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Will this allow institutional investors to invest if the uplist is approved?
Loving it!!
POTN LONG AND STRONG!!!
Extremely well put! (fy2019 - $40-$64 mil)
thank you for the detailed explanation!
If we are projecting anywhere from $10-16 Million for 2019 Q1
Taking the same rate, with a zero growth or any added revenue growth past Q1 for Q2, Q3, & Q4 over what we have for Q1, that would put us at:
FY2019 - $40 - $64 Million
A 57% - 150% increase over fy2018
That is with a projected zero revenue growth rate past q1 and their current order rate!
Slow and steady! This will pop!!
POTN - LONG AND STRONG!!!
Wholesale distribution is not a part of their online sales!
Other than the mad math skills...
AGAIN
60% from its wholesale distribution network and 40% from online sales
40% of their total sales from ONLINE - We've projected ONLINE sales to be $30-$60 Million this year.
the OTHER 60% from wholesale distribution which WILL total 100%..
We both can add 60% + 40% , 40% in ONLINE ONLY.
For the last time then, let's agree to disagree then...
That's not what this says.
PotNetwork Holdings also reported that sales of Diamond CBD Products are coming 60% from its wholesale distribution network and 40% from online sales including from www.diamondcbd.com.
You spin it your way, I'll read it mine.
glta!!
POTN LONG AND STRONG!
As you choose to voice your opinion without any justification behind it.
Read the annual report again with the release. You combined ALL sales together instead of reading that online is 40%.
Respect your 'OPINION' but, I'm posting numbers, please prove me wrong with numbers other than the laughing. I'm laughing at the lack of foresight from anyone who doesn't see how strong this is!
LONG AND STRONG!!
Based on the information within their annual report, remember, they said:
40% of their sales comes from ONLINE
60% from their wholesale markets and distribution.
We've already confirmed order counts and projected online ONLY sales of:
fy2019 $30 million at $100 /per order
fy2019 $45 million at $150/per order
fy2019 $60 million at $200/per order
These totals above account for 40% of their projected fy2019 revenue
The remaining 60% comes from wholesale
Taking at average of $100/per order, which is extremely conservative,
projections for FY2019 are
FY 2019 -- $60-$75 Million in Revenue!!
That would be a 240%-300% increase over fy2018!
I'm buying more at these levels! Investors will see what this does with patience!!
POTN LONG AND STRONG
Couldn't agree more! Bought more last week, and buying more this week!
Numbers don't lie! Their's are among the best in the business!!
Can't wait!!
Adding more tomorrow!!!!!
POTN LONG AND STRONG!!!
There is NO FACTUAL knowledge that no one will ever buy POTN!
That's an opinion not a fact. Facts are;
-- Revenues are $25.5 million!
-- Record Sales!
-- Revenue year over year increased 78%!
-- They have actual products and sales!
I suspect POTN will be $1.25 by sometime in June, closing in on $2.00 share by year end, and $15-$20 by 2022-2024!!
POTN LONG AND STONG!!
Rite Aid will start selling CBD products in 2 states
HMMM... SO WHO WILL THEY PICK!??
Regardless, this is a HUGE win for CBD in general. CVS, Walgrees, and Rite Aid!
POTN will skyrocket! Just be patient and watch it go slowly!
https://www.cnbc.com/2019/04/11/rite-aid-will-start-selling-cbd-products-in-2-states.html
POTN LONG AND STONG!!!
Please read it again. I disagree.
sales of Diamond CBD Products are coming 60% from its wholesale distribution network and 40% from online sales including from www.diamondcbd.com.
The wholesale distribution is not part of the online sales, it's separate.
I stand behind my numbers. Please re-read the press release., it does not say the wholesale distribution is PART OF the online sales!
fy2019 - $80-$100million!!
$40 million online
$40-60 million wholesale distribution!!
MY BET IS WE GO HIGHER! MUCH HIGHER IN THE COMING DAYS!!
LIKE THE WEATHERMAN!!! WRONG 90% OF THE TIME!
TO THE MOON!
POTN LONG AND STONG!!
