Medicine Man Technologies ( (SHWZ) ) has released a notification of late filing.
Medicine Man Technologies, Inc. has announced a delay in filing its Annual Report on Form 10-K (Yearly Report) for the financial period ending December 31, 2024. The delay is primarily due to the suspension of their former auditor, B.F. Borgers CPA PC, by the SEC, which necessitated a re-audit by a new auditor, Baker Tilly. This situation has led to significant challenges, including the need for restatements of previous financial statements due to identified accounting errors. The company expects to file the delayed reports within the SEC’s allowed extension period. Despite these challenges, Medicine Man Technologies does not anticipate significant changes in its financial results from the previous year. The company is actively working on compliance efforts, as indicated by the signature of CEO and CFO Forrest Hoffmaster on the notification.
More about Medicine Man Technologies
YTD Price Performance: 50.0%
Average Trading Volume: 4,749
Technical Sentiment Signal: Buy
Current Market Cap: $430.4K
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