PotNetwork Holding Inc Generates Over $2 Million in Sales Revenue for February 2018, a 480% Increase on Last Year
March 15 2018 - 6:00AM
InvestorsHub NewsWire
PotNetwork Holding Inc Generates Over $2 Million in Sales
Revenue for February 2018, a 480% Increase on Last
Year
Additionally, Diamond CBD Courts 250 New Distributors at
Latest Event
Ft Lauderdale, FL -- March 15, 2018 -- InvestorsHub
NewsWire -- PotNetwork Holding, Inc (OTC Pink:
POTN) announced today
that it’s wholly owned subsidiary, Diamond CBD, Inc., has generated
over 2 million dollars in sales for the month of February,
surpassing last year’s sales of $472,000 for the same interval,
reflecting year-over-year growth, in the range of 480 percent.
The company also received interest from over 250 new wholesale
distributors to represent the Diamond CBD brand at the 37th
CHAMPS Trade Show on February 19-21, an event that yielded
the company $270,000 in sales over 3 days.
Initiating coverage with a “Strong Speculative Buy”
recommendation by Harbinger Research,
Diamond CBD, has been highlighted in a recent comprehensive
research report projecting a price per share target of $1.25.
This recommendation substantiates the recently updated research
report by SeeThruEquity, following
strong monthly sales data and 3Q17 filings, where analyst
projections were raised to $1.25 based on robust top line growth,
and revenue already tracking above initial estimates.
To view these reports in their entirety,
visit:
Harbinger
Research
SeeThruEquity
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 Inc.: PotNetwork Inc.
brings to market PotNetwork.com, a counter-culture, cutting-edge
digital magazine, publishing up-to-date news and articles on the
cannabis industry. PotNetwork.com operates as a wholly owned
subsidiary of the Company; a media resource providing a full range
of industry related topics.
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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