PotNetwork Holdings, Inc.’s Diamond CBD Continues Surpassing $2 Million In Sales Per Month Practically Doubling Revenues Year Over Year
Diamond CBD keeps breaking previous year’s records with May 2018 Sales
FT LAUDERDALE, Fla., June 21, 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 setting new record sales year over year.
Over half a million dollars in Diamond CBD’s sales revenues were generated exclusively online in the first 27 days of May. Compared with the same period in 2017, the exponential growth in overall revenues, as seen streaming on the Company’s real-time revenue ticker on Potnetworkholding.com, proves that Diamond CBD has achieved a sizable, solid foothold in the markets for its products, and has the ability to continually grow and expand as a result of creating products that meet the needs and desires of its growing number of customers.
PotNetwork Holdings, Inc. recently announced its plan to prepare a Form 10 to be filed with the Securities and Exchange Commission, to become a fully reporting SEC company. This action is fundamental to the Company’s efforts to demonstrate heightened transparency to its investors and bring the Company greater visibility and credibility before a substantially larger group of qualified investors.
The Company expects to file the Form 10 not later than June 30, 2018.
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
© 2018 GlobeNewswire, Inc. All Rights Reserved.