"sales of Diamond CBD Products are coming 60% from its wholesale distribution network and 40% from online sales including from www.diamondcbd.com."
We've already projected based off of Order # history here and order numbers that we're projecting online being around $40 million this year. If 60% of their sales are from Wholesale Distribution.
Does that mean we're looking at $40- 60 million there as well?
That would mean $80-$100 million in 2019!
NO DOUBT something big is in the works!!! If 60% is wholesale and 40% is online, big announcement coming soon, possibly the pharmacy deal!!!
Give this CEO a chance! He hasn't even been been there a year yet, let alone a little over 6 months!
He has been making ALL the right moves and successfully overcoming the growing pains!
Remember when Microsoft stayed stagnant for years under Ballmer, and see what its done once they replaced him with their current CEO.. TO THE MOON!!
Leadership is strong!! Give it a chance and watch it go!
POTN and Diamond CBD becoming a household name!
LONG AND STONG!!!
YOU ALSO SAID 0.14 ONE HOUR AFTER OPENING? WHERE IS THAT NOW?
"The company will shortly be releasing an open letter to shareholders providing an update on all of the activities of the past year and putting the company’s situation and successes into context."
Can't wait!!!!
LONG AND STRONG!!!
-- "$25 million in revenue over the course of 2018, a 78% increase compared to POTN’s performance in 2017."
-- "sales of Diamond CBD Products are coming 60% from its wholesale distribution network and 40% from online sales including from www.diamondcbd.com." (WOAH! This is huge for 2019!! )
Do the math. We're projecting $40mil for online sales, what does that mean for the whole year if 60% is wholesale?
-- "In addition to their financial statements the company will shortly be releasing an open letter to shareholders providing an update on all of the activities of the past year and putting the company’s situation and successes into context."
Here's the link!
PotNetwork Holdings Releases Audited Financials Showing Over $25 Million in Revenue for 2018
https://finance.yahoo.com/news/potnetwork-holdings-releases-audited-financials-120000092.html
As an investor, not a day trader, I'm buying more while I can!!
LONG AND STRONG!!!!
How about Amazon?? Or possibly the Amazon of CBD? They didn't own much when they started either, but were a conduit to obtaining products in a centralized manor and distribution. They've done pretty well for themselves now!
One never knows, but this risk is minimal considering the massive potential for reward!
Buying more this morning while I can! Still early enough to do so!
Already loaded up, loading up some more!!
EVERYTHING POTN has said they'd do, they have.
FACTS not opinions!
$25.5+million is sales 2018!! Thats a fact!
LONG AND STRONG!!!!
Correct, the calculation took TLRY 80 Million shares into account! See below!
TLRY MC --$5.5 billion POTN MC $65.82 Million
TLRY Revenue - $43.13 Million POTN Revenue -$25.58 Million
Dollar for dollar comparison of what POTN is worth compared to TLRY ----
$25.58million/$43.13 million gives us a multiple of 0.59
0.593 x $5,500,000,000 (MC of TLRY) = $ 3,261,998,608
$3.261,998,608 / 569,000,000 (shares outstanding of POTN) = $5.73
$5.73/share!!!!
ALSO POTN IS PROFITABLE PERIOD! TLRY IS NOT!
POTN LONG AND STONG!!
Market Value Comparison!
TLRY MC --$5.5 billion POTN MC $65.82 Million
TLRY Revenue - $43.13 Million POTN Revenue -$25.58 Million
Dollar for dollar comparison of what POTN is worth compared to TLRY ----
$5.73/share!!!!
POTN LONG AND STONG!!!!!
$1.25 by June, $2+ by year's end, and $15-$20/share by 2022-2024!!
POTN LONG AND STRONG!!!!
?????
WHAT HAPPENS TOMORROW NOW??
WAITING FOR THE DAILY PRICING ANALYSIS PLEASE!
UPLIST COMING NEXT!
POTN LONG AND STONG!!!!!
Exactly! Rare for sure!
Here's more....
Just an added bonus... "That's why we are happy to present the benefits of CBD and our popular oils, edibles and beauty products to several large pharmacy chains in the days ahead."
https://www.marketwatch.com/press-release/string-of-legal-victories-puts-cbd-and-cannabis-into-international-spotlights-2019-04-08-920200?mod=mw_quote_news
POTN LONG AND STONG!!!!!
