If you are referring to the letter by PNTV Brett H. Pojunis (Director) and Geoffrey Lawrence (CFO) authored an open letter titled "Trump Makes America Cannabis Great Again," which included commentary from eight other U.S. publicly traded marijuana companies--I have a lot of comment:
1. First all, PNTV has a habit of producing commentary that is grossly misleading. The title actually says MJ was once great and now we are going to make it great again. This is not true--MJ was never great in the first place. If anyone look into the history of MJ, MJ was used during the Vietnam War by our troops, the Rock Music scene used it during that era (maybe 40-50 years ago), before that it may have been used exclusively by the elite during the Jazz clubs in New Orleans, Chicago, Philly, Charleston, etc. But MJ was never used by common everyday folk--never. This lie (advertisement campaign) could backfire.
2. PNTV and those CEO's signing on to this letter may find this will backfire because it gives these 8 companies an air of politics. I think ADVT and these others seven companies will hurt themselves associating with a governmental figure.
3. The condition (at .06 pps) PNTV finds themselves in is no fault but there own. They (PNTV) has had their license to cultivate MJ since 2014. IMO, they (PNTV) needs to stop trying to look pretty and produce some MJ. Again, this advertisement exposure "Trump Makes America Cannabis Great Again" is corny and is a turn-off.
4. The markets (investors in general) might associate these companies on WallStreet as companies supported by the President of the USA. I think companies needs to be very careful how they present their businesses to the public--very careful. Once the public sees this label, it takes a long time to get it out of their (investors) minds. I am saying, just in case a governmental figure gets bad publicity, it may affect us.
5. I say that if these companies wants some good publicity, they should advertise on how could MJ is changing the medical industry in helping people--they could associate themselves with a medical research lab. Visit the children and adults using MJ in order to live a peaceful life. They could explore how the MJ sector is helping government finance projects for the community. These and many other worthy causes are plentiful.
6. How about this title, "Trump Makes America Cannabis Great".
IMO.
