With Over $5 Million in Diamond CBD Sales for the First Two Quarters of 2017, PotNetwork Strategizes to Deliver Results on St...
August 03 2017 - 8:00AM
InvestorsHub NewsWire
With Over $5 Million in Diamond CBD Sales for
the First Two Quarters of 2017, PotNetwork Strategizes to Deliver
Results on Strengthened Momentum
Results Surpass
Projections, Accelerating Growth Ahead of Forecast and Gaining the
Attention of Notable Analysts and Earning its Place Among Industry
Movers Mentioned in Forbes and Other Distinguished
Resources
Ft Lauderdale, FL -- August 03, 2017 --
InvestorsHub NewsWire -- PotNetwork
Holding, Inc. (OTC Pink:
POTN) is pleased to announce today that its
wholly owned subsidiary, Diamond CBD, Inc., reported
quarterly sales of $3,219,277 surpassing its first quarter’s
revenues of $1,858,347, by a considerable 73%, also representing an
increase of 1,495% over 2016’s second quarter’s revenues of
$201,885.
With Management’s
determined resolve to solidify the Company’s incumbent position in
the industry, market leading tradeshow and event participation have
become foundational to the Company’s development strategy. Upon
each event, Diamond CBD has grown before a revolving audience of
brand-new prospects, adding substantially to the existing consumer
base generating a sizable boost event after event.
With the extent of
publicity that Diamond CBD has been getting on a public level,
along with the rate of consumer satisfaction and popularity,
notable and distinguished sources have begun to take note, with
PotNetwork being reviewed unsolicited, alongside other industry
leaders by the likes of Forbes magazine
online.
“We are focused on building
a robust impact very early in the industry. In the cannabis market,
timing is so important. As the political landscape continues to
evolve, and Cannabis continues to deliver positive results,
the room for growth is substantial. The firmer foundation we can
establish right now, the more exponential the long-term results are
expected to be. Our long-term vision is expansive,” stated Maria
Gomez, Regional Vice President of Sales of Diamond CBD,
Inc.
The trend of record
breaking quarters continues with strong momentum. Diamond CBD has
reported that the past six months of trade show, expo, and
convention attendance, demonstrating Management’s determined
commitment to achieve strong results, had yielded product demand
requiring significant expansion of its manufacturing operations,
which the Company is managing successfully.
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.
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:
Marisol Elwell, 1-800-915-3060
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