Given all the upcoming news and positive opportunities, can't think of one other CBD company out there that has as much potential as this company does.
Can anyone name one??
Again, facts, not opinions please!
FACT - Tommy Chong DOES in FACT endorse Diamond CBD!
Advertisers and Over 35,000 Subscribers Line Up for PotNetwork Magazine’s May Issue
Business Wire Business Wire•April 5, 2019
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--
Cannabis companies and entrepreneurs can now connect with customers on the pages of the industry’s hottest new magazine.
PotNetwork Magazine, the companion magazine to the cannabis sector’s leading news and information website, PotNetwork News, has begun to fill advertising space in the pages of its second print issue, due out in May 2019. Cannabis companies and hopeful entrepreneurs still have ample time to claim a portion of the Magazine for themselves before the issue goes to print.
(Click here to watch and learn more about the successful launch of PotNetwork Magazine)
Premiering this past February with an exclusive interview with former Mexican President Vicente Fox, the May issue plans to be even bigger and bolder. Readers and advertisers alike can expect exclusives with Celeste Miranda, founder of the CBD Expo Tour; Dan Anglin, the CEO of CannAmerica Brands; and Keith Dolo of Sproutly Canada. Editor-in-Chief Brandon A. Dorfman also spoke exclusively with Kerri Accardi of 420Media and former NFL player Boo Williams about their efforts to produce the first-ever cannabis-related Superbowl commercial.
“We’re really pleased with the response that we have received from the cannabis community about our publication,” said Dorfman. “Readers appreciate being able to follow up on the daily content of PotNetwork News with the long-form journalism and in-depth storytelling now available in our magazine.”
PotNetwork Magazine connects both industry leaders and aspiring innovative players with stories that explore every sector of the cannabis industry from cultivation to finance to ancillary companies. It offers advertisers a growing diverse readership base of 30,000 individual investors in the cannabis stock market, entrepreneurs in the cannabis industry, and high-level executives and CEOs centered on the Canadian and U.S. cannabis markets. Businesses can contact advertising@potnetwork.com for more details, including information on rates and multi-issue packages.
PotNetwork Magazine offers the only 360-degree view of the booming cannabis industry, from small retail business to publicly traded companies on both sides of the U.S.-Canadian border. It has more inside interviews than any other print magazine in the sector, with the biggest names in the industry. Moreover, the magazine’s circulation of 30,000 compares well with competitors like MG Magazine (25,000), Marijuana Business Daily (15,000) and Marijuana Venture (12,000).
“Excitement in PotNetwork Magazine is surging and we couldn’t be happier to be providing this important platform for the industry’s leading entrepreneurs, retailers, and B2B leaders,” said Kevin Hagen, CEO of PotNetwork Holdings, Inc. (OTC Pink: POTN), the parent company of PotNetwork Media Group. “Information is power and what PotNetwork News and the Magazine excel at is providing that power to both the established executive and the hungry dreamer.”
About "PotNetwork": With over 1 million page views already in 2019, PotNetwork News is the cannabis sector's leading news and information site, covering the latest in financial, political, and industry news. Looking at the cannabis industry from the outside in, PotNetwork diligently reports on everything from recreational cannabis to medical marijuana, the CBD industry, and more. PotNetwork News is published by PotNetwork Media Group, Inc., a subsidiary of PotNetwork Holdings, Inc. and can be found on the web at www.potnetwork.com.
About PotNetwork Holdings, Inc.: PotNetwork Holdings, Inc. (OTC Pink: POTN) is a publicly-traded company that acts as a holding company for its principal subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD products. For more information, please visit the website at www.Potnetworkholding.com.
Safe Harbor: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190405005345/en/
Contact:
PotNetwork Holdings, Inc.
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com
1200 orders a day x 7 days a week = 8400 orders per week
8400 x 52 weeks = 436,800 orders for the year!
Mine and well as a number or other friends/posters ordering here have had orders of $200-$300 /order.
