Replies to post #155786 on Potnetwork Holdings Inc. (fka POTN)

[Nfreed31]

Past gains do not dictate future potential though. Back then the market was entirely different. Like you said no company was really producing and had sales at the time so everyone was betting on who it would be. Now today we have huge companies like Canopy, Aurora, Tilray with massive facilities, plenty of cash (Canopy still does at least), already producing a lot of inventory, and plenty of brand exposure. Betting on OTC companies to take their market share away replacing them and being number one is not feasible at this point. That does not mean they will not be successful. It just means the playing field has changed. Now that we have companies achieving much more there is a bar to be met to receive those valuations and investors will look at that. All imo, but an OTC company should never be worth more than those big guys far ahead in many aspects

[Nfreed31]

If anything I could see OTC companies get bought out however and join under some companies, but that still would not command them to be worth billions...not yet anyways. If you look at those big growers in Canada they have licenses, operations, and purchase order agreements in many other countries already. This is a global market and sadly Canada was way ahead in terms of first to market. With the amount of capital they have, they can expand rapidly and outdo the competition. I do think there will be another big run when the US opens up for full out legalization and we should run up until that point since the US has the biggest market potential. I'm just saying that the standards have changed on valuations and where the company should be to receive a high valuation like a billion dollars.