R.GREENLEAF, SCHWAZZE’S NEW MEXICO RETAIL BANNER, LAUNCHES NEW E-COMMERCE CUSTOMER EXPERIENCE

NEO: SHWZ
OTCQX: SHWZ

R.Greenleaf paves the way for direct trading relationships with customers,
Provides a seamless, time-saving shopping experience

DENVER, March 13, 2023 /PRNewswire/ – chatter, (NEO:SHWZ) (OTCQX:SHWZ) (“Schwazze”) or the “Company”), announces the launch of a new e-commerce store site for R.Greenleaf, its New Mexico based retail banners with 17 locations statewide. This new shopping experience, available at http://rgreenleaf.com, allows customers to skip the line and order online by pre-ordering, reserving product and in-store pickup. Customers can create an account on the new shop website to access past orders and receive special offers while also enrolling in R.Greenleaf’s Gratify customer loyalty program.

“We are excited to bring the convenience of e-commerce shopping to all of our R.Greenleaf locations. Our enhanced online shopping experience allows us to deliver our brands, product range and dedicated service to customers in all of our neighborhoods as we continue to expand across the state,” called Ken DiehlDivision Manager – New Mexico.

R.Greenleaf, which offers a wide range of quality products serviced by first class, knowledgeable staff, has grown from 10 locations to 17 now since acquiring Schwazze almost a year ago. All locations serve the needs of medical patients as well as recreational consumers.

Since April 2020Schwazze has acquired 44 cannabis dispensaries as well as seven cultivation and two production facilities, announced or opened the proposed acquisition Colorado And New Mexico. In May 2021Schwazze announced its BioSciences division and in Aug 2021 It started with home delivery services in Colorado.

About Schwazze

Schwazze (NEO: SHWZ) (OTCQX: SHWZ) is building a leading vertically integrated regional cannabis company with assets in Colorado And New Mexico and will continue to take its operating system to other states where it can develop differentiated regional leadership. 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 anchored in a high-performance culture that combines customer-centric thinking and data science to test, measure and drive decisions and results. The Company’s leadership team has extensive retail, wholesale and consumer branding experience at Fortune 500 companies and the cannabis sector. Schwazze is passionate about making a difference in our communities, promoting diversity and inclusion and doing our part to integrate climate-conscious best practices.

Medicine Man Technologies, Inc. was Schwazze’s former trading name. The business unit will continue to be known as Medicine Man Technologies, Inc. Schwazze derives its name from the technique of pruning a cannabis plant to improve plant structure and promote healthy growth.

Forward-Looking Statements

This press release contains “forward-looking statements.” Such statements may be preceded by the words “plan”, “will”, “may”, “continue”, “anticipate” or similar words. Forward-looking statements are not guarantees of future events or performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company’s control and cannot be predicted or quantified. As a result, actual events and results could differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties related to (i) our inability to manufacture our products and product candidates on a commercial scale ourselves or in collaboration with third parties; (ii) difficulty in obtaining financing on commercially reasonable terms; (iii) changes in the size and nature of our competition; (iv) loss of one or more key executives or scientists; (v) difficulties in obtaining regulatory approvals to market our products and product candidates; (vi) our ability to successfully implement our growth strategy Colorado and out of state, (vii) our ability to complete the acquisition described in this press release or to identify and complete future acquisitions that meet our criteria, (viii) our ability to successfully integrate acquired businesses, including the acquisition described in this press release and to realize synergies therefrom, (ix) the ongoing COVID-19 pandemic, * the timing and extent of government stimulus programs, and (xi) the uncertainty in the application of federal, state and local laws to our business and any changes in such laws. More detailed information about the company and the risk factors that may affect the fulfillment of forward-looking statements are included in the company’s filings with the Securities and Exchange Commission (SEC), including the company’s annual report on Form 10-K and its quarterly reports on Form 10-q. Investors and security holders are urged to peruse these documents free of charge on the SEC’s website at http://www.sec.gov. The Company undertakes no obligation to publicly update or revise any of its forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

SOURCE Schwazze