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Medicine Man Technologies Inc - SHWZ STOCK NEWS

Welcome to our dedicated news page for Medicine Man Technologies (Ticker: SHWZ), a resource for investors and traders seeking the latest updates and insights on Medicine Man Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Medicine Man Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Medicine Man Technologies's position in the market.

Rhea-AI Summary
Schwazze, operating as Medicine Man Technologies, reported FY 2023 revenue of $172.4 million, with income from operations of $3.3 million and adjusted EBITDA of $53.4 million. The company generated $12.2 million in operating cash flow. Despite market pressures in Colorado and New Mexico, Schwazze expanded its store footprint by over 50% to 63 dispensaries, focusing on customer experience and operational efficiencies.
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Rhea-AI Summary
Schwazze, operating as Medicine Man Technologies, will host a conference call to discuss its financial and operational results for Q4 and FY 2023. The call will provide insights into the company's performance and future prospects.
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-2.64%
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Rhea-AI Summary
Schwazze appoints Forrest Hoffmaster as interim CEO following Nirup Krishnamurthy's resignation. Hoffmaster brings over 30 years of executive experience in finance and operations, with a successful track record in leading companies through growth and cost optimization strategies.
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-2.19%
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management
Rhea-AI Summary
Schwazze (OTCQX: SHWZ) (NEO: SHWZ) announced Q3 2023 financial results, reporting $46.7 million in revenue, $8.9 million income from operations, and $14.1 million adjusted EBITDA. The company continued to expand its retail footprint in Colorado and New Mexico, focusing on wholesale business growth and enhancing the customer experience. Schwazze also highlighted its strategy for 2024, emphasizing the integration of acquired assets to drive sales across its expanded footprint.
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-8%
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earnings
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Rhea-AI Summary
Medicine Man Technologies, Inc., operating as Schwazze, will host a conference call on November 14, 2023, at 5:00 p.m. Eastern time to discuss its financial and operational results for the third quarter ended September 30, 2023. Interested parties may submit questions prior to the call. The conference call will be broadcast live and available for replay on the investor relations section of the Company's website.
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-3.23%
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earnings
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Rhea-AI Summary
Schwazze announces launch of Standing Akimbo Hotspot, a new store-within-a-store concept in Fort Collins
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-1.03%
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-13.43%
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earnings
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0.35%
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Rhea-AI Summary
Medicine Man Technologies, Inc., operating as Schwazze, will host a conference call on August 9, 2023, at 5:00 p.m. Eastern time to discuss its financial and operational results for the second quarter ended June 30, 2023. Interested parties may submit questions prior to the call.
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8.14%
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earnings
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acquisition
Medicine Man Technologies Inc

OTC:SHWZ

SHWZ Rankings

SHWZ Stock Data

63.96M
56.25M
19.14%
0.42%
Administrative Management and General Management Consulting Services
Professional, Scientific, and Technical Services
Link
United States
Denver

About SHWZ

medicine man technologies, (symbol: mdcl), offers full service cannabis consulting and licensing of our state-of-the-art, turnkey cultivation and dispensary operating solutions. we represent and license the cultivation and dispensary ip of medicine man, a prominent tier iii colorado operator. we help clients navigate state applications, facility design, business and financial planning, as well as facilitate the adoption of operating procedures and training materials to teach your organization how to effectively operate a commercial cultivation and retail dispensary. we provide the experience and expertise to clients who have the resources necessary to enter the competitive medical and adult use cannabis marketplace, helping to mitigate the costly mistakes that many new companies will experience.