PODA will succeed as SMOKERS ARE ADDICTS (big market) So Heat Not Burn, a tobacco free alternative to smoking, has been exploding in recent years. You've got the likes of Phillip & Morris creating their IQOS product several years ago and now they sold an estimated 85 billion of these nicotine sticks in 2020. But the problem with their product is that its "open ended", meaning you've gotta keep cleaning the heating device and it begins smelling and tasting bad after just the first few pods.
That's why PODA can be very interesting. They somehow got a global patent on a "closed ended" biodegradable nicotine stick that uses tea leaves to mimic the feel of smoking. By having it closed ended, it doesn't matter if you're heating the 1st or 1000th pod, its always going to taste the same and never smell (the unit that is). This immediately makes their product superior to IQOS and ripe for stealing their market share.
Another comparable that many investors will know is TAAT. This company focuses on a non nicotine, non tobacco product. Their stock has had great success as of late.
The thing about TAAT is that they are still Burn, not Heat (like PODA), and they do not give a nicotine fix that many smokers still want. And yet this stock did incredibly well as many investors understand alternative forms of smoking are growing at such a rapid rate.
This company is currently pre-revenue and Im waiting and excited to hear more on are the internal company projections on when the first products will hit the market, and what they aim to do revenue wise in 2022.
Ultimately, whether you believe in smoking or not, there is a problem with todays tobacco cigarette market and PODA has a really good solution to that and its a ground floor investment opportunity as this company is gearing up to get its first products to market.