November 14, 2018
PotNetwork Holdings, Inc. (OTC Pink: POTN) announced that Diamond CBD has initiated a mobile team equipped with an inventory of displays and CBD infused edible treats and oils designed to deliver stock and launch sales through brand new vendors in untapped retail stores and congruent facilities such as fitness centers, etc., across the U.S.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181113005673/en/
Diamond CBD's mobile fleet in South Florida (Photo: Business Wire)
For a brief video overview click here.
Armed with the Company’s most popular consumables, Diamond CBD’s squad of mobile sales vans begin their journey in South Florida. Their mission is to bring Diamond CBD’s premium product line to brick and mortar establishments across the country, from Miami to New York and ultimately, California. All at zero initial cost to vendors.
Diamond CBD distributes premium quality products and has established a successful, growing distribution network. The company’s new fleet of mobile sales vans will allow them to support their loyal vendors with free deliveries whilst simultaneously reaching out to new contacts and inducting them into the Diamond CBD family.
The CBD market is predicted to be worth a staggering $2.1 billion in consumer sales by 2020 with $450 million of those sales coming from hemp-based sources. That's a 700% increase from 2016. In 2017 Diamond CBD shattered all expectations and achieved revenues of $14.5 million, underscoring the potential of the CBD market