POTN will need to show growing revs to justify such a valuation. First Q 2019 IMO will show blowout revs. The Harbinger report predicted 40% YOY growth, but I think that is conservative considering leaglized MJ is growing 40% per Q. Half of CA was already using illegal MJ and CBD is coming up from zero, which I think means more rapid growth as more people get familiar with the benefits and lack of side effects.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.