POTN $235K sales in 3 days @ Champs Show> Resul
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Results Continue to Exceed Expectations as Diamond CBD’s Premium Product Line is Showcased at the World’s Largest and Most Trusted Counter-Culture Trade Show
FT LAUDERDALE, Fla., May 23, 2017 (BUSINESS WIRE) -- PotNetwork Holding, Inc. (otc pinkOTN)is pleased to announce today that its wholly owned subsidiary, Diamond CBD, after achieving a record breaking first quarter revenues, has achieved sales results in excess of $235,000 for the Company’s premium Cannabidiol (CBD) hemp oil and other products that it featured at the CHAMPS Trade Show in Atlantic City from May 16 [th] -18 [th] . The CHAMPS Trade Show is widely recognized as the largest and most trusted counter-culture trade show in the world.
Overall, the Company continues to experience a powerful upward trend in sales, as the team wraps up after a very successful 3-day exhibition. “We are ecstatic with our results. We have learned to set our expectations high. As a result of the timing of CBD’s growing popularity and the quality of our products, our products are consistently met with reseller and consumer enthusiasm resulting in continuous escalating sales,” stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.
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Diamond CBD recently had disclosed that for the month of April 2017 the Company had accomplished a massive boost in revenues year over year. The Company’s revenues in April 2016 were just under $40,000, a reflection of the Company’s infancy. With record breaking April 2017 sales of over $1 Million Dollars, the Company has achieved exponential growth of over 25 times.
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 clientele, brand recognition and 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.