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StevenRisk

11/01/23 10:36 PM

#20745 RE: atomichands #20743

This has been a red flag for almost immediately after they 1st entered NM. All we heard was this crack management while everyone glossed over the biggest red flag q/q for over 1 year now while adding multiple dispensaries. While management still continued with gaining market share. Now they become mute and pay Dye after he handed off the baton but continues collecting same salaries and stock performance bonuses regardless of performance. Wait till these cancel the options etc. and reprice everything. Bonuses for more losses and dispensaries hardly sounds like a winning formula. Really handing the reins over to address the issues here sounds cowardly imo. How about outside directors, advisors, compensation commies,etc be made of with real people can lead with the direction. Now were stuck with interest and no clue as to pay it off as due with deteriorating cash. This is a management with ego problems and full of excuses. Looks like a piggy bank for management here.
PS Bash away if you would but show me where I am wrong. Now let's assume they go bankrupt. Look who cherry picks management owning so many preferred's. Guess what we shareholders are at the bottom of the food chain. Preferred holdera pick up the scraps
Bearish
Bearish

GoldRu$$H

11/04/23 10:53 PM

#20752 RE: atomichands #20743

StevenRisk:
In my brief analysis, Ultra Health has had a presence in NM for nearly 8 years. Schwazze entered the NM market in December 2021, less than two years. SHWZ was formed in 2020 after Justin Dye took control of Medicine Man Technologies and so they opened 69 dispensaries in two states in less than 4 years. Based on all I have discovered in 30 minutes; these facts lead me to believe that Ultra Health has lost market share to SHWZ. It's possible that SHWZ targets Ultra Health for a buyout, in my opinion.

https://ir.schwazze.com/news-releases/news-release-details/schwazze-announces-transformational-capital-raise-entry-new

In less than two years SHWZ has grown to 38 dispensaries in NM. SHWZ is a multi-state operator with 69 total dispensaries in CO & NM. They are just 1 dispensary behind Cresco Labs.

https://twitter.com/Cannalorian/status/1719086850160140565/photo/1

Ultra Health is a single state operator with 38 dispensaries in NM. Ultra Health is not a publicly traded company.

https://ultrahealth.com/2016/02/

https://ultrahealth.com/new-mexico-dispensaries/bernalillo-dispensary/