Medicine Man Technologies, Inc. (SHWZ)

OTCMKTS · Delayed Price · Currency is USD
0.00001
0.00 (0.00%)
May 13, 2026, 4:00 PM EST
Market Cap86.00 -100.0%
Revenue (ttm)174.91M +5.5%
Net Income-67.86M
EPS-0.91
Shares Out85.61M
PE Ration/a
Forward PEn/a
Dividendn/a
Ex-Dividend Daten/a
Volumen/a
Average Volume38,222
Openn/a
Previous Closen/a
Day's Rangen/a
52-Week Rangen/a
Beta77.89
RSI45.72
Earnings DateMar 30, 2026

About Medicine Man Technologies

Medicine Man Technologies, Inc., doing business as Schwazze, engages in the cultivation, manufacturing, distribution, and retail sale of cannabis and cannabis related products in Colorado and New Mexico. It operates through Retail, Wholesale, and Others segments. The company offers loose flower, concentrates, edibles, pre-rolls, topicals, infused beverages, and other associated cannabis products produced by cannabis vendors; and cannabis and non-cannabis products. It operates retail cannabis dispensaries under the Star Buds, Emerald Fields, Sta... [Read more]

Sector Healthcare
Founded 2014
Employees 840
Stock Exchange OTCMKTS
Ticker Symbol SHWZ
Full Company Profile

Financial Performance

In 2023, Medicine Man Technologies's revenue was $172.45 million, an increase of 8.20% compared to the previous year's $159.38 million. Losses were -$42.70 million, 62.6% more than in 2022.

Financial Statements

News

Vireo Growth closes acquisition of Schwazze convertible notes

Vireo Growth (VREOF) closed on a transaction to acquire outstanding senior secured convertible notes of public U.S. multi-state cannabis operator, Medicine Man Technologies (SHWZ). The Company simulta...

7 months ago - TheFly

Schwazze reaches agreement to restructure balance sheet, portfolio of assets

Medicine Man Technologies, Inc., operating as Schwazze (SHWZ) entered into a Restructuring Support Agreement with an affiliate of Vireo Growth (VREOF), which holds a majority of the Company’s outstand...

7 months ago - TheFly

Schwazze provides update on delayed filings

Medicine Man Technologies, operating as Schwazze (SHWZ), is providing an update on its previously announced delayed filings. The company said, “On November 29, 2024, the Audit Committee of the Company...

1 year ago - TheFly

Schwazze Provides Update on Delayed Filings

DENVER, Dec. 04, 2024 (GLOBE NEWSWIRE) -- Medicine Man Technologies, Inc., operating as Schwazze, (OTC: SHWZ) (Cboe CA: SHWZ) ("Schwazze" or the "Company"), is providing an update on its previously an...

1 year ago - GlobeNewsWire

Medicine Man Technologies Earnings Call Transcript: Q2 2024

Q2 2024 revenue rose 2% to $43.2M, with market share gains in both Colorado and New Mexico despite pricing pressures and a drop in gross margin. Operational restructuring, store closures, and debt extension improved financial flexibility, while regulatory and audit challenges remain.

1 year ago - Transcripts

Schwazze Sets Second Quarter 2024 Conference Call for August 13, 2024 at 5:00 p.m. ET

DENVER, July 30, 2024 (GLOBE NEWSWIRE) -- Medicine Man Technologies, Inc., operating as Schwazze, (OTC: SHWZ) (Cboe CA: SHWZ) ("Schwazze" or the "Company"), will host a conference call on Tuesday, Aug...

1 year ago - GlobeNewsWire

Schwazze Announces Restructuring of February 2025 Debt Obligations

DENVER, Colo., July 11, 2024 (GLOBE NEWSWIRE) -- Medicine Man Technologies, Inc., operating as Schwazze, (OTCPK: SHWZ) (Cboe CA: SHWZ) ("Schwazze" or the "Company"), today announced that it has finali...

