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PotNetwork Holding Inc.’s Diamond CBD Sets New Record For Monthly Online Sales with Over $500,000 in February Online Revenues Alone


Posted on: 07 Mar 18

FT LAUDERDALE, Fla., March 07, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--PotNetwork Holding, Inc. (OTC Pink:POTN) (“Company”)announced today that its wholly owned subsidiary, Diamond CBD Inc.com, achieved over $500,000 in website- generated orders, surpassing all previous online sales records.

“Even though February is the shortest month of the year, we reached online sales higher than ever before. Our online sales today not only represent the conversion of event and promotional offers into initial sales, but a building base of  repeat customer orders that reflect high consumer satisfaction of our products and the value that they represent,” stated Richard Goulding, President.

The Company’s website, PotNetworkHolding.com has undergone a major renovation and has emerged cleaner, more user-friendly, and fortified with updated and real time information including constantly updated, revenue results that will show continuous growth in the Company’s results.

When comparing results to that of last year, recent sales results show growth in the range of over 300%. Over the course of the last year, the Company’s subsidiary, Diamond CBD, has brought to market over 15CBD brands that have demonstrated high consumer brand recognition and acceptance. These brands are marketed at thousands of retail stores around the country and include CBD oils, edible gummies, vape pens, vape additives pet products, and more.

In addition, Diamond CBD has most recently unveiled a new product line, targeting a different sector of the market with Meds BioTech, which provides a specialty line to meet the demand of consumers seeking nutritional supplements.

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 Inc.: PotNetwork Inc., a wholly owned subsidiary of the Company, brings to market PotNetwork.com, a counter-culture, cutting-edge digital magazine, publishing up-to-date news and articles on the cannabis industry. PotNetwork.com operates as a media resource providing a full range of industry related topics.

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.

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

GlobeNewswire
globenewswire.com

Last updated on: 07/03/2018

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