If we take an average order amount of $100 = $43.7 Million FY2019 (ONLINE ONLY)
If we take an average order amount of $150 = $65.5 Million FY2019 (ONLINE ONLY)
This does not include any of their other ventures at trade shows, wholesale orders, kiosks, as well as a large number of other sources for revenue!
FY2018 Q4 & FY2019 will be huge!!!
POTN
LONG AND STRONG!!
This is just the beginning!
Couldn't agree more!!
If un-audited financials had been released today, there would be a number of the shorts stating that the financials could be fake. This way, no excuses!!!
From here, 2 weeks to go! Can't wait!!
LONG AND STRONG!!!!
Day Traders and Shorts don't like the fact there there is no volume or volatility!
Own it, don't trade it!
Shorts will be caught with the pants down!!! They are getting nervous!!!
LONG AND STRONG!!
The Legal Cannabis Market Is Spreading... Here's What It Means
By C. Scott Garliss, editor, Stansberry Newswire
The governor of New Jersey just locked in an important deal...
It's important because recreational marijuana isn't legal in New Jersey yet. But that could change, and soon.
Governor Phil Murphy teamed up with leaders of the state Senate and House to work on a legalization bill. And last week, they announced in a press release that the broad strokes are settled.
This could make New Jersey the latest in a wave of states to come over to the side of legalization...
Right now, 10 states and Washington, D.C. allow recreational use of marijuana. An additional 23 states have approved its use for medical purposes. And more states are coming around.
Today, I'll share one of the biggest reasons full legalization in the U.S. is only a matter of time, and what it could mean for cannabis stocks...
If the new legislation passes – and it seems likely to – New Jersey will become the fourth and southernmost state on the East Coast to legalize cannabis.
The entire West Coast, including Alaska, has already legalized it for recreational and medical adult-use at this point.
The final text of the legislation should come out in the coming days. And according to the press release, Murphy expects his state will see several benefits as a result. He writes...
I believe that this legislation will establish an industry that brings fairness and economic opportunity to all of our communities, while promoting public safety by ensuring a safe product.
But regardless of personal opinions on marijuana use and regulation, one thing is certain.
A new industry is dawning. And while state officials work out the legislation, they're also making sure the government gets its piece of the pie...
Based on the details we have now, New Jersey municipalities with a cannabis wholesaler in their jurisdiction would receive a 1% tax on the product. Those that are home to a retailer would receive revenue from a 3% tax.
If that doesn't sound like much at first, consider the states that are already profiting from legalization.
Colorado and Washington were the first two states to legalize recreational marijuana. As a result, they collected taxes and fees totaling nearly $250 million and $320 million, respectively, in 2017.
Meanwhile, Michigan is taxing recreational cannabis at a whopping 10% rate. The substance was just legalized there in December, so it's still early – but the state estimates the tax revenue alone will bring in $738 million over the next four years.
Nationwide, the economic impact could be massive.
According to New Frontier Data – an independent analytics company specializing in the cannabis market – if cannabis were legal for adult use in all 50 states, the industry could bring in nearly $132 billion in federal taxes by 2025. Not only that, but it could add more than 1 million jobs.
That's an attractive potential outcome – too attractive for the federal government to ignore for much longer.
Cannabis is proving to be a huge potential source of revenue for state governments across the country. At this point, full legalization in the U.S. is only a matter of time.
We can't know if it will happen this year. But we do know it's coming. And in the meantime, these companies are maturing and turning into "real" businesses that the government – and Wall Street – can get its head around.
The states are giving those businesses a chance to show what they can do. That means as we enter 2019, we're about to get more chances to separate the companies with solid business plans and strategies from the mere "fad" stocks of the day.
This year will likely be a tipping point for cannabis investments. Make sure you're paying attention... The best opportunities could be taking shape right now.
The tidal wave is coming! Just a matter of time. Shorts are getting angry because they're not seeing the decline they want. Any average company will do amazing! POTN is one of the best when it comes to sales!
POTN LONG & STRONG!! This is going to be epic!!
Annualized sales of $25,593,600 with $100 per order just online for fy2019
For orders at average/ $150 per order $38,390,400 fy2019!
