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Re: Nfreed31 post# 139262

Thursday, 05/17/2018 11:14:16 AM

Thursday, May 17, 2018 11:14:16 AM

Post# of 179952
Dude you are looking at two different markets...Not everyone likes to SMOKE or carry a buzz...a lot of people are simply looking for a more natural solution to pain, anxiety, inflammation, general health, etc...instead of popping a pill....that's the difference right there...doesn't matter what the MJ market is doing as CBD is not related and will eventually be a household product...MJ will carry a stigma as long as it is illegal at the federal level. If the legislation goes through where MJ is totally decriminalized and off the CS list, then everything will be going nuts...the growth of this company shouldn't be compared to MJ companies...you can compare to Ambary Gardens or Bluebird botanicals...found an article about Bluebird from Oct 2017 where they stated sales would be 6.5M for 2017 only a 30% increase from the year prior and started selling products in 2012. I don't see any additional info...if they were to grow at the same rate as POTN they would have to do 13M for 2018...talk about stagnant growth!!! They have been in CBD business much longer and can't even break 7M in sales...from what I see they even sell on Amazon??? Not very good sales for such wide distribution??? When comparing apples to apples it's a no brainer...
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