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Why Investors need to add PotNetwork Holdings to their News Alerts Today

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With the U.S. legal cannabis market estimated to bring economic gains of as high as $77 billion by 2022. At the forefront of the cannabis revolution are big industry players such as Canopy Growth (NYSE:CGC), Tilray (NASDAQ:TLRY), Aurora Cannabis (NYSE:ACB), GW Pharmaceuticals (NASDAQ: GWPH), and Cronos Group (NASDAQ:CRON).

These stocks represent the biggest hitters in the cannabis world but they still face fierce competition. One growing company has recently taken steps to mark itself out as a potential challenger to their dominance, PotNetwork Holdings, Inc. (OTCMKTS:POTN).

PotNetwork Holdings now a fully reporting entity

PotNetwork Holdings works through a number of highly specialized subsidiaries. Among its properties are First Capital Venture, Co., Diamond CBD, Inc., Grinders Distribution, and PotNetwork Media Group, Inc. which publishes the PotNetwork News and PotNetwork Magazine—all of which are strong market performers in their own rights.

Early July, PotNetwork Holdings officially registered its common stock under the Securities Exchange Act of 1934. With this, the company will be filing its annual and quarterly financial results as required by federal law and all related regulations.

This means that like other serious players in the cannabis industry, PotNetwork Holdings will now be reporting its cash flow, receipts, disbursements, income, and balance sheet, as well as its projected outlook for the coming quarter and fiscal year. It now has the responsibility to show investors and stakeholders proof of how financially healthy its operations are. This is an important step that demonstrates the intention of POTN to play an important role in the cannabis sector moving forward.

The marijuana stock to watch

In January, Harbinger Research gave PotNetwork Holdings stock a rating of “Strong Speculative Buy.” The firm gave it a price target of $0.192 to $0.337 per share. The firm stated that for all the rich opportunities PotNetwork Holdings offers, the stock is currently undervalued. It is looking forward to a “significant upward revision” in its price target range as 2019 unfolds.

The firm highlighted that Diamond CBD is currently the strongest growth driver for PotNetwork Holdings because of its creative products such as CBD slushies and vending machines, as well as top-known brands like Chong’s Choice. Diamond CBD has also successful brands that have the potential to dominate the market. Among these are CBD-infused Chill Coffee and MediPets.

PotNetwork Holdings, the stock for investors’ consideration

PotNetwork Holdings is a relatively young company established in 2015. With its financial achievements and expansive portfolio, the company has taken a necessary step towards full transparency with its present and future investors and to be in compliance with the regulations.

This step is an important one towards propelling POTN to the top of the CBD sector.

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Turning Tragedy into Triumph Through Walking With Anthony

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On the morning of February 6, 2010, Anthony Purcell took a moment to admire the churning surf before plunging into the waves off Miami Beach. Though he had made the dive numerous times before, that morning was destined to be different when he crashed into a hidden sandbar, sustaining bruises to his C5 and C6 vertebrae and breaking his neck.

“I was completely submerged and unable to rise to the surface,” Purcell recalls. “Fortunately, my cousin Bernie saw what was happening and came to my rescue. He saved my life, but things would never be the same after that dive.”

Like thousands of others who are confronted with a spinal cord injury (SCI), Purcell plunged headlong into long months of hopelessness and despair. Eventually, however, he learned to turn personal tragedy into triumph as he reached out to fellow SCI victims by launching Walking With Anthony.

Living with SCI: the first dark days

Initial rehabilitation for those with SCIs takes an average of three to six months, during which time they must relearn hundreds of fundamental skills and adjust to what feels like an entirely new body. Unfortunately, after 21 days, Purcell’s insurance stopped paying for this essential treatment, even though he had made only minimal improvement in such a short time.

“Insurance companies cover rehab costs for people with back injuries, but not for people with spinal cord injuries,” explains Purcell. “We were practically thrown to the curb. At that time, I was so immobile that I couldn’t even raise my arms to feed myself.”

Instead of giving up, Purcell’s mother chose to battle his SCI with long-term rehab. She enrolled Purcell in Project Walk, a rehabilitation facility located in Carlsbad, California, but one that came with an annual cost of over $100,000.

“My parents paid for rehabilitation treatment for over three years,” says Purcell. “Throughout that time, they taught me the importance of patience, compassion, and unconditional love.”

Yet despite his family’s support, Purcell still struggled. “Those were dark days when I couldn’t bring myself to accept the bleak prognosis ahead of me,” he says. “I faced life in a wheelchair and the never-ending struggle for healthcare access, coverage, and advocacy. I hit my share of low points, and there were times when I seriously contemplated giving up on life altogether.”

Purcell finds a new purpose in helping others with SCIs

After long months of depression and self-doubt, Purcell’s mother determined it was time for her son to find purpose beyond rehabilitation.

“My mom suggested I start Walking With Anthony to show people with spinal cord injuries that they were not alone,” Purcell remarks. “When I began to focus on other people besides myself, I realized that people all around the world with spinal cord injuries were suffering because of restrictions on coverage and healthcare access. The question that plagued me most was, ‘What about the people with spinal cord injuries who cannot afford the cost of rehabilitation?’ I had no idea how they were managing.”

Purcell and his mother knew they wanted to make a difference for other people with SCIs, starting with the creation of grants to help cover essentials like assistive technology and emergency finances. To date, they have helped over 100 SCI patients get back on their feet after suffering a similar life-altering accident.

Purcell demonstrates the power and necessity of rehab for people with SCIs

After targeted rehab, Purcell’s physical and mental health improved drastically. Today, he is able to care for himself, drive his own car, and has even returned to work.

“Thanks to my family’s financial and emotional support, I am making amazing physical improvement,” Purcell comments. “I mustered the strength to rebuild my life and even found the nerve to message Karen, a high school classmate I’d always had a thing for. We reconnected, our friendship evolved into love, and we tied the knot in 2017.”

After all that, Purcell found the drive to push toward one further personal triumph. He married but did not believe a family was in his future. Regardless of his remarkable progress, physicians told him biological children were not an option.

Despite being paralyzed from the chest down, Purcell continued to look for hope. Finally, Dr. Jesse Mills of UCLA Health’s Male Reproductive Medicine department assured Purcell and his wife that the right medical care and in vitro fertilization could make their dream of becoming parents a reality.

“Payton joined our family in the spring of 2023,” Purcell reports. “For so long, I believed my spinal cord injury had taken everything I cared about, but now I am grateful every day. I work to help other people with spinal cord injuries find the same joy and hope. We provide them with access to specialists, funding to pay for innovative treatments, and the desire to move forward with a focus on the future.”

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