Loading, Please Wait...
Year Over Year Sales Practically Double Again with Year-To-Date Sales Now Exceeding $12 Million for Only Six Months
FT LAUDERDALE, Fla., July 25, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--PotNetwork Holdings, Inc. (OTC Pink:POTN) is pleased to announce that its subsidiary, Diamond CBD, Inc., achieved revenues of over $2 Million, continuing its trend of reaching record new heights, a gain of over 80% when compared year over year.
Diamond CBD’s consistent trend of breaking sales records is the result of its continued expansion of innovative product lines, and results-oriented market diversification and sales strategies that continue to broaden its distribution footprint and consumer brand preference for its products.
In addition to the Company’s ongoing establishment of a marketing “wall” to protect and build its market share, the Company recently announced the engagement of two national law firms to handle intellectual property and regulatory guidance on FDA submissions and related matters. These engagements will allow the Company to explore and initiate the registration of trademarks and patents, and to evaluate the feasibility of FDA approval and registration for certain of its products, thereby solidifying existing and forthcoming market positions for current and future product introductions.
About Diamond CBD, Inc.:Diamond CBD focuses on the research, development, and multinational 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 Holdings, Inc: PotNetwork Holdings, 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 Holdings, Inc. Investor Relations: Marisol Elwell, 1-800-915-3060 investor@PotNetworkHolding.com