As the market for CBD Extraction processing continues to develop and expand at rapid pace, leading producers of CBD-based products are acquiring, merging and/or investing in infrastructure and equipment to meet rising demand and enhance revenue stream potential.
PotNetwork Holding, Inc. announced today that it will attend SeeThruEquity's Annual Micro Cap Investor Conference, June 1st in New York City, where it will showcase its wholly owned subsidiary, Diamond CBD, Inc. Presenting on behalf of the Company will be its newly appointed Chief Consulted for special projects, Bruce Barren.
Having recently surpassed the milestone of distributing 1 million Chill Gummy edibles, and having its CBD products distributed in approximately 10,000 retail locations nationwide, PotNetwork Holding's Diamond CBD continues to report ongoing heavy order flow. Moreover, as a result of Diamond CBD's strategic publicity efforts and high-profile presence at major trade shows and conventions, it anticipates continued strong growth in clientele, brand recognition and preference for its products. PotNetwork Holding recently announced that Diamond CBD had reported first quarter 2017 revenue of $1,858,347.48, which exceeded total revenue of $1,663,081.78 for all of calendar year 2016.
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, 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 and E-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, and Sunrise Auto Mall, Inc.
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.