TORONTO–(BUSINESS WIRE)–$SHWZ #NEOExchange—NEO is proud to welcome Medicine Man Technologies, Inc., operating as Schwazze (“Schwazze”), the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale, as they list today on the NEO Exchange. Schwazze is now available for trading on NEO under the symbol SHWZ.
Headquartered in Denver, CO, Schwazze is building a vertically integrated regional cannabis company with assets in Colorado and New Mexico. Schwazze is led by an executive team with expertise in building consumer brands at Fortune 500 companies and within the cannabis sector.
“Our listing on the NEO Exchange is an important milestone for Schwazze. It provides an additional platform as we bring our story to new investor audiences and as we continue to execute our proven growth playbook as a multi-state operator with a differentiated regional position,” commented Nancy Huber, Chief Financial Officer of Schwazze. “The NEO Exchange is setting the pace for cannabis companies who want to attract the right institutional attention and increase their liquidity.”
Investors can trade shares of Schwazze (SHWZ) through their usual investment channels, including discount brokerage platforms and full-service dealers.
“Today marks a new chapter for Schwazze as they gain access to wider investor exposure and increased quality of trading on NEO, Canada’s Tier 1 exchange for the innovation economy,” remarked Jos Schmitt, President and CEO of the NEO Exchange. “Through sound execution and a highly capable management team, Schwazze is poised for growth in the years to come. We are honoured to welcome another quality cannabis company to our ranks – an industry which NEO has backed since its very beginning.”
The NEO Exchange is home to well over 200 unique listings, including some of the most innovative Canadian and international growth companies, and ETFs from Canada’s largest ETF issuers. NEO consistently facilitates between 10% and 15% of all Canadian trading volume. Click here for a complete view of all NEO-listed securities.
About the NEO Exchange
The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
Schwazze is building a vertically integrated regional cannabis company with assets in Colorado and New Mexico, with a strategy to take its operating system to other states where it can develop a regional leadership position. Schwazze is the parent company of a portfolio of leading cannabis businesses and brands spanning seed to sale. The company is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is anchored by a high-performance culture that combines customer-centric thinking and data science to test, measure, and drive decisions and outcomes. The Company’s leadership team has deep expertise in retailing, wholesaling, and building consumer brands at Fortune 500 companies as well as in the cannabis sector. Schwazze is passionate about making a difference in the community, promoting diversity and inclusion, and doing its part to incorporate climate-conscious best practices. Medicine Man Technologies, Inc. was Schwazze’s former operating trade name. The corporate entity continues to be named Medicine Man Technologies, Inc.
NEO Media Contact: