80,000 Chill Gummies Sold As A Result of Highly Productive PotNetwork Road Show
June 27 2017 - 9:00AM
InvestorsHub NewsWire
Diamond CBD Chill Gummy Line Completely Sells
Out, and Manufacturing Expands to Meet Consistently Increasing
Demand
FORT LAUDERDALE, FL -
June 27, 2017 - InvestorsHub
NewsWire - PotNetwork Holding Inc. (OTC Pink:
POTN) announced today that
the Company’s subsidiary, Diamond CBD, has entirely sold out of its
increasingly popular proprietary Chill Gummy line.
The past six months of trade show, expo, and convention attendance
have demonstrated Management’s determined commitment to achieve
strong results, yielding in product demand requiring significant
expansion of its manufacturing operations. The Company’s
Chill Gummy inventory is slated to be restocked within
approximately two weeks.
Diamond CBD has projected an $8 Million annual revenue target for
2017. As a result of dominant representation at various industry
trade shows and conventions combined with its ongoing strategic
publicity efforts, the Company continues to build considerable
momentum, clientele and brand recognition.
PotNetwork Holding’s Diamond CBD’s most recent attendance at the
SeeThruEquity event resulted in an
equity analyst setting a possible price target for the Company’s
shares of $0.25 per
share. Other recent road show/expo attendance included
a presentation at the 7th Annual LD
Micro Invitational, being
a featured guest on a national radio and webcast, launching new
product lines at a major New York trade show, and
receiving a positive reception at the Fourth Annual Cannabis World
Congress & Business Exposition,"2017 CWCBExpo”, the definitive
business event of the cannabis industry. The Company has also recently presented at the
2017 Marcum Microcap Conference, and attended the Southeast Cannabis Conference
& Expo.
CBD Chill Gummies were
introduced to the market shortly after the Company’s inception.
These tasty CBD Chill Gummies claim center stage within
Diamond CBD’s premium product line, quickly becoming the Company’s
most popular and delectable signature treats.
Diamond’s CBD infused Chill Gummy line consists of a wide
range of popular flavors.
About Diamond
CBD: Diamond CBD focuses on the research,
development, and multi-national marketing of premium products based
on 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,
E-Liquids and related products found anywhere. For more
information, please visit the website
at www.DiamondCBD.com.
About PotNetwork
Holding Inc.: PotNetwork Holding Inc. (OTC
Pink: POTN) is a publicly
traded holding company focused on investments in the development,
production and marketing of products and services that serve the
Cannabis industry and its various market segments. Its
subsidiary, First Capital Venture Co., owns Diamond CBD, Inc., a
leading maker of an extensive line of cutting-edge products
containing hemp-extracted CBD oil.
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.
Contacts: PotNetwork
Holding Inc.
Investor Relations: Marisol Elwell, investor@PotNetworkHolding.com
Potnetwork (CE) (USOTC:POTN)
Historical Stock Chart
From Mar 2024 to Apr 2024
Potnetwork (CE) (USOTC:POTN)
Historical Stock Chart
From Apr 2023 to Apr 2024