That is online only. Add to it all the streams of revenue. FY2019 is going to be monstrous!
Just a matter of time now.
Hang on tight.
SHORTS ARE GETTING ANGRY AND NERVOUS!
Remember:
--Not 1 negative claim has been rendered to be true!
--Not much volume so the day traders can't benefit.
--No movement towards $0.13, so shorts can't benefit.
Consolidation before the next leg up!
Shorts will get squeezed!
Buying the dips!!
LONG AND STONG!
SHORTS ARE GETTING WORRIED!!
Fantastic Read! Thanks!
Behind that success lies the ability to target previously overlooked subsets of the CBD market. Their medicinal focus has come under the interest of a major pharmacy chain, which looks forward to distributing some of DiamondCBD’s products. With stellar results and solid prospects for future development, financial analysts give PotNetwork Holdings a 1-year price target of between $0.192 to $0.337 with a rating of “Strong Speculative Buy“.
If predictions hold true, the company will grow by over 15,804% over the next three years. PotNetwork Holdings might not have the same capital as giants to the likes of MedMen Enterprises, but they effectively use the flexibility of a small business to stay highly innovative and thus competitive on the market.
Don't be left behind. Buying on each dip.
LONG AND STONG!!
BINGO!
Patience will be rewarded!
Its only a matter fo time. TONS of news coming out in the next 2-4 months.
The Market Cap of ALL these other companies is sky high compared to POTN , yet, POTN has more sales.
Buy the dips! Shorts are getting nervous and know they're going to get caught.
LONG AND STRONG!
Seems like the SHORTS are getting nervous!! There are a number of events expected in the new few weeks/months! Everyone do their own research and don't get swayed by the shorts and day traders trying to get you to sell!
The SHORTS AND DAY TRADERS make money off of daily volatility and the price going down!
It's obvious people are getting a little frustrated at the fact that POTN is NOT going down!!
Hang in there folks! The SHORTS are getting nervous and pulling every trick in the book to get you to sell! At this point, why not wait the few weeks!
Those with investing patience will be rewarded!
Fact is, they are an actual company with actual sales!!!!
LONG AND STRONG!!
Couldn't agree more!! Sky's the limit!
Those projections are based off of 2018 numbers! 2019 we know will be much stronger!
I can see their revenue matching or exceeding TLRY!
The article from Hagan shows their dedication to the industry, and starting the magazine will only help market their own products as well!
Sticking to facts, not opinions, but you are spot on! This could easily be $15 - $20/share within 2 years!
Revenue is skyrocketing and will continue to do so.
As you said, if the don't get bought out first! ; ) But, they are building a HELL of a baseline and the numbers once reported and an uplist (not opinions about where POTN is going to close on any given day) will dictate where we end up! The shorts will be gone and run for cover with the uplist.
The future is bright!
I using each dip as a buying opportunity.
A very successful man said you "Don't trade Apple, you OWN it". This is the same!
LONG AND STRONG!
Marijuana grower Tilray rallies 3% after sales more than double
KEY POINTS
** Canadian cannabis producer Tilray reports both fourth-quarter and full-year 2018 earnings.
** The company said fourth-quarter revenues of $15.5 million buoyed 2018 sales to $43.1 million, up 110 percent compared to last year.
** Tilray stock rallies following the top-line beat.
IF their MCap is $ 6.729 Billion w/$43.1 million in 2018 sales
What is POTN??
Remember, we're expecting 2018 for POTN to come in around $24-$28 million!
So, with the outstanding share count, POTN range dollar for dollar is...
POTN from $7-$9/share!!!! Numbers don't lie!
LONG & STONG!!!!
https://www.cnbc.com/2019/03/18/weed-grower-tilray-pops-after-sales-rise-110percent-kilograms-sold-doubles.html
Great read! More POTN News!
What better way to promote yourself and your vision. There's a reason why they have their own magazine here. Think about it! Everyone should do their own due diligence, but this is the tech & dot com boom of the year 2000. I'm in!!
The steps they're taking are going to be HUGE!!!!
LONG AND STRONG!!
