FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--
POTN Subsidiary Begins Collaboration with Online Sales Giant YUKA E-Commerce
PotNetwork Holdings, Inc. (OTC Pink:POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD, Inc. (“Diamond”) received a substantial purchase order for more than $400,000 worth of its industry-leading lineup of CBD products from Grand Capital Ventures, Inc.’s (OTC:GRCV) wholly-owned subsidiary Yuka E-Commerce (“YUKA”). Diamond intends to further collaborate with YUKA, whose leadership in the e-commerce market has found them repeated success on online platforms such as Amazon, Groupon, Pinterest, As Seen on TV, and More.
Diamond continues to grow as a powerhouse in the CBD industry, having recently recorded revenues of over $25 million for fiscal year 2018 for its parent Company. More recently, they were seen at CHAMPS Trade Show in Atlantic City, where they exhibited several new products to complement their popular line of CBD tinctures and gummies, including their selection of CBD Dried Fruits, and their new CBD-infused chocolate snacks, produced under the Choco-Budz name.
(Click here to see Diamond CBD in action at CHAMPS Trade Show in Atlantic City)
“Key to our success has always been innovation, not just with our product lines, but with our marketing and sales channels as well,” said Kevin Hagen, CEO of PotNetwork Holding, Inc. “YUKA is a well known go-to name in the e-commerce industry, so when we had a chance to partner up with them, we jumped at it. It’s an opportunity to make good on our promises to both our customers and our shareholders.”
While Diamond sits at the top of a CBD industry which experts predict could reach as high as $22 billion within the next five years, POTN is making waves as well. The Company recently filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC) to register its common stock under the Securities Exchange Act of 1934.
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. For more information, please visit, www.potnetworkholding.com.
About Yuka E-Commerce
Yuka is an e-commerce company dedicated to providing strategic sales channels for brands looking to enter or expand in the global e-commerce market. YUKA provides a full spectrum of brand building and sales & marketing services to expand a client’s brand reach. Services offered include not only comprehensive sales and marketing services, but also operational sales and fulfillment logistics, and product and brand photography.
For more information, visit our website at www.Yukaecom.com,
About Grand Capital Ventures, Inc.
Grand Capital Ventures is a company with a historic focus in the nurturing of companies demonstrating a positive upside while striving to bring new technologies and unique products to their respective markets. For more information, visit our website at https://www.GRCV.net.
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.
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PotNetwork Holdings, Inc.