Replies to post #21216 on Medicine Man Technologies Inc (SHWZ)

[Drugdoctor]

So I believe earnings have been "baked into" the price now. If you look at $TCNNF - sporting a $11.92 price - and they lost $23,000,000.00 in the first quarter of 2024, I believe that management can turn this around. I've been predicting closing of underperforming locations for about a year now, and I believe they are finally going to do it. After years of rapid growth, it's time to focus on sustained profitability, and it appears they know this. So, 2.3 million in profits for the rest of the year with over $160 million in revenues, should be entirely possible for Schwazze. Here's a link to Trulieve's losses.. https://finance.yahoo.com/news/trulieve-cannabis-corp-tcnnf-q1-172244930.html