Projections Heightened to Over $1 Million Dollars for May as PotNetwork Holding Reports Diamond CBD’s Continuing Surge in S...
May 16 2017 - 10:04AM
InvestorsHub NewsWire
Projections Heightened to
Over $1 Million
Dollars for May as PotNetwork
Holding Reports Diamond CBD’s Continuing Surge in Sales
Momentum
Revolutionary Product Line to be Introduced and
Made Available to Brand New Counter Culture Crowd in Atlantic City
Following Breakout Month of April
Ft Lauderdale, FL -- May 16, 2017 --
InvestorsHub NewsWire -- PotNetwork Holding, Inc. (OTC
Pink: POTN)
(the “Company”)
is pleased to announce
today that its wholly owned subsidiary, Diamond CBD, Inc., after an
exponentially record breaking month in April, continues to
experience a powerful upward trend in sales, as the team prepares
to showcase the Diamond CBD product line at the Champs Trade Show
in Atlantic City, May 16th-18th,
widely recognized as the largest and
most trusted counter-culture trade show in the
world.
The continually rising
success and popularity of Diamond
CBD’s
innovative and highly
consumable product line has surprised even upper level management.
“We cannot understate the diligence of our team in their
tireless effort to bring our trendy and delightful products into
the limelight, such effort would fundamentally boost the popularity
of any product line. However, the level of product acceptance by
which our efforts have been met brings continuing gratification,
keeping the team pumped knowing that nothing can stop an idea whose
time has come.” stated Maria Gomez, Regional Vice President of
Sales for Diamond CBD, Inc.
Diamond CBD recently
disclosed that the Subsidiary had accomplished a substantial,
exponential boost in revenues year over year for the month of
April. Diamond CBD’s revenues in April of last year were just short
of $40,000.00, in reflection of the Vendor’s infancy. With record
breaking April 2017 results reflecting exponential growth of more
than 25 times, management continues to broaden projections as new
heights are achieved. Actual results are forthcoming.
Having recently celebrated
the distribution of 1 million Chill Gummy edibles, Diamond CBD 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 outstanding 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 Inc.: 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