14:25 uur 23-10-2018

PotNetwork Holdings, Inc. rapporteert $18.1 miljoen in de verkoop en overtreft de gehele omzet die in 2017 is gegenereerd

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–

Met een overschrijding van de 9 maanden van vorig jaar met 90%, bereidt de onderneming zich voor op het spannende laatste kwartaal van 2018

PotNetwork Holdings, Inc. (OTC Roze: POTN) kondigde vandaag een omzet van $18.1 miljoen voor de eerste 9 maanden van het jaar aan, en realiseerde een stijging van $8.6 miljoen in jaaromzet. Dit volgt op de recente aankondiging van het bedrijf van de recordopbrengsten in het derde trimester van $6.1 miljoen.

Gedreven door de groei van zijn volledige dochteronderneming, Diamond CBD, Inc., PotNetwork Holdings, Inc. heeft wortel geschoten als industrieleider in de groeiende markt voor de extracten van de premiehennep.

PotNetwork Holdings, Inc. Reports $18.1 Million in Sales Surpassing Entire Revenue Generated in 2017

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–

Exceeding Last Year’s 9-Month Performance by 90%, Company Prepares for Exciting Final Quarter of 2018

PotNetwork Holdings, Inc. (OTC Pink: POTN) today announced sales of $18.1 Million for the first 9 months of the year, realizing an $8.6 Million increase in year over year sales. This follows the Company’s recent announcement of its record third quarter revenues of $6.1 Million.

Driven by the growth of its wholly-owned subsidiary, Diamond CBD, Inc., PotNetwork Holdings, Inc. has taken root as an industry leader in the growing market for premium hemp extracts. PotNetwork Holdings is expanding its research and development, multinational marketing and international distribution of a broad range of hemp-derived cannabinoids and other natural hemp derivatives.

PotNetwork Holdings also reported that sales of Diamond CBD Products are coming 60% from its wholesale distribution network and 40% from online sales including from www.diamondcbd.com.

“I am extremely pleased with our year-over-year growth,” said Kevin Hagen, president of Diamond CBD. “We provide customers with a high-quality product with lab reports attached to each product displayed online. It is part of our commitment to transparency in providing the highest quality CBD to our customers.”

PotNetwork Holdings expects to file its quarterly report for the 9 months ended September 30, 2018 on or before November 14, 2018. The quarterly report will contain a further breakdown of the Company’s revenue and earnings.

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 principal subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD products.

Safe Harbor: 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.

Contacts

PotNetwork Holdings, Inc.
Investor Relations:
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com

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