{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-24-062075","form_type":"8-K","ticker":null,"cik":"0001622879","company_name":"Medicine Man Technologies, Inc.","filed_at":"2024-05-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:19.294591+00:00","generated_at":"2026-06-01T23:11:36.016595+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Schwazze Q1 revenue up 4% to $41.6M but net loss of $16.1M; Adjusted EBITDA down 49% YoY","bullets":["Revenue of $41.6M, up 4% YoY; gross margin fell to 43.1% from 54.6% on pricing pressure.","Net loss of $16.1M vs net income of $1.7M in Q1 2023.","Adjusted EBITDA of $7.3M, down 49% from $14.5M a year ago.","Cash and equivalents $13.2M at quarter-end; total debt $159.7M.","Company cites competitive retail environments in Colorado and New Mexico as headwinds."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-24-062075","json":"https://secwatch.observer/filing/0001104659-24-062075.json","markdown":"https://secwatch.observer/filing/0001104659-24-062075.md","text":"https://secwatch.observer/filing/0001104659-24-062075.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1622879/000110465924062075/0001104659-24-062075-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1622879/000110465924062075/tm2414632d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-01T23:11:36.016595+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"5630016440e29a9fb7dd3ca5d452704ef1e26543","claim":"Medicine Man Technologies, Inc. reported first quarter ended March 31, 2024 results: revenue $41.6 million, net income $16.1 million.","evidence_excerpt":"Total revenue in the first quarter of 2024 increased 4% to $41.6 million compared to $40.0 million for the same quarter last year.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1622879/000110465924062075/0001104659-24-062075-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Revenue","value":"$41.6 million"},{"label":"Net income","value":"$16.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}