With Sales Exceeding $235,000 in Just 3 Days, PotNetwork Holding Scores Big Success at the Atlantic City CHAMPS Trade Show
May 23 2017 - 9:00AM
InvestorsHub NewsWire
Results Continue to Exceed Expectations as
Diamond CBD’s Premium Product Line is Showcased at the World’s
Largest and Most Trusted Counter-Culture Trade
Show
FT LAUDERDALE, FL -- May 23, 2017 --
InvestorsHub NewsWire -- PotNetwork Holding, Inc. (OTC
Pink: POTN) is pleased to announce today that its
wholly owned subsidiary, Diamond
CBD,
after achieving a record
breaking first quarter revenues, has achieved
sales results in excess of $235,000 for the Company’s premium
Cannabidiol (CBD) hemp oil and other products that it featured at
the CHAMPS
Trade Show in Atlantic City from May
16th-18th. The CHAMPS Trade Show
is widely recognized as the largest and
most trusted counter-culture trade show in the
world.
Overall, the Company
continues to experience a powerful upward trend in sales, as the
team wraps up after a very successful 3-day exhibition. “We are
ecstatic with our results. We have learned to set our expectations
high. As a result of the timing of CBD’s growing popularity and the
quality of our products, our products are consistently met with
reseller and consumer enthusiasm resulting in continuous escalating
sales,” stated Maria Gomez, Regional Vice President of Sales for
Diamond CBD, Inc.
Diamond CBD recently had
disclosed that for the month of April 2017 the Company had
accomplished a massive boost in revenues year over year. The
Company’s revenues in April 2016 were just under $40,000, a
reflection of the Company’s infancy. With record breaking April
2017 sales of over $1 Million Dollars, the Company has achieved
exponential growth of over 25 times.
Having recently surpassed
the milestone of distributing 1 million Chill Gummy edibles, and having its CBD products
distributed in approximately 10,000 retail locations nationwide,
the Company continues to report ongoing heavy order flow. Moreover,
as a result of the Company’s strategic publicity efforts and high
profile presence at major trade shows and conventions, the Company
anticipates continued strong growth in clientele, brand recognition
and preference for its products.
PotNetwork Holding recently
announced that Diamond CBD, Inc. had reported first quarter 2017
revenue of $1,858,347.48 which exceeded total revenue of
$1,663,081.78 for all of calendar year 2016. Consolidated financial
statements for the Company have been published and can be viewed at
OTCMarkets.com.
About the
CHAMPS Trade Shows:
Drawing exhibitors, entrepreneurs, and
enthusiasts from across the country, this massive event is designed
to enable vendors to unveil and market the industry’s newest
cutting-edge products to distributors, wholesalers and
retailers. The CHAMPS Trade Shows have been a staple in the
counterculture industry for eighteen years, continually
experiencing growth as the market continues to evolve. Since 1999,
CHAMPS has hosted premier exhibitors in the industry and draws
industry leaders, retailers and consumers in the thousands from all
over the globe.
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
Phone:
1-800-915-3060
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