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Replies to post #163354 on Potnetwork Holdings Inc. (fka POTN)
harris08
04/12/19 7:32 AM
#163358 RE: Tunakicker #163354
angell
04/12/19 8:24 AM
#163368 RE: Tunakicker #163354
Acb is looking for cbd partnership Potn? Alcanna is in us retail sector acb invested in alcanna to enter the us. This may be the reasons acb has been in several prs with Potn this could happen. Latest pr from acb says it’s looking to partner with smaller companies already established. I saw cannimed (gel caps) run to nearly 30 cad when acb stayed planning to acquire cannimed. Cannimed had no where near Potn revs. This would be huge.
Aurora Cannabis (NYSE: ACB) CCO Cam Battley refers to cannabis stock valuation potentials in hockey stick terms where early stage valuations are on the blade, turning through an inflection point and then rocketing up the stick. Even with audited and fully reporting cannabis sector companies trading at 100 x P/E ratios, valuations today are characterized in hockey stick terms as still being in the blade or inflection point stages.