Replies to post #21214 on Medicine Man Technologies Inc (SHWZ)

[Drugdoctor]

Yea, the financials came in about where I also expected them to be, and this has to be concerning...


Income (loss) from Operations: Loss of $2.7 million in Q1 2024, compared to income of $5.6 million in Q1 2023.

Net Loss: $16.1 million in Q1 2024, compared to net income of $1.7 million in Q1 2023.

We all expected the charges, and hopefully they will be significantly reduced in Q2 (the current quarter) burt the loss from operations will need to be fixed, as it will drain the cash reserves to continue those kinds of losses. I was playing in a golf tourney today, so I didn't listen to the conference call, probably listen to the replay tomorrow, but I hope they have a plan...