With $1,098,448.00 in May Revenues, PotNetwork Holding Reports Strong Continuing Climb in Diamond CBD Revenues
June 21 2017 - 8:30AM
InvestorsHub NewsWire
Strengthened by Highly Successive and Determined
Market Visibility, Sales Soar Over $1 Million May Projection, as
Consumable Product Line Grows Increasingly
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FT LAUDERDALE, FL - June 21, 2017 -
InvestorsHub NewsWire - PotNetwork
Holding, Inc. (OTC Pink:
POTN) is pleased to announce that its wholly
owned subsidiary, Diamond CBD, Inc., after reporting a string of
record breaking monthly revenues, reports once again that it
has surpassed projections yet again as the result of heightening
demand for its products.
“To the surprise of many,
our momentum has not plateaued. Our continued upward trend in sales
is the result of an offering of an outstanding range of excellent
products supported by a determined, tireless and goal-oriented
team. As we conclude a succession of very successful trade show
events, we continue to be exceedingly pleased with the results.”
stated Maria Gomez, Regional Vice President of Sales of Diamond
CBD, Inc. As a result of the timing of Diamond CBD’s consumables growing popularity,
unsurpassed product quality, and numerous event presentations,
consumer and trade enthusiasm for Diamond CBD’s products continue
to escalate and drive sales.
Diamond CBD recently
disclosed that for the month of April 2017 the Company had
accomplished a massive spike in revenues year over year. Similarly,
no momentum was lost in May as over $1,000,000 in monthly sales has
been reported. These continued record results can be attributed to
Diamond CBD’s aggressive strategy since the first of the year of
showcasing both its product line and highly successful branding
strategy at numerous widely recognized industry events and
investor conferences.
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 its customer base,
brand recognition and overall market 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 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:
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com
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