Streetbeat News

SHWZ

Medicine Man Technologies Inc

Employees

258

Industry

Administrative Management and General Management Consulting Services

Open

0.11

Mkt cap

8.6M

Volume

387

High

0.24

P/E Ratio

-0.26

52-wk high

1.55

Low

0.11

Div yield

N/A

52-wk low

0.01

Cannabis sales in Colorado have increased by 5% quarter-to-date, while Connecticut's sales remain flat year-over-year. Notable companies in these markets include Schwazze, The Cannabist Company, Curaleaf, Green Thumb Industries, Trulieve Cannabis, and Verano Holdings.

Portfolio Pulse from Nicolás Jose Rodriguez

October 15, 2024 | 12:41 am

Viridian Capital Advisors highlights the importance of considering hidden debt in cannabis company valuations. Companies like Planet 13 Holdings and MariMed saw valuation increases when hidden debts were factored in, while others like Schwazze and Green Thumb Industries showed minimal changes, indicating cleaner balance sheets.

Portfolio Pulse from Nicolás Jose Rodriguez

September 22, 2024 | 4:19 pm

Benchmark analyst Mike Hickey has reiterated a Buy rating on Medicine Man Technologies (OTC:SHWZ) and maintained a price target of $2.5.

Portfolio Pulse from Benzinga Newsdesk

August 14, 2024 | 2:29 pm

Medicine Man Technologies (OTC:SHWZ) reported Q2 2024 GAAP EPS of $(0.20), missing the $(0.19) estimate, but sales of $43.236M beat the $42.000M estimate.

Portfolio Pulse from Benzinga Newsdesk

August 13, 2024 | 8:08 pm

A recent report by Pablo Zuanic of Zuanic & Associates analyzes the debt maturities of over 20 multi-state operators (MSOs) in the U.S. cannabis industry. Ascend Wellness Holdings (OTC:AAWH) refinanced $200 million in debt, issuing $235 million in 5-year Senior Secured Notes at a 12.75% coupon rate. Other MSOs with significant debt include Schwazze (OTC:SHWZ), The Cannabist (OTC:CCHW), 4Front Ventures (OTC:FFNTF), Gold Flora (OTC:GRAMF), and Jushi Holdings (OTC:JUSHF). The report also highlights high income tax debt and leverage ratios for several companies, including StateHouse (OTC:STHZ) and Verano (OTC:VRNOF).

Portfolio Pulse from Nicolás Jose Rodriguez

August 02, 2024 | 3:17 pm

Several cannabis companies, including Glass House Brands, Schwazze, Jones Soda, and SHF Holdings, are set to release their earnings reports in mid-August 2024. Key updates include Glass House's legal victory, Schwazze's debt restructuring, Jones Soda's private placement, and SHF Holdings' partnership with BIPOCann.

Portfolio Pulse from Jelena Martinovic

July 31, 2024 | 4:40 pm

Cannabis stocks and ETFs saw significant movement following President Joe Biden's announcement that he will not seek re-election. Key stocks like Aurora Cannabis, Village Farms International, Tilray Brands, and SNDL experienced notable gains. Multi-state operators and cannabis ETFs also saw positive performance.

Portfolio Pulse from Nicolás Jose Rodriguez

July 22, 2024 | 10:12 pm

Cannabis stocks experienced significant volatility following President Joe Biden's announcement that he will not seek re-election. Some stocks surged while others plummeted, reflecting investor sentiment and market speculation about future regulatory changes. Cannabis ETFs also showed mixed performance, indicating cautious optimism among investors.

Portfolio Pulse from Nicolás Jose Rodriguez

July 22, 2024 | 6:12 pm

Medicine Man Technologies, Inc., operating as Schwazze (OTCQX:SHWZ), announced that its stock will transition to the OTC Expert Market due to a delayed SEC filing. The delay stems from the dismissal of its previous auditor, BF Borgers CPA PC, and the subsequent SEC order against BF Borgers. Schwazze has engaged Baker Tilly US, LLP as its new auditor and is working to complete the necessary audits. The company is also seeking a management cease trade order from the Ontario Securities Commission.

Portfolio Pulse from Nina Zdinjak

July 02, 2024 | 1:33 pm

C21 Investments Inc. has acquired a 6,500-square-foot cannabis dispensary in South Reno, Nevada, for $3.5 million. The store will be rebranded under Silver State Relief. Additionally, Higher Collective opened a new dispensary in Torrington, Connecticut, and From the Earth launched a new store in Kansas City, Missouri. Medicine Man Technologies, operating as Schwazze, opened its 35th New Mexico dispensary.

Portfolio Pulse from Jelena Martinovic

June 11, 2024 | 12:47 am

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.