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Medicine Man Technologies Inc
865 N. Albion St., Suite 300
Phone: (303) 371-0387p:303 371-0387 DENVER, CO  80220  United States Ticker: SHWZSHWZ
This company was Merged or Acquired on 11/1/2021.
On 5/3/2024, the Securities and Exchange Commission (SEC) charged BF Borgers CPA PC and its owner, Benjamin F. Borgers, with significant violations of Public Company Accounting Oversight Board (PCAOB) standards across more than 1,500 SEC filings from January 2021 to June 2023. The charges included falsely representing compliance with PCAOB standards to clients, fabricating audit documentation, and inaccurately stating compliance in audit reports. According to the SEC's order, of 369 BF Borgers' clients whose public filings from January 2021 through June 2023 incorporated the firm's audits and reviews, at least 75 percent of the filings incorporated audits and reviews that did not comply with PCAOB standards. The financials in this report may include past audits and reviews conducted by BF Borgers CPA PC that are deemed not compliant with PCAOB standards.
This is a Subsidiary, click here for the Parent Company
Business Summary
Medicine Man Technologies, Inc., operating as Schwazze, is a vertically integrated multi-state cannabis operator. The Company’s business involves the cultivation, manufacturing, distribution and retail sale of cannabis and cannabis-related products. The Company sells products it manufactures and cultivates and a variety of other cannabis goods through wholly owned retail stores, licensing arrangements, and/or third-party operators and retailers. It has three segments: Retail, Wholesale and Other. The Retail segment consists of retail locations for the sale of cannabis products. The Wholesale segment consists of manufacturing, cultivation and sale of both wholesale cannabis and non-cannabis products. The Other segment encompasses the Company’s general corporate operations, in-store advertisements and certain vendor promotions. It has operations in Colorado and New Mexico. The Company owns and operates 63 retail dispensaries, six cultivation facilities and three manufacturing facilities.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
YesYes-Yes---

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
6/30/202412/31/2023YesYes---

Industries
SIC Code Description
5912 Drug stores and proprietary stores
2833 Medicinal chemicals and botanical products
0182 Food crops grown under cover
8742 Management consulting services

Business Names
Business Name
Brow 2, LLC
Citi-Med LLC
Colorado Black Diamond Cannabis Company, LLC
36 additional Business Names available in full report.

General Information
Number of Employees: 729 (As of 3/1/2024)
Outstanding Shares: 56,286,529 (As of 7/19/2024)
Shareholders: 122
Stock Exchange: OTC
Federal Tax Id: 465289499
Fax Number: (303) 481-4417


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Wednesday, November 20, 2024