Company Reports May as Another Record Breaking Month, with an Estimated Revenue Increase in Excess of 1,300% Year Over Year
FT. LAUDERDALE, FL / ACCESSWIRE / June 13, 2017 / PotNetwork Holding, Inc. (OTC PINK: POTN) is delighted to announce that its wholly owned subsidiary, Diamond CBD, Inc., has delivered yet another exponential increase in revenues year over year. For the month of May 2017, it achieved record breaking revenues of over 1 million dollars, which exceeded its May 2016 results by more than 1,300% over last years revenues of $70,444.
"We are on fire! We are consistently setting new sales records month after month as the sales momentum continues to build. Moreover, our ongoing aggressive marketing strategy continues to build consumer and industry awareness which is clearly evident as we go from one exciting industry event to another," stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.
Since the beginning of the year, Diamond CBD has pursued an aggressive multi-faceted growth plan, which has included a broad representation at various key industry trade shows and conventions, and a strong consumer and industry communications strategy that has yielded a huge spike in consumer and industry brand recognition for its specialty products.
As a result, the Company recently announced that Diamond CBD, Inc. had achieved a groundbreaking first quarter 2017 sales result of $1,858,347.48, which exceeded in one month the total sales volume of $1,663,081.78 for the entire twelve calendar months of 2016. In addition, Diamond CBD, Inc. has recently celebrated the distribution of 1 million Chill Gummy edibles, an ongoing accelerating order flow, and the distribution of its products in approximately 10,000 retail locations nationwide.
About Diamond CBD:
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., owner of Diamond CBD, Inc., the maker of the full line of Premium Diamond CBD Products.
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Contact:
PotNetwork Holding Inc.
Investor Relations:
Marisol Elwell, 1-800-915-3060
[email protected]
SOURCE: PotNetwork Holding, Inc.