NEO Bourse welcomes high-growth cannabis distributor with Schwazze IPO

TORONTO-(BUSINESS WIRE)-NEO is proud to welcome Medicine Man Technologies, Inc. operating under the name of Schwazze («Schwazze»), the parent company of a portfolio of leading cannabis businesses and brands, from seed to retail, and is listed today on the NEO exchange. Schwazze can now be traded on NEO under the symbol SHWZ.

Headquartered in Denver, Colorado, Schwazze is building a vertically integrated regional cannabis business with assets in Colorado and New Mexico. Schwazze is led by a team of executives with extensive experience building consumer brands in Fortune 500 companies and also in the cannabis sector.

«Our listing on the NEO Bourse represents an important milestone for Schwazze. It provides an additional platform to tell our story to new investors, and to continue implementing our recognized growth strategy as a multi-state operator with a differentiated regional position.», said Nancy Huber, Schwazze CFO. «The NEO Bourse sets the tone for cannabis companies that want to attract institutional attention in the best possible way and increase their liquidity.».

Investors can trade Schwazze (SHWZ) shares through their usual investment channels, including discount brokerage platforms and full-service brokers.

«Today marks the beginning of a new chapter for Schwazze, with increased investor exposure and trading quality on NEO, Canada's Tier 1 exchange for the innovation economy», mentioned Jos Schmitt, President and CEO of NEO Bourse. « Thanks to proper execution and a highly competent management team, Schwazze is poised for growth in the years to come. We are honored to welcome another quality cannabis company to our ranks - a sector that NEO has supported since its inception».

NEO Exchange hosts over 200 unique listings, including some of the most innovative Canadian and international growth companies, as well as ETFs from Canada's largest ETF issuers. NEO consistently contributes between 10 and 15 % of total trading volume in Canada. Click here for a complete list of all securities listed on NEO.

About NEO Bourse

NEO Bourse is Canada's Tier 1 stock exchange for the innovation economy. It brings together investors and players looking to raise capital in a fair, liquid, efficient and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides equal access to trading in all Canadian-listed securities. NEO rates companies and investment products seeking an internationally recognized stock exchange that gives investors confidence, offers quality liquidity and broad awareness, including unfettered access to market data.

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About Schwazze

Schwazze is building a vertically integrated regional cannabis company with assets in Colorado and New Mexico, and a strategy to expand 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 companies and brands, from seed to retail. The company is committed to unlocking the full potential of the cannabis plant to improve the human condition. Schwazze is rooted in a high-performance culture that combines consumer-centric thinking and data science to test, measure, make decisions and deliver results. The company's management team has deep expertise in retail, wholesale and consumer brand building 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 participating in the integration of climate-friendly best practices. Medicine Man Technologies, Inc. was Schwazze's former trade name. The company continues to be known as Medicine Man Technologies, Inc.

Log on to Schwazze : Website | LinkedIn | Twitter | Instagram

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Contact

NEO media contact :
Aimee Morita

[email protected]