POTNETWORK HOLDINGS ENDS 2017 WITH $14,499,000 I
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Posted On: 01/24/2018 9:01:05 AM
POTNETWORK HOLDINGS ENDS 2017 WITH $14,499,000 IN DIAMOND CBD REVENUES, EXCEEDING EARLIER PROJECTIONS BY OVER 70%
Ft Lauderdale, FL -- January 24, 2018 -- I NewsWire -- PotNetwork Holding, Inc. (OTC Pink: POTN) announced today that as a result of the rapid growth in sales of its wholly owned subsidiary, Diamond CBD, Inc., it had achieved approximately $14.5 Million in revenues for calendar 2017. Earlier Company projection had been for $8.3 Million, which were exceeded by over 70%, due to rapid month-over-month growth in sales.
“2017 has been a phenomenally successful year for us! Our unprecedented sales growth pays tribute to the hard work of our staff and our resellers, and the exceptional quality of our CBD product line which expanded greatly over 2017.” stated Richard Goulding, Chief Executive Officer, PotNetwork Holding Inc. He added, “We are poised to continue 2017’s growth during 2018 as we embark on new and unique marketing initiatives and embrace new opportunities with the potential of providing strong returns on investment for our shareholders.”
Goulding concludes: “Moreover, we are proud, and think our shareholders should be too, that on December 13, 2017, PotNetwork Holding was named by Huffington Post, a prominent major national newsource, as “One of Five Notable CBD Revolution Industry Leaders”. An accolade that pays tribute to the Company’s achievements and future prospects.”
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 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.
Contact: PotNetwork Holding Inc. Investor Relations: Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com
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