How one CBD CEO is using transparency in marketing to reshape the industry
Mar 18, 2019
BUSINESS SERVICES
By Brandon A. Dorfman
PotNetwork Holdings, Inc. CEO Kevin Hagen knows a thing or two about the CBD industry, with his company’s wholly owned subsidiary, Diamond CBD laying claim to over a dozen brand name products from oils to edibles to vapes (Full disclosure, PotNetwork Holdings is the parent company of PotNetwork News). The former Diamond CBD president, who took the company’s top spot late last year is also familiar with the fickleness of the internet, having weathered both good media and bad.
Through it all, however, Hagen has remained steadfast in one guiding principle which has kept his company on top.
“Transparency,” he told PotNetwork News recently. “ While our mission is always to satisfy customers, our goal is to remain transparent, which, in turn, we believe will uplift the entire CBD industry.”
[How to assemble a multinational, vertically integrated, multi-brand cannabis conglomerate, with Weekend Unlimited CEO Paul Chu]
With the barrage of social media and fake news available to consumers, transparency and authenticity is now a cannabis or CBD business owners best way to gain brand credibility. Over-reliance on catchy slogans and slick marketing campaigns could easily become fodder for online backlash or mob justice should consumers feel they are not genuine. Customers demand authenticity from the companies to whom they give their hard-earned dollars.
“I learned a long time ago that no matter what else I do in this business, I won’t survive without being transparent,” Hagen told PotNetwork News.
Cannabis industry beware: The numbers don’t lie
Edelman’s annual Trust Barometer (yes, that’s a thing) found that trust in business fell below 50 percent in about half the markets surveyed for its annual study in 2015. The all-important millennial demographic — the one group that every company desires— prizes authenticity more than most. In fact, according to a study from Boston Consulting Group only loyalty discounts rate higher than authenticity for millennials.
“It’s easy to say you’re a transparent or authentic brand,” said Hagen. “But for consumers to see you as such is a completely different thing.”
At Diamond CBD, management realized they needed to do more than just tell customers who they were as a company. Instead, Hagen told PotNetwork News, they had to show the people their true selves.
[Transforming the CBD marketplace: PotNetwork’s exclusive interview with Youngevity President and CFO Dave Briskie]
The company was always dedicated to enacting state-of-the-art quality control innovations and utilizing them to their full potential in an industry-leading quality assurance effort. But recently, they decided to take things much further.
“What we did, is we enlisted the help of some of the country’s top independent laboratories and had them perform a confidential assessment of both our products and our labeling practices,” Hagen recalled. “Product experts, scientists, and more helped us come up with transparent processes that we believe will set the standard for the CBD industry.”
Along with third-party independent lab tests for all of their products, Diamond CBD puts Quality Seal Holograms on every label, makes lab reports available throughout their website, and adds QR codes and expiration dates to everything.
“Our consumers know just as much about our products as we do,” said Hagen.
Stop being clever, start being transparent
Since the passage of the farm bill late last year, the cannabis and CBD industries are now overflowing with competition, and the numbers are only expected to grow throughout the next few years. And although marketing and communication teams are the cornerstone of any organization, cannabis businesses still need to be honest and useful in their tactics.
“Remember,” Hagen said to PotNetwork News, ”most people are using these products for health reasons of some kind, be it pain or sleep issues, or whatever else it may be. Transparency isn’t just a marketing tool; it’s a necessity for our customer base.”
[As CEO, CannAmerica’s Dan Anglin wants a piece of the hemp and CBD market. As a Marine, he wants veterans to have access to cannabis too.]
Of course, teaching authenticity is a tricky thing, as either a business is authentic, or it isn’t. But even if the cannabis industry finds the idea silly, they may have to succumb to the necessity. And really, any small business can take steps to adapt their marketing tactics to become more authentic.
Customers know when a company isn’t being transparent. Those in the CBD industry, for example, can simply say they care about the health and wellness of their customers, or they can perform the testing and provide the package labeling necessary to show their customers that they actually care.
“At PotNetwork Holdings and Diamond CBD we’ve built a successful business on being transparent not because it’s good marketing, but because it’s the right thing to do,” said Hagen. “Do the right thing, and success will usually follow.”