NetworkNewsBreaks – PotNetwork Holding, Inc. (PO
Post# of 371
(Total Views: 275)
Posted On: 01/30/2018 5:33:29 PM
NetworkNewsBreaks – PotNetwork Holding, Inc. (POTN) Highlighted in SeeThruEquity Research Report
PotNetwork Holding, Inc. (OTC: POTN) this morning announced that it, along with subsidiary Diamond CBD, was highlighted in a recent comprehensive research report from SeeThruEquity. In addition to summarizing industry statistics and PotNetwork’s recent corporate milestones, the research report set an updated price target of $1.25 on the company’s shares. SeeThruEquity attributed this increase to PotNetwork’s strong monthly sales data and 3Q17 filings, which indicate “continued profitability as the company invests in growth.” PotNetwork previously announced preliminary 2017E sales estimates of $14.5 million and, per the SeeThruEquity report, is well-positioned to meet or exceed its 2018E estimate. “It is very rewarding to experience this type of growth and success, and all the more pleasing to see an acknowledgement of our collective efforts in the marketplace,” Dr. Richard Goulding, CEO of PotNetwork Holding, stated in the news release.
Pursuant to the applicable federal law, the sale or distribution of CBD with less than 0.03% of tetrahydrocannabinol by retailers may be permissible in all states. However, the local, state and federal laws regarding these issues tend to remain in flux and should be accordingly reviewed by local counsel and, as such, legal advice is not intended, but specifically disclaimed.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
PotNetwork Holding, Inc. (OTC: POTN) this morning announced that it, along with subsidiary Diamond CBD, was highlighted in a recent comprehensive research report from SeeThruEquity. In addition to summarizing industry statistics and PotNetwork’s recent corporate milestones, the research report set an updated price target of $1.25 on the company’s shares. SeeThruEquity attributed this increase to PotNetwork’s strong monthly sales data and 3Q17 filings, which indicate “continued profitability as the company invests in growth.” PotNetwork previously announced preliminary 2017E sales estimates of $14.5 million and, per the SeeThruEquity report, is well-positioned to meet or exceed its 2018E estimate. “It is very rewarding to experience this type of growth and success, and all the more pleasing to see an acknowledgement of our collective efforts in the marketplace,” Dr. Richard Goulding, CEO of PotNetwork Holding, stated in the news release.
Pursuant to the applicable federal law, the sale or distribution of CBD with less than 0.03% of tetrahydrocannabinol by retailers may be permissible in all states. However, the local, state and federal laws regarding these issues tend to remain in flux and should be accordingly reviewed by local counsel and, as such, legal advice is not intended, but specifically disclaimed.
Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
(0)
(0)Potnetwork Holdings, Inc. (POTN) Stock Research Links
Scroll down for more posts ▼