PotNetwork Holding, Inc. is pleased to announce that the Company’s subsidiary, Diamond CBD, exhibited last week at the popular ASD Market Week Event in Las Vegas, NV, yielding over $320,000.00 in revenues over the multi-day notable event, well-known to showcase a comprehensive collection of the world’s widest variety of popular retail merchandise in one resourceful shopping experience. Drawing a global crowd to the U.S., ASD is popular for bringing over 30,000 on-trend, high margin goods at the lowest wholesale prices in the U.S.
“The ASD event is one that our team has come to highly anticipate because of the sheer size, buying power and diverse nature of the crowd. Last season was exciting, but this season we have struck new highs. With over 40,000 in attendance, we landed over $320,000 in sales. A striking success for such a broad audience with a range of interests,” stated Maria Gomez, Regional Vice President of Sales of Diamond CBD, Inc.
This type of show is substantially valuable to the Company because it not only strengthens Diamond CBD’s position against competitors, it also facilitates access to a whole new spectrum of consumers through the introduction to the benefits of CBD as a whole.
Acknowledgement at the Diamond CBD booth was the boldest, biggest statement yet for the growing company. Gomez concluded,
“The retailers, wholesalers, distributors and even other exhibitors were enthusiastically impressed and with the fascinating presentation of the products and the distinguished partnerships developed with recognizable talent such as Tommy Chong and Lawrence Taylor.”
Boasting 45,000 buyers from 88 countries that visit ASD Market Week each year, showcasing at this event brings thousands of ASD vendors and exhibitors within range for Diamond CBD. Of that number, 98% of attendees have major purchasing power. The average buyer spends $82,500 per show, equating to $2.8 billion annually across hundreds of product categories. Eighty-eight percent of event buyers are domestic and 12% are international. With 9 shows, 19 retail categories and 2,500 vendors, ASD has the widest selection of merchandise in one place at one time.
ASD Market Week and Culture+ are owned and operated by Emerald Expositions, a leading operator of large business-to-business trade shows in the United States, producing more than 50 trade shows and more than 100 face-to-face events in total, including conferences, summits and other events. The ASD Market Week is the 24th largest trade show in the country.
About ASD Market Week
ASDMarket Week brings the world's widest variety of merchandise together in one efficient consumer goods trade show that's as easy to shop as it is to love. Loaded with quality choices at every price point, this well-established trade event continues to grow, attracting tens of thousands of loyal attendees from every retail and distribution channel who come here to discover new suppliers, new on trend product categories—and new ways to profit. Buyers can shop gift & home, health, beauty, food, licensed product, fashion apparel, footwear & accessories, general merchandise, electronic accessories and more all under one roof twice a year. To learn more about ASD, visit the website or simply visit the ASD Insider retail education blog.
An Event held twice per year in Las Vegas, ASD Market Week is highly regarded as a momentous wholesale buying event that can’t be missed for serious small to large sized retail, distribution, or importing businesses. ASD Market Week is also home to SourceDirect Trade Show, a component of the show that enables importers, distributors, wholesalers and large retailers to buy wholesale goods directly from overseas.
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.
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.