2 years ago - GlobeNewsWire

Schwazze Announces Transition to OTC Expert Market and Provides Update on Delayed Filing

DENVER, July 01, 2024 (GLOBE NEWSWIRE) -- Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (Cboe CA: SHWZ) ("Schwazze" or the "Company"), today announced that its common stock wil...

2 years ago - GlobeNewsWire

Schwazze Announces Grand Opening of its 35th New Mexico Dispensary in Bernalillo

DENVER, June 07, 2024 (GLOBE NEWSWIRE) -- Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (Cboe CA: SHWZ) ("Schwazze" or the "Company"), today announced the grand opening of its ...

2 years ago - GlobeNewsWire

Schwazze Announces First Quarter 2024 Financial Results

Schwazze Management to Host Conference Call Today at 5:00 p.m. Eastern Time DENVER , May 15, 2024 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (Cboe CA: SHWZ) (...

2 years ago - PRNewsWire

Schwazze Sets First Quarter 2024 Conference Call for May 15, 2024 at 5:00 p.m. ET

DENVER , April 29, 2024 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (Cboe CA: SHWZ) ("Schwazze" or the "Company"), will host a conference call on Wednesday, Ma...

2 years ago - PRNewsWire

Schwazze Announces Fourth Quarter and Full Year 2023 Financial Results

FY 2023 Revenue of $172.4 Million; Income from Operations of $3.3 Million; Adjusted EBITDA of $53.4 Million or 31% of Revenue  Generated $12.2 Million of Operating Cash Flow in FY 2023 DENVER , March ...

2 years ago - PRNewsWire

Schwazze Sets Fourth Quarter and Full Year 2023 Conference Call for March 27, 2024 at 5:00 p.m. ET

DENVER , March 12, 2024 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (Cboe: SHWZ) ("Schwazze" or the "Company"), will host a conference call on Wednesday, March...

2 years ago - PRNewsWire

From Seed to Profit: The Top Cannabis Penny Stocks to Watch

Diving into the dynamic world of U.S. marijuana stocks offers a glimpse into a sector pulsing with growth and brimming with investment prospects. This burgeoning market has captured investors' attenti...

2 years ago - MarijuanaStocks

Schwazze Appoints Forrest Hoffmaster as Interim Chief Executive Officer

DENVER, Feb. 23, 2024 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), today announced that Forrest Hoffmaster, the Compa...

2 years ago - PRNewsWire

Schwazze Announces Third Quarter 2023 Financial Results

Q3 Revenue of $46.7 Million; Income from Operations of $8.9 Million; Adjusted EBITDA of $14.1 Million or 30% of Revenue  Generated $6.9 Million of Operating Cash Flow DENVER , Nov. 14, 2023 /PRNewswir...

2 years ago - PRNewsWire

Schwazze Sets Third Quarter 2023 Conference Call for November 14, 2023 at 5:00 p.m. ET

DENVER , Oct. 30, 2023 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), will host a conference call on Tuesday, November ...

2 years ago - PRNewsWire

Schwazze Announces Launch of Standing Akimbo Hotspot, a New Store Within A Store Concept in Fort Collins

FORT COLLINS, Colo. , Oct. 20, 2023 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), today announced a first of its kind ...

2 years ago - PRNewsWire

Top Marijuana Stocks To Buy And Hold The Rest Of 2023

It is possible that in Q3 of 2023, marijuana stocks begin to see better trading momentum. Now this can be due to several reasons but overall the cannabis industry is still evolving. What this means is...

2 years ago - MarijuanaStocks

Marijuana Penny Stocks for September Investment Watchlist

As the cannabis industry grows rapidly, investors are looking for top marijuana penny stocks set for growth. With September fast coming, these possible jewels deserve special attention. The industry's...

2 years ago - MarijuanaStocks

Schwazze Announces Second Quarter 2023 Financial Results

Q2 Revenue of $42.4 Million; Income from Operations of $5.0 Million; Adjusted EBITDA of $13.8 Million or 33% of revenue  Generated $2.7 Million of Operating Cash Flow  DENVER, Colo. , Aug. 9, 2023 /PR...

3 years ago - PRNewsWire