Replies to post #20492 on Medicine Man Technologies Inc (SHWZ)

[Future2016]

I think a lot of ppl told them the reasons why they aren’t happy.

[damAcon1]

Just some napkin math using the slide in the presentation that indicated an ~8% market share in CO and ~10% market share in NM.

WestWord estimates the 2023 CO market at $1.56B...and NM is an approximate $45M monthly sales. So far in 2023 the company has posted revenue of $82.4M.

CO second half estimate is $780M; 8% is $62.4M. NM second half estimate is $270M; 10% is $27M.

That's $89.4M in revenue for the remaining 6 months. Approximately $44.7M per quarter in revenue.

And a total annual revenue of $171.8M, which is a 7.8% YOY revenue increase.