Company profile
Medicine Man Technologies, Inc.
OTC: SHWZ · Industrials · Agricultural - Commodities/Milling
#432 of 988 Industrials companies by revenue58th-percentile growth
EA Score
——FH —DQ 42GM —SS 28
v0.1 · 25/100 weight · pillars only
↑ 3-yr revenue growth, workforce scale · ↓ market scale, listing tenure
Methodology →Revenue TTM
$174.9M
Rev growth YoY (TTM)
+5.5%
Net income (FY)
-$34.5M
Employees
729
as of 2026-08-31
Market cap
$802
as of 2026-08-31
Financials — latest annual
SEC EDGAR · USD-normalizedConceptUSDNativeFY
Revenue$172.4M$172.4M2023
Net income-$34.5M-$34.5M2023
Operating income$3.3M$3.3M2023
Total assets$358.1M$358.1M2023
Liabilities$238.9M$238.9M2023
Equity$119.3M$119.3M2023
Revenue trend
FY2016 – FY2023 · USD
FY16
FY17
FY18
FY19
FY21
FY21
FY22
FY23
Revenue by segment
Filed disclosures · FY2023
By product
Retail90%
Wholesale10%
Other0%
By geography
Wholesale100%
The read
What is Medicine Man Technologies, Inc.’s revenue?
Medicine Man Technologies, Inc. booked $172.4M in FY2023 revenue, growing 8.2% year over year — about the middle of the pack among Industrials companies we track, at a -20.0% net margin.
Peers · Industrials
Cryoport, Inc.60CVoyager Digital Ltd.——SBC Medical Group Holdings Incorporated56CStar Equity Holdings, Inc.46DVoyager Technologies, Inc.37DFirefly Aerospace Inc.31DNeighbors
Denver →Key facts
CEOForrest Hoffmaster
SectorIndustrials
IndustryAgricultural - Commodities/Milling
HeadquartersDenver, CO
ExchangeOTC: SHWZ
Employees729
IPO date2018-02-16
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.