SCHWAZZE OPENS CANNABIS DISPENSARY IN NEW MEXICO SERVING LOS LUNAS COMMUNITY; SECOND R.GREENLEAF STORE TO OPEN WITHIN A WEEK - Marketscreener.com

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NEO: SHWZ
OTCQX: SHWZ

Grand Opening Event Scheduled for Wednesday, December 17th

, /PRNewswire/ - Schwazze, (OTCQX: SHWZ)  (NEO: SHWZ) ("Schwazze" or the "Company"), a premier vertically integrated, multi-state operating cannabis institution with assets successful Colorado and New Mexico, announces the expansive opening of its adult-use dispensary, R.Greenleaf, located successful Los Lunas, New Mexico. The caller store, located astatine 2245 Main Street successful Los Lunas, officially opened its doors for concern connected December 1st. Store operating hours are 10a to 10p Monday done Saturday; 10a to 8p connected Sunday.

SCHWAZZE LOGO (CNW Group/Schwazze)

The Los Lunas R.Greenleaf store opening continues the deliberate enlargement passim the authorities of New Mexico and comes connected the heels of the store opening conscionable 1 week agone successful Sunland Park which followed 2 store openings successful Ruidoso and Clovis successful the past 60 days. This brings R.Greenleaf's full fig of New Mexico retail dispensaries to 14. All locations service the needs of aesculapian patients arsenic good arsenic recreational adult-use consumers.

"We are thrilled to beryllium opening up the 2nd R.Greenleaf dispensary successful New Mexico wrong 1 week's time. The squad has been incredibly hard astatine enactment to marque this happen," said Steve Pear, New Mexico Division President for Schwazze. "R.Greenleaf, offering a wide assortment of prime products serviced by top-notch, knowledgeable staff, has grown from 10 locations to present 14 successful New Mexico since Schwazze purchased the retail banner earlier this year."

A expansive opening solemnisation of Los Lunas R.Greenleaf volition beryllium held connected Saturday, December, 17th, opening astatine 10a and moving until 3p. Swag bags volition beryllium disposable to the archetypal 50 shoppers featuring a tote bag, branded rolling papers and different R.Greenleaf gear. DJ Sonya G volition beryllium connected tract during the lawsuit to supply tunes for each successful attendance, and Ribs Hickory Pit BBQ volition supply escaped pulled pork sandwiches for the archetypal 50 customers making a purchase.

R.Greenleaf Los Lunas volition besides connection introductory pricing connected flower, edibles, and vapes opening connected the 17th and continuing done December 24th. Enrollment successful the Gratify Rewards loyalty programme is already open. Gratify Rewards members that marque a acquisition of immoderate magnitude connected December 17th will automatically beryllium entered to triumph a $100 R.Greenleaf acquisition card.  

Los Lunas Store Location
R.Greenleaf
2245 Main Street
Los Lunas, New Mexico 87031

Grand Opening Celebration
Saturday, December 17th
10a to 3p

Since April 2020, Schwazze has acquired, opened oregon announced the planned acquisition of 39 cannabis retail dispensaries arsenic good arsenic 7 cultivation facilities and 2 manufacturing plants successful Colorado and New Mexico. In May 2021, Schwazze announced its Biosciences part and successful August 2021 it commenced location transportation services successful Colorado.

About Schwazze
Schwazze (OTCQX: SHWZ  NEO: SHWZ) is gathering a premier vertically integrated determination cannabis institution with assets successful Colorado and New Mexico and volition proceed to instrumentality its operating strategy to different states wherever it tin make a differentiated determination enactment position. Schwazze is the genitor institution of a portfolio of starring cannabis businesses and brands spanning effect to sale. The Company is committed to unlocking the afloat imaginable of the cannabis works to amended the quality condition. Schwazze is anchored by a high-performance civilization that combines customer-centric reasoning and information subject to test, measure, and thrust decisions and outcomes. The Company's enactment squad has heavy expertise successful retailing, wholesaling, and gathering user brands astatine Fortune 500 companies arsenic good arsenic successful the cannabis sector. Schwazze is passionate astir making a quality successful our communities, promoting diverseness and inclusion, and doing our portion to incorporated climate-conscious champion practices.

Medicine Man Technologies, Inc. was Schwazze's erstwhile operating commercialized name. The firm entity continues to beryllium named Medicine Man Technologies, Inc. Schwazze derives its sanction from the pruning method of a cannabis works to heighten works operation and beforehand steadfast growth.

Forward-Looking Statements
This property merchandise contains "forward-looking statements." Such statements whitethorn beryllium preceded by the words "plan," "will," "may," "continue," "predicts," oregon akin words. Forward-looking statements are not guarantees of aboriginal events oregon performance, are based connected definite assumptions, and are taxable to assorted known and chartless risks and uncertainties, galore of which are beyond the Company's power and cannot beryllium predicted oregon quantified. Consequently, existent events and results whitethorn disagree materially from those expressed oregon implied by specified forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with (i) our inability to manufacture our products and merchandise candidates connected a commercialized standard connected our ain oregon successful collaboration with 3rd parties; (ii) difficulties successful obtaining financing connected commercially tenable terms; (iii) changes successful the size and quality of our competition; (iv) nonaccomplishment of 1 oregon much cardinal executives oregon scientists; (v) difficulties successful securing regulatory support to marketplace our products and merchandise candidates; (vi) our quality to successfully execute our maturation strategy successful Colorado and extracurricular the state, (vii) our quality to consummate the acquisition described successful this property merchandise oregon to place and consummate aboriginal acquisitions that conscionable our criteria, (viii) our quality to successfully integrate acquired businesses, including the acquisition described successful this property release, and recognize synergies therefrom, (ix) the ongoing COVID-19 pandemic, * the timing and grade of governmental stimulus programs, and (xi) the uncertainty successful the exertion of federal, authorities and section laws to our business, and immoderate changes successful specified laws. More elaborate accusation astir the Company and the hazard factors that whitethorn impact the realization of forward-looking statements is acceptable distant successful the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report connected Form 10-K and its Quarterly Reports connected Form 10-Q. Investors and information holders are urged to work these documents escaped of complaint connected the SEC's website astatine http://www.sec.gov. The Company assumes nary work to publically update oregon revise its forward-looking statements arsenic a effect of caller information, aboriginal events oregon different but arsenic required by law.

Los Lunas R.Greenleaf Dispensary (CNW Group/Schwazze)

Cision

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