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Schwazze's Q3 Preliminary Revenue Slides As Debt Grows, 2023 Financials Face Re-Audit
Friday, November 8, 2024 - 9:17am | 655Medicine Man Technologies, Inc., operating as Schwazze (OTC:SHWZ) announced its preliminary financial results Thursday for the third quarter ended Sept. 30, 2024. The Colorado-based cannabis company reported revenue of approximately $42 million, which compares to revenue of $46.75 million in the...
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Schwazze Restructures Its $32M Debt Obligations, Improving Financials To Grow Across Colorado And New Mexico
Friday, July 12, 2024 - 11:42am | 552Medicine Man Technologies, Inc., operating as Schwazze (OTC:SHWZ) (Cboe CA: SHWZ) is restructuring its February 2025 debt obligations. The Colorado-based cannabis company announced Thursday that it finalized an agreement with two its lenders to restructure its $15.0 million Altmore, LLC loan...
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Schwazze Cannabis Co Transitions To OTC Expert Market Due To Delayed Filing
Tuesday, July 2, 2024 - 9:33am | 670Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX:SHWZ) (Cboe CA: SHWZ) announced Monday that its common stock will soon transition to the OTC Expert Market, under the ticker symbol "SHWZ." The Denver-based company said this is due to its delayed filing of its Form 10-Q for the period...
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Schwazze's Q1 2024 Financial Results: Takes A Hit In Colorado, Overall Cannabis Sales Up By 9%
Wednesday, May 15, 2024 - 6:14pm | 617Medicine Man Technologies, Inc., operating as Schwazze (OTC: SHWZ), announced its financial results for the first quarter ended March 31, 2024. Schwazze's interim CEO, Forrest Hoffmaster, commented on the results. "We delivered another period of revenue growth in Q1 as we further...
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Who's Who In Cannabis: Latest Executive Changes You Should Know About
Monday, April 15, 2024 - 8:22pm | 1438As the Benzinga Cannabis Capital Conference gets underway in Florida, gathering top CEOs, investors and leaders in the cannabis industry, let's scroll through the latest leadership changes in space, starting with companies that named new CEOs over the past period. Decibel Cannabis Company Inc. (...
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Schwazze Records 8% Revenue Growth In Q4 2023 Amid Competitive Cannabis Retail Landscape (CORRECTED)
Thursday, March 28, 2024 - 11:53am | 887Editor’s Note: The headline has been updated for accuracy. Schwazze reported an 8% revenue growth in Q4 2023, not a drop. Medicine Man Technologies, Inc. (OTC:SHWZ), operating as Schwazze, announced its financial and operational results on Thursday for the fourth quarter and full year ended ...
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Schwazze Q3 2023 Touts $46.7M Revenue Thanks To Expanding Retail Footprint: 63 Weed Shops And Counting
Tuesday, November 14, 2023 - 6:44pm | 529Medicine Man Technologies Inc., operating as Schwazze (OTCQX: SHWZ) (NEO: SHWZ), disclosed its financial and operational results for the third quarter ending September 30, 2023. CEO Nirup Krishnamurthy highlighted the company's expanded retail footprint of 63 stores in Colorado and New...
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Schwazze Reports Q2 2023: Revenue $42.4M Despite Challenges, Adjusted EBITDA $13.8M
Wednesday, August 9, 2023 - 7:22pm | 573Medicine Man Technologies, Inc., operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) reported its financial and operating results Wednesday afternoon for the second quarter that ended June 30, 2023. Q2 Highlights In Q2 2023, Schwazze's Q2 2023 financials reveal a total revenue of $42.4 million,...
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Schwazze Appoints Forrest Hoffmaster As CFO
Friday, January 20, 2023 - 12:16pm | 425Medicine Man Technologies operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ), announced changes to its executive financial leadership team in preparation for its growth initiatives in Colorado and New Mexico with the addition of CFO, Forrest Hoffmaster. Hoffmaster replaces the current CFO, Nancy...