FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--PotNetwork Holding Inc. (OTC Pink: POTN) is pleased to announce, following the Company’s subsidiary, Diamond CBD’s aggressive branding and marketing efforts this past quarter, that Diamond CBD’s management has engaged several new distributors, achieving its highly anticipated goal of establishing a merchandising network of 7,000 authorized retail vendors. This puts Diamond CBD “over the top” with its products now accessible at approximately 10,000 stores in the United States.
Among recent targeted marketing endeavors, Diamond CBD has made vigorous and strategic efforts to bring the Company and its premium CBD products into the public eye through its attendance at notable and popular industry trade shows and conventions.
Maria Gomez, Regional Vice President of Sales commented: “These conventions are an intricate part of the Company’s approach to building a strong and diversified network of retailers and clients. We’re pleased with the tremendous success at these events. We’re confident, based on what we have found thus far, that the numerous relationships established, in addition to what we have planned moving forward, will enable us to solidify a strong, industry leading position in the CBD marketplace.”
Since the beginning of the year, the Company has been showcasing its CBD oil and specialty products in some of the busiest industry events garnering more than 500 new accounts. January’s Surf Expo in Orlando, Florida resulted in establishing new business opportunities and the Las Vegas CHAMPS Show reaching more than a quarter million dollars of purchase orders. Most recently, the Company exhibited at the ASD Market Week which is an international event providing exposure to approximately 45,000 buyers from more than 88 countries.
Diamond CBD sales have accelerated from $1,663,081.78 for the 4 quarters of 2016 to a pace that will probably exceed $1,700,000.00 for the first quarter of 2017.
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.
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