PotNetwork Holding Inc. Wholly Owned Subsidiary, Diamond CBD Inc. Boasts April Revenues Exceeding $1 Million
May 09 2017 - 9:30AM
InvestorsHub NewsWire
With April 2016 Revenues of $39,954, Company
Generates an Estimated Increase of 2500% Year Over
Year
FT LAUDERDALE,
FL -- May 09, 2017 -- InvestorsHub NewsWire -- PotNetwork Holding,
Inc. (OTC Pink: POTN) is very
pleased to announce today that its wholly owned subsidiary, Diamond
CBD, Inc. has accomplished a substantial, exponential boost in
revenues year over year. For the month of April 2016, the Company’s
revenues were just short of $40,000.00, which have been shattered
by record breaking April 2017 results reflecting growth of more
than 25 times greater.
“The trajectory for Diamond CBD is
continually broadening. We are very excited about how the momentum,
now being translated into exponential growth, despite very high
expectations, still seems to continually blow the doors off our
projected expectations,” stated Maria Gomez, Regional Vice
President of Sales for Diamond CBD, Inc. Having recently celebrated
the distribution of 1 million Chill
Gummy edibles,
the Company has reported ongoing record breaking order flow,
resulting in the achievement of numerous highly anticipated
milestones, including CBD product
distribution in approximately 10,000 retail locations
nationwide.
As a result of the Company’s dominating
representation at diversified trade shows and conventions combined
with strategic publicity efforts, the Company continues enjoying
considerable growth, clientele and brand recognition for its
specialty Cannabidiol snacks
and oil products.
PotNetwork recently announced that Diamond CBD,
Inc. had disclosed groundbreaking first quarter 2017 sales results
of $1,858,347.48 which exceeded the total sales volume of
$1,663,081.78 for the entire calendar year of
2016.
About Diamond
CBD: Diamond
CBD focuses on the research, development,
and multi-national marketing of premium hemp extracts that contain
a broad range of cannabinoids and natural hemp derivatives.
Diamond CBD’s team consists of hemp industry pioneers and natural
product experts, chemists, and scientists, dedicated to producing
the finest and purest cannabidiol (CBD) oils. The result is a
robust selection considered among the most powerful
natural CBD oils and
E-Liquids found anywhere. For more
information, please visit its website
at www.DiamondCBD.com.
About PotNetwork Holding
Inc: PotNetwork Holding Inc. (OTC Pink:
POTN) is a
publicly traded company that acts as a holding company for its
subsidiaries, First Capital Venture Co., the owner of Diamond CBD,
Inc., the maker of Diamond CBD oils, and Sunrise Auto Mall,
Inc.
Safe Harbor Act: Forward-Looking Statements are
included within the meaning of Section 27A of the Securities Act of
1933, and Section 21E of the Securities Exchange Act of 1934, as
amended. All statements regarding our expected future financial
position, results of operations, cash flows, financing plans,
business strategy, products and services, competitive positions,
growth opportunities, plans and objectives of management for future
operations, including words such as "anticipate," "if," "believe,"
"plan," "estimate," "expect," "intend," "may," "could," "should,"
"will," and similar expressions are forward-looking statements and
involve risks, uncertainties and contingencies, many of which are
beyond our control, which may cause actual results, performance, or
achievements to differ materially from anticipated results,
performance, or achievements. We are under no obligation to (and
expressly disclaim any such obligation to) update or alter
forward-looking statements, whether as a result of new information,
future events or otherwise.
Contact:
PotNetwork Holding Inc. Investor
Relations
Email: investor@PotNetworkHolding.com
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