Fort Collins, Colorado

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

Retrieved on: 
Friday, May 12, 2023

These two vibrant cannabis markets have limited licenses and present Schwazze with more opportunities to serve customers in northern Colorado.

Key Points: 
  • These two vibrant cannabis markets have limited licenses and present Schwazze with more opportunities to serve customers in northern Colorado.
  • This acquisition continues Schwazze's deliberate expansion in Colorado, bringing the Company's total number of Colorado dispensaries to 27.
  • The acquired assets included state and local retail marijuana licenses supporting the adult use dispensaries acquired in the transaction.
  • In May 2021, Schwazze announced its Biosciences division, and in August 2021, it commenced home delivery services in Colorado.

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

Retrieved on: 
Friday, May 12, 2023

DENVER, May 12, 2023 /PRNewswire/ -- Schwazze, (NEO: SHWZ) (OTCQX: SHWZ) ("Schwazze" or the "Company"), announced today that it closed the transaction to acquire certain assets of Cannabis Care Wellness Centers, LLC and Green Medicals Wellness Center #5, LLC (d/b/a "Smokey's").  The transaction includes the recreational and medical use Smokey's dispensaries located at 2515 7th Avenue in Garden City as well as 5740 S. College Avenue in Fort Collins. These two vibrant cannabis markets have limited licenses and present Schwazze with more opportunities to serve customers in northern Colorado. This acquisition continues Schwazze's deliberate expansion in Colorado, bringing the Company's total number of Colorado dispensaries to 27. The acquired assets included state and local retail marijuana licenses supporting the adult use dispensaries acquired in the transaction.     

Key Points: 
  • These two vibrant cannabis markets have limited licenses and present Schwazze with more opportunities to serve customers in northern Colorado.
  • This acquisition continues Schwazze's deliberate expansion in Colorado, bringing the Company's total number of Colorado dispensaries to 27.
  • The acquired assets included state and local retail marijuana licenses supporting the adult use dispensaries acquired in the transaction.
  • In May 2021, Schwazze announced its Biosciences division, and in August 2021, it commenced home delivery services in Colorado.

Inotiv, Inc. Announces Second Quarter Fiscal 2023 Financial Results

Retrieved on: 
Thursday, May 11, 2023

Based on current information, we expect legal and third party fees to be lower in the third quarter of fiscal 2023.

Key Points: 
  • Based on current information, we expect legal and third party fees to be lower in the third quarter of fiscal 2023.
  • Further, consolidated net loss included $21.0 million of interest expense during YTD FY 2023, up from $12.4 million in YTD FY 2022.
  • In the first fiscal quarter of 2023, the Company initiated the relocation of two RMS facilities in Indianapolis, IN, which are expected to be completed by June 30, 2023.
  • Management will host a conference call on Thursday, May 11, 2023, at 4:30 pm ET to discuss second quarter results for fiscal year 2023.

SCHWAZZE ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS

Retrieved on: 
Wednesday, May 10, 2023

Adjusted EBITDA (1) of $14.5M, or 36% of Revenue, Compared to $7.9M, or 25% in Q1 2022

Key Points: 
  • Adjusted EBITDA (1) of $14.5M, or 36% of Revenue, Compared to $7.9M, or 25% in Q1 2022
    DENVER, May 10, 2023 /PRNewswire/ - Medicine Man Technologies Inc. operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), today announced financial results for the first quarter ("Q1 2023").
  • "Schwazze continues to gain significant momentum in its performance year-over-year despite a continued challenging environment, particularly in Colorado," said Nirup Krishnamurthy, President of Schwazze.
  • Consolidated First Quarter revenues of $40 million dollars increased $8.2 million dollars or 26% compared to $31.8 million dollars for the same quarter last year.
  • As a result, Schwazze generated Net Income of $1.7 million dollars compared to a Net Loss of ($26.8) million dollars for Q1 2023.

SCHWAZZE ANNOUNCES FIRST QUARTER 2023 FINANCIAL RESULTS

Retrieved on: 
Wednesday, May 10, 2023

Adjusted EBITDA (1) of $14.5M, or 36% of Revenue, Compared to $7.9M, or 25% in Q1 2022

Key Points: 
  • Adjusted EBITDA (1) of $14.5M, or 36% of Revenue, Compared to $7.9M, or 25% in Q1 2022
    DENVER, May 10, 2023 /PRNewswire/ -- Medicine Man Technologies Inc. operating as Schwazze, (OTCQX: SHWZ) (NEO: SHWZ) ("Schwazze" or the "Company"), today announced financial results for the first quarter ("Q1 2023").
  • "Schwazze continues to gain significant momentum in its performance year-over-year despite a continued challenging environment, particularly in Colorado," said Nirup Krishnamurthy, President of Schwazze.
  • Consolidated First Quarter revenues of $40 million dollars increased $8.2 million dollars or 26% compared to $31.8 million dollars for the same quarter last year.
  • As a result, Schwazze generated Net Income of $1.7 million dollars compared to a Net Loss of ($26.8) million dollars for Q1 2023.

Seven Colorado Emergency Response Centers Earn "Center of Excellence" Honors from the IAED

Retrieved on: 
Wednesday, April 19, 2023

The IAED's ACE credential is the highest distinction given to emergency communication centers, certifying that they are performing at or above global standards for best practices in emergency response.

Key Points: 
  • The IAED's ACE credential is the highest distinction given to emergency communication centers, certifying that they are performing at or above global standards for best practices in emergency response.
  • Emergency communication centers can earn multiple accreditations, one for each emergency discipline they service (medical, fire, police, and emergency nurse triage).
  • Over 3,500 emergency communication centers worldwide use the medical, fire, police, and emergency nurse triage protocols developed and maintained by the IAED.
  • The IAED is the standard-setting organization for emergency dispatch and response services worldwide and is the leading body of emergency dispatch experts.

Lice Clinics of America Franchisee to Host Different Kind of “Egg Hunt”

Retrieved on: 
Monday, April 3, 2023

Fort Collins, CO, April 03, 2023 (GLOBE NEWSWIRE) -- A local business will be helping families find eggs of a different kind this Easter season.

Key Points: 
  • Fort Collins, CO, April 03, 2023 (GLOBE NEWSWIRE) -- A local business will be helping families find eggs of a different kind this Easter season.
  • On Saturday, April 8, Lice Clinics of America clinics in Fort Collins and Longmont will offer free screenings to help families be lice-free.
  • The clinics will also offer deeply discounted professional treatments for $99 (regularly $185).
  • The professional treatments use a heated-air medical device called AirAllé that dehydrates and kills lice and lice eggs.

Trumark Homes Expands Colorado Portfolio with 44 Homesites in Timnath

Retrieved on: 
Wednesday, April 12, 2023

DENVER, April 12, 2023 /PRNewswire/ -- Trumark Homes, the award-winning homebuilder with divisions in Colorado and California, announced today that it is expanding its Colorado portfolio and will build 44 single-family detached homes in Timnath, CO.

Key Points: 
  • DENVER, April 12, 2023 /PRNewswire/ -- Trumark Homes, the award-winning homebuilder with divisions in Colorado and California, announced today that it is expanding its Colorado portfolio and will build 44 single-family detached homes in Timnath, CO.
  • "Trumark Homes is excited to be expanding our footprint in Colorado in the beautiful town of Timnath with new homes at Kitchel Lake," said Scott Davis, Colorado Division President for Trumark Homes.
  • Timnath is a fast-growing suburb of Fort Collins and conveniently located within minutes of Old Town's retail and dining scene and Colorado State University.
  • Trumark Homes' additional Colorado communities currently selling include RainDance National and Pelican Shores in Windsor.

BluSky Restoration Contractors Announces Two New Vice Presidents on National Team

Retrieved on: 
Tuesday, April 4, 2023

DENVER, April 4, 2023 /PRNewswire-PRWeb/ -- BluSky Restoration Contractors, LLC, a leading national property restoration company in the U.S., announced the appointment of Ashley Fullenkamp as vice president of insurance services and Derek Ewigleben as vice president of sales: operations, to lead our growing teams.

Key Points: 
  • BluSky Restoration Contractors, LLC, a leading national property restoration company in the U.S., announced the appointment of Ashley Fullenkamp as vice president of insurance services and Derek Ewigleben as vice president of sales: operations, to lead our growing teams.
  • DENVER, April 4, 2023 /PRNewswire-PRWeb/ -- BluSky Restoration Contractors, LLC , a leading national property restoration company in the U.S., announced the appointment of Ashley Fullenkamp as vice president of insurance services and Derek Ewigleben as vice president of sales: operations, to lead our growing teams.
  • In her new role as as vice president of insurance services, Ashley will be leading a team of national business development managers for insurance accounts.
  • Her experience in restoration and expertise in the insurance marketplace makes her a perfect fit to lead this team.

Ray Caraway Joins Peak Solutions to Lead Nonprofit Division.

Retrieved on: 
Thursday, March 30, 2023

FORT COLLINS, Colo., March 30, 2023 /PRNewswire/ -- Peak Solutions is proud to announce that veteran nonprofit executive, Ray Caraway, has joined their team.

Key Points: 
  • FORT COLLINS, Colo., March 30, 2023 /PRNewswire/ -- Peak Solutions is proud to announce that veteran nonprofit executive, Ray Caraway, has joined their team.
  • Ray joins the Fort Collins-based leadership development firm after 30 years of nonprofit experience and 17 years as CEO at the Community Foundation of Northern Colorado.
  • Ray Caraway's focus at Peak Solutions will be helping nonprofit teams narrow their focus while enabling board members to make meaningful contributions with guidance from his wealth of experience in the nonprofit world.
  • To learn more about the work Ray Caraway and Peak Solutions are doing with nonprofits, visit peaksol.com/non-profits.