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GREAT POST!! Thank you for relating your real-life experience:
I own a hemp oil company and I will say the vet offices in my town have all hit me up to white label products for them. The pet sector is a hidden jem for the companies that jump on them first. The vet I take my dog to recommends cbd before prescribing any pain medication because of the wonderful results seen. I have a 14 year old dog with back pains and since cbd came into his day intake his quality of life has changed big time. The great thing about vets are they make enough money on everything else not the prescription drugs like on humans. So they would rather recommend something that will help rather than something that is hurting other things in the animals body. If people will pay 20-60 dollars a month if not more for dog food they will have no problem paying 20-50 dollars for life changing drops for their pets. For those that don’t believe this move on and find another ticket that floats your boat and I’ll buy up all your shares. This stock will laugh back at all that didn’t hold when its 5-10 dollars a share after this sector booms. Hemp oil and cbd will be a much bigger industry then they are predicting. I haven’t taken a aspirin or Tylenol in over 2 years cause cbd and full spectrum hemp oil give me better results and is healthier for me. Just think how much money this industry will be worth when people replace headache pills with cbd. Goldmine!!!
I disagree. The market has great potential for products that work and do not require an expensive visit to a Vet. CBD also treats diabetes, another potentially huge market for cat owners. That said, it will take time for this knowledge to get traction. CBD products for humans are getting known much faster than I expected this year, though, with the many TV shows covering it and news articles.
We know that CBD works very well for pet arthritis from posters on this board. I know that the non-CBD melatonin products that my daughter picked up for our cat and dog to take when we traveled last week didn't work at all. How could extra millions added to the bottom line for POTN be a bad thing?
I do not see any relevance of the "right to Try" bill to the CBD industry. CBD is available to everyone already.
Exactly, POTN is again getting ahead of competition with suppliers in a huge, open market for obese aging pets, pets traveling with owners, pets with cancer. IMO this could add millions per year to revenues when products hit shelves and word gets out.
And you can't see that any dog owner would spend a few dollars (of that 69 billion) to treat pain or anxiety rather than buy toys?
The market for Pet Meds is a 60 BILLION dollar market. There are few alternatives for aging pet arthritis pain and inflammation, the market for better OTC meds is wide open. Vets don't prescribe pain meds for pets. I have worked with entrepreneurs in this area (eye drops for pet cataracts) and the market for treating aging pets is HUGE.
Pet meds will be a HUGE revenue stream for POTN. Great news today about expanding into pet stores.
Bazuly said June 7 so don't freak out when it's not on tomorrow. He seems to agree that POTN is having a product expansion soon.
I am glad we punched through 40, hopefully we will end the day green.
I have been watching POTN daily for 6 months and I find it and the sector to be very unpredictable on a short-term basis. Longer term as in 6-12 months, there are huge sector and POTN catalysts and I am absolutely confident it will be in the dollars by December.
I have been long and accumulating since last December at .06, my last 20,000 were at .20 in March. I'll be able to retire if we hit 10 someday, but I expect a wild ride up to that time.
I hope to see a run like BUDZ had last year. After all, POTN financials are much better.
POTN will be in the first USA MJ ETF, IMO. This will drive the shareprice to the moon as HMMJ did to the Canadian MJ stocks.
And on a down day- DOW down over 450 pts and Nasdaq 60 pts. Not too much green on my screen today.
C'mom power hour! I'll take 12% in one day any time.
Agree, patience! I am holding long and strong into multiple dollars at long-term gains. When growth slows someday I will start selling and trading.
POTN is very undervalued based on forward revenue projections, IMO. Soon they will be reporting net income.
Rapidly growing company with superior products in a rapidly growing industry with a huge market. Unless there is a major strategic stumble by POTN, shareprice will go up over time. No stock goes up every day.
Respectfully I disagree. I have been searching for cannabis companies in which to invest and I would gladly take your suggestions for any that are growing revenues more rapidly than POTN with less debt.
Read the company PR releases- we do know that debt is almost paid off. Do your DD, buy some shares before over 40, take some relax gummies and watch your wealth increase rapidly this year.
Companies that have rapidly accelerating revenues have to report every 15 days! And at the same time you criticize the YOY comparison which is standard- so what would make you happy?
Noteholders NOT selling until lockup is over, see below quote from POTN early investor and advisor:
"And the preferred is all held by inside affiliates that can’t sell until lock up is over and then can only sell 1% every rolling 90 days. A meaningless number for a company that is growing 500 % per year."
More great news today- web site sales up 1000% year over year- wow, explosive growth!
POTN executive mgmt is very reliable, they always do what they announce. Read company PRs to find out what is coming. $1.25 end of year.
300million shares to be retired has been announced. 295 million shares remaining- that alone will Double the current share price.
MediPet products will sell very well IMO. We took our dog and cat to the beach and my daughter gave each a full dose of some pet melatonin product for calmimg- didn't do a thing. I told her about pet CBD products from DiamondCBD- we will use next time.
There is no reason to think that, the company hired experienced attorneys to file the application to uplist, see their PR. These things take time, and I would not want to be short when the news comes out.
CV says POTN is NOT selling shares on open market, no dilution. I hope he is accurate about the 500% growth, May numbers will be awesome.
Charles Vaccaro direct copy and paste from his POTN investor fb post:
My take ? he should do his homework. They are fully reporting now. And the preferred is all held by inside affiliates that can’t sell until lock up is over and then can only sell 1% every rolling 90 days. A meaningless number for a company that is growing 500 % per year.
IMO we will see a jump in revenues in the next several months. Add this to retirement of debt and uplisting and share price will be well over $1 by end of year. Looking for Hemp farming to be legalized soon, too.
I am suddenly convinced that word about CBD is getting out! An elderly lady told me yesterday that her husbands doc recommended CBD cream for his back pain. I wrote down the diamondcbd.com website for her and told her edibles could help her insomnia too- and this is Louisiana. Also heard about a group of friends that are taking CBD for anxiety secretly.
Thanks Dog, cannot believe anyone is bringing out those old lies again. Looks like another positive day today.
CBD is a better safe haven investment than gold during times of political turmoil. POTN $1.25 by December IMO.
Steady accumulation with small pullbacks is good. POTN will soon be listed on OTCQB and later on Nasdaq where it will qualify for hemp ETFs. The sky is the limit at that point. Long and strong.
Futures are up, it will be a better day than yesterday.
My end of year target is minimum of $1.25, most likely $2 to $3 or higher.
Yesterdays action was also influenced by external market conditions, namely collapse of N Korea summit and political incompetence and uncertainty. None of this will affect POTN revenues long-term. Many huge catalysts upcoming, importantly the uplisting to OTCQB, retirement of the fraction of remaining debt, second quarter revenues which I expect to accelerate due to the widespread education about medical uses of CBD.
Friday decrease in share price was at least in part driven by delay of Hemp bill and affected the whole MJ sector. It will bounce back IMO.
Copy and paste from POTN VC early investor Charles Vaccaro regarding whether POTN is registered with SEC:
My take ? he should do his homework. They are fully reporting now. And the preferred is all held by inside affiliates that can’t sell until lock up is over and then can only sell 1% every rolling 90 days. A meaningless number for a company that is growing 500 % per year.