PotNetwork Holdings, Inc. (OTC Pink: POTN) is engaged as a holding company that primarily focuses on high-quality CBD products, media, and other aspects of the cannabis industry. Shares of the cannabis holding company are jumping 24.22%, through early trading on Tuesday, February 13, 2018. Over the past month, PotNetwork Holdings, Inc. has seen average daily volume of 21.07 million shares. However, volume of 12.46 million shares or dollar volume of $7.48 million, has already exchanged hands through early trading.
Shares of PotNetwork Holdings, Inc. are rallying today, after the company announced that it has reported record monthly revenue of $2.1 million during January 2018. This represents a 50% increase from the company’s December revenue results, which came in at $1.46 million. Management is pleased that the company is starting off 2018 on a very strong note with the greatest monthly revenue in company history. Here is the full press release detailing of the record January revenue:
PotNetwork Holdings, Inc. Press Release:
PotNetwork Holding, Inc. (OTC Pink: POTN) announced today, it’s wholly owned subsidiary, Diamond CBD, Inc., has reported the highest monthly sales results thus far, entering 2018 with $2,190,000 in revenues, a 50% increase over December’s revenues of $1,460,000.
Exceeding $2 Million in monthly sales, the Company has broken every record set in its prior history, and continues its trend of overall growth set in 2017.
“We have moved into 2018 with continuing growth in our sales results which has heightened our expectations for the year. In 2017 we experienced steady growth and with January’s sales reflecting continued month-over-month revenue gains, we are further encouraged that our overall product line and business strategies are working and on-target. These results prove that we are experiencing increasing consumer and reseller acceptance and preference of our product line, which we are committed to continue to refine and expand,” stated Chief Executive Officer, Richard Goulding, MD. He added, “2018 is our breakout year.”
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, 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 Inc.: PotNetwork Inc. 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 wholly owned subsidiary of the Company; a media resource providing a full range of industry related topics.
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.
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