PotNetwork Holding Inc. Subsidiary, Diamond CBD Brings to Market Tasty Honey Selections Including Featured Premium Organic CB...
October 24 2017 - 8:00AM
InvestorsHub NewsWire
PotNetwork Holding Inc. Subsidiary, Diamond CBD
Brings to Market Tasty Honey Selections Including Featured Premium
Organic CBD-Infused Honey Sticks
Ft Lauderdale, FL -- October 24, 2017 --
InvestorsHub NewsWire -- PotNetwork Holding, Inc. (OTC
Pink: POTN) is pleased to announce that its wholly
owned subsidiary, Diamond CBD, Inc., has enhanced its product line
with a delicious selection of premium honey products. Among these
new products, the company will have delicious honey packed straws
infused with 10mg of pure natural organic CBD.
With the potentially
beneficial attributes of both cannabis and honey known for
centuries, Diamond
CBD’s highly anticipated Infused Honey Sticks may offer a whole new tasty way to
enhance wellness and boost the immune system. Comprised of 100% full spectrum CBD and
all natural honey, these delicious straws are expected to be a
welcomed item providing enthusiasts with a practical and beneficial
delivery method of nature’s gifts as revealed in
studies in the Asian
Pacific Journal of Tropical Biomedicine and available upon the inevitable
opening of flu season.
Although THC remains a
scheduled substance under current U.S. law, the paradigm is
shifting and attitudes are changing towards cannabis as a result of
recent research into the endocannabinoid system and the physical
role it plays. Containing receptors that naturally respond to
cannabinoids, the human body has, in numerous studies, shown to
interact favorably, often enhancing the body’s natural ability to
fight disease and reduce symptoms.
One of the major
ingredients of cannabis, and the source of CBD rich hemp
oil, cannabidiol has been formally
recognized by the U.S. Patent Office as an “antioxidant and
neuroprotectant”. Filed in 1999, and published in 2003, U.S. Patent
6630507 has recognized cannabidiol as an effective antioxidant.
Antioxidants are generally useful in the treatment of oxidative
diseases and are known for anti-aging effects. Treatment resistant
ailments such as Alzheimer’s disease, Parkinson’s disease, and HIV
dementia are mentioned in the abstract as potentially treatable
with antioxidant CBD. Inflammatory and autoimmune diseases are also
noted.
Recently announced, the
Company has delivered yet another impressive month of financial and
industry growth. For the month of August 2017, Diamond CBD achieved
record breaking revenues of $1,764,880.00, which exceeded July
revenues by 20.9%.
Second quarter and
year-to-date operating results confirm PotNetwork Holding’s
revenues maintain strong growth with performance continuing to
exceed fiscal 2017 forecasts. With reported revenues of
$5,077,625.00 for the first 6 months of fiscal 2017, and a net
profit of $369,237.00, the Company concluded the first half of 2017
with a positive net cash flow of $395,009.00. Based on earlier
reported financial statements with OTCMarkets, the Company
continues on track to exceed its projections established for 2017.
As developments evolve, the Company will be prompt with pertinent
updates.
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,
doctors 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, tinctures, edibles, and vape 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
investor@PotNetworkHolding.com
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