Medicine Man Technologies, Inc. (SHWZ)

OTCMKTS: SHWZ · Delayed Price · USD
0.820
-0.060 (-6.82%)
Mar 28, 2024, 3:48 PM EDT - Market closed
Market Cap 53.85M
Revenue (ttm) 169.27M
Net Income (ttm) -32.52M
Shares Out 72.59M
EPS (ttm) -0.65
PE Ratio n/a
Forward PE 8.04
Dividend n/a
Ex-Dividend Date n/a
Volume 147,632
Open 0.880
Previous Close 0.880
Day's Range 0.741 - 0.900
52-Week Range 0.480 - 1.550
Beta 1.62
Analysts Strong Buy
Price Target 2.50 (+204.88%)
Earnings Date Aug 9, 2023

About SHWZ

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 and Wholesale 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, and R. Green... [Read more]

Sector Healthcare
Founded 2014
Employees 651
Stock Exchange OTCMKTS
Ticker Symbol SHWZ
Full Company Profile

Financial Performance

In 2023, SHWZ'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, 131.2% more than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for SHWZ stock is "Strong Buy" and the 12-month stock price forecast is $2.5.

Price Target
$2.5
(204.88% upside)
Analyst Consensus: Strong Buy

News

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 ...

1 day 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...

16 days 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...

18 days 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...

5 weeks 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...

4 months 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 ...

5 months 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 ...

5 months 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...

Other symbols: FLGC
6 months 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...

7 months 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...

8 months ago - PRNewsWire

MULTI-STATE CANNABIS OPERATOR, SCHWAZZE, CONTINUES EXPANSION IN NEW MEXICO WITH NEW R.GREENLEAF STORE OPENING IN HOBBS, NM

NEO: SHWZ OTCQX: SHWZ DENVER , Aug. 8, 2023 /PRNewswire/ - Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), a multi-state operating cannabis company with assets in Colorado and New M...

8 months ago - PRNewsWire

Schwazze Sets Second Quarter 2023 Conference Call for August 9, 2023 at 5:00 p.m. ET

DENVER , July 26, 2023 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), will host a conference call on Wednesday, August ...

8 months ago - PRNewsWire

3 Top Marijuana Stocks To Watch This Week

Marijuana stock investors are keeping watch for the next investment opportunity. With the current wave of volatile trading, the end result every investor wants to see is a rise in trading. Yet this vo...

9 months ago - MarijuanaStocks

SCHWAZZE COMPLETES ACQUISITION TO MANAGE ASSETS OF NEW MEXICO CANNABIS OPERATOR, EVEREST APOTHECARY, INC.

NEO: SHWZ  OTCQX: SHWZ Acquisition Increases Schwazze's New Mexico Retail Store Count to 32 and  Provides Expanded Coverage Throughout State DENVER , June 5, 2023 /PRNewswire/ - Medicine Man Technolog...

10 months ago - PRNewsWire

MULTI-STATE CANNABIS OPERATOR, SCHWAZZE, PROMOTES NIRUP KRISHNAMURTHY TO CHIEF EXECUTIVE OFFICER

NEO: SHWZ  OTCQX: SHWZ DENVER , May 31, 2023 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), is pleased to announce the ...

10 months ago - PRNewsWire

MULTI-STATE CANNABIS OPERATOR, SCHWAZZE, ANNOUNCES GRAND REOPENING OF EMERALD FIELDS STORE IN DENVER, COLORADO

OTCQX: SHWZ NEO: SHWZ Grand Reopening Event Scheduled for Saturday, May 20th DENVER , May 16, 2023 /PRNewswire/ - Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), a multi-state opera...

11 months ago - PRNewsWire

MULTI-STATE CANNABIS OPERATOR, SCHWAZZE, ACQUIRES TWO RETAIL DISPENSARIES FROM SMOKEY'S CANNABIS COMPANY

OTCQX: SHWZ NEO: SHWZ Star Buds Retailer Now Enters the Fort Collins and Garden City Markets in Colorado DENVER , May 12, 2023 /PRNewswire/ - Schwazze, (NEO: SHWZ) (OTCQX: SHWZ) ("Schwazze" or the "Co...

11 months ago - PRNewsWire

3 Marijuana Stocks To Buy Today To Make Some Money?

Top Marijuana Stocks For Your May Portfolio The post 3 Marijuana Stocks To Buy Today To Make Some Money? appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry...

11 months ago - MarijuanaStocks

SCHWAZZE ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS

OTCQX: SHWZ NEO: SHWZ Revenue Increases 26% to $40.0M Compared to $31.8M in Q1 2022 Income From Operations Grew to $5.6M Compared to ($4.8M) in Q1 2022 Adjusted EBITDA (1) of $14.5M, or 36% of Revenue...

11 months ago - PRNewsWire

Is It Time To Buy Marijuana Stocks? 3 To Watch Under $2

Is The Cannabis Sector A Buy In May? The post Is It Time To Buy Marijuana Stocks? 3 To Watch Under $2 appeared first on Marijuana Stocks | Cannabis Investments and News. Roots of a Budding Industry.™.

11 months ago - MarijuanaStocks

SCHWAZZE ANNOUNCES FIRST QUARTER EARNINGS CALL

OTCQX: SHWZ NEO: SHWZ DENVER , May 3, 2023 /PRNewswire/ - Medicine Man Technologies operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), will hold a first quarter earnings w...

11 months ago - PRNewsWire

MULTI-STATE CANNABIS OPERATOR, SCHWAZZE, ANNOUNCES EXECUTIVE VICE PRESIDENT OF COMMERCIAL SALES, CHRIS DRIESSEN

NEO: SHWZ OTCQX: SHWZ DENVER , May 1, 2023 /PRNewswire/ - Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), announces a key addition to i...

11 months ago - PRNewsWire

SCHWAZZE SIGNS DEFINITIVE DOCUMENTS TO ACQUIRE ASSETS OF SUCELLUS, MANAGE ASSETS OF EVEREST, A PROMINENT NEW MEXICO CANNABIS OPERATOR

NEO: SHWZOTCQX: SHWZ Announced Acquisition to Increase Schwazze's New Mexico Retail Store Count to 32 Transaction Provides Expanded Coverage Throughout State DENVER , April 25, 2023 /PRNewswire/ - Med...

1 year ago - PRNewsWire

SCHWAZZE LAUNCHES EDW - A NEW READY-TO-ROLL, HALF OUNCE PRE-GROUND FLOWER PRODUCT

OTCQX: SHWZ  NEO: SHWZ EDW | EVERY DAY WEED for EVERY DAY THAT ENDS IN A 'Y' DENVER , April 6, 2023 /PRNewswire/ - Regional, multi-state cannabis operator, Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwaz...

1 year ago - PRNewsWire

SCHWAZZE ANNOUNCES FOURTH QUARTER 2022 & YEAR-END 2022 RESULTS

OTCQX: SHWZ NEO: SHWZ Record 2022 Revenue Increases 47% to $159.4 Million Compared to $108.4 Million in 2021 Company Continues to Grow Positive Cash Flow from Operations  in Fourth Quarter and Year-En...

1 year ago - PRNewsWire