decision Congress makes. A politician's best skill is knowing how to milk a cow.

As much frustration as these cannabis summer doldrums will offer, I advise caution and patience and believe the virtue will pay off in the end.

Best regards