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PotNetwork Holdings, Inc. Posts Record First Quarter Revenues of $6.3 Million; Strong and Steady Momentum Bolsters Sales Performance 283% Over First Quarter of 2017

April 26, 2018

PotNetwork Holdings, Inc. is pleased to announce record breaking Q1 revenues totaling $6.3 Million. Compared with $1,858,347 in revenues for Q1 2017, this year’s performance represents an almost three times increase over the same period last year. 

The Company’s growth is being driven by the results of its wholly-owned subsidiary, Diamond CBD, Inc. Diamond CBD distributes premium quality products, and has established a successful, continually broadening distribution footprint. Diamond CBD’s products are distributed through 10,000 retail locations, and in Q1 of 2018, 25% of PotNetwork Holdings, Inc.’s overall sales revenue came from Diamond CBD’s ecommerce sales performance.

Diamond CBD is focused on researching and developing new innovative health and wellness solutions which are being broadly marketed into new Industry segments, establishing a spectrum of  diverse new users. Diamond CBD, Inc.’s products are legal in all 50 U.S. states and continue to gain high profile endorsements from those in the medical communityHollywood and professional sports leagues.

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 subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils, and PotNetwork Inc.

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. 

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.