PotNetwork Holdings, Inc. (OTC Pink: POTN) is a holding company that owns and operates Sunrise Auto Mall, Inc., First Capital Venture Co., and Diamond CBD. In other words, the company has an auto sales business and a premium CBD business. Shares of the multi-sector business are declining 15.25% on Thursday, April 20, 2017. Over the past month, PotNetwork Holdings, Inc. has seen average daily volume of 4.05 million shares. However, volume of 2.79 million shares or dollar volume of $69,750, has already exchanged hands on Thursday.
Shares of PotNetwork Holdings, Inc. are under pressure today, after the company announced that its CBD subsidiary has had its Chill Gummies product featured on the front cover of the marijuana industry magazine, “BIG Industry Buyers Guide.” The magazine is the official publication of the “BIG Industry Show,” which is specialized in business-to-business and wholesale marijuana products. Here is the full press release detailing of the Diamond CBD front cover feature:
PotNetwork Holdings, Inc. Press Release:
LAUDERDALE, FL / ACCESSWIRE / April 18, 2017 / PotNetwork Holdings, Inc. (OTC PINK:POTN)is pleased to announce that the Company’s subsidiary, Diamond CBD, and its popular Chill Gummies were highlighted on the front cover of the April edition of the “BIG Industry Buyers Guide”, another leading cannabis and counterculture themed periodical. This publication is geared to enhance exposure and facilitate introductory resources for industry related businesses. The digital copy can be viewed at: http://www.mag.buyersindustryguide.com/.
Buyers Industry Guide™, the exclusive publication of the “BIG Industry Show”, is a market specific buyer’s guide that is delivered to all retailers throughout the sector. Providing retailers across the country with a complete, effective and organized way to easily reach a full selection of wholesalers and manufacturers in their industry, BIG™ has been recognized as an extremely effective way for vendors to introduce their company and promote products to retailers nationwide.
The BIG Industry Show is setting new standards in the business to business and wholesale 420 lifestyle sector. The innovative B2B smoke shop tradeshows feature the most dynamic and exciting vendors from across the country setting trends for the year ahead, including everything from glass to vape products for vape shops across the country. BIG has the wholesale information that is essential for every vape shop, grow facility, glass shop, manufacturer, wholesaler and distributor.
Maria Gomez, Regional Vice President of Sales, stated: “The discovery of what yields strong profit margins in the effort to gain exposure is one of the most costly, time consuming, and critical hurdles for companies seeking growth. As we look toward the next quarter, discerning from our current momentum, anticipation continues to grow as the word about our products spread nationally.”
Diamond CBD’s Chill Gummies were also featured by Smoke and Vape Business Solutions in April and B2B Wholesaler Magazine in January. B2B Wholesaler’s informative overview noted that, “The steady growth and sudden explosion of Diamond CBD products is no surprise. The company continues to create innovative products that consumers love and industry retailers cannot keep on the shelf.” More press coverage is anticipated. The Company will keep investors regularly updated.
About Diamond CBD:
Diamond CBD Inc. is an organization focused on the advanced research and development of the industry’s finest premium hemp extracts and making them available to the global marketplace. The Company’s notable team, consisting of hemp industry pioneers and natural product experts, chemists, and scientists, is dedicated to producing the finest and purest Cannabidiol (CBD) oil. The Company formulates advanced product quality to market through the team’s creation of diverse and top quality hemp extracts that contain a broad profile of cannabinoids and other natural hemp derived molecules, resulting in a robust selection of industrial hemp derived Diamond CBD oils considered among the most powerful natural CBD E-Liquids on the market. For more information, please visit the website at www.DiamondCBD.com.
About PotNetwork Holding, Inc:
PotNetwork Holding, Inc. (OTC Pink: POTN) is a publicly traded company with two wholly owned subsidiaries, Sunrise Auto Mall Inc. and First Capital Venture Co. and its wholly owned subsidiary Diamond CBD. First Capital Venture Co. through its wholly owned subsidiary, Diamond CBD, is a progressive organization focused on the advanced research and development of the industry’s finest premium hemp extracts and making them available to the global marketplace. The Company’s notable team, consisting of hemp industry pioneers and natural product experts, chemists, and scientists, is dedicated to producing the finest and purest CBD oil. For more information, please visit the website at www.DiamondCBD.com.
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 other 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 our forward-looking statements, whether as a result of new information, future events or otherwise.