PotNetwork Holding, Inc. is pleased to announce today that wholly owned subsidiary, Diamond CBD, Inc., achieved $3,224,017 in combined sales for July and August; ($1,459,137 and $1,764,880 respectively), discovering results equivalent to over 60% of revenues totaling $5,077,625 for the first six months of the year, raising expectation for another record breaking quarter.
Moreover, Diamond CBD reports that even allowing for the Hurricane Irma interruption to its Florida fulfillment operations, September sales and shipments exceeded expectations, raising forecasts for third quarter sales revenues. Based on momentum, results for third quarter 2017 are expected to outperform the entire period of January through June. Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc., stated,
“We continue to be excited by our continued escalating revenues month-after-month. We attribute these gains to increasing consumer acceptance of our products, and the expansion of our distribution network and product line. This summer underscores what we believe is a sustainable sales momentum that should further springboard sales in the 4th quarter strengthening an already record year.” She added, “When released, we are confident that our official third quarter and year-to-date operating results will reflect the continual strengthening of our organization and brand, our growing market penetration, and the superior value of our products.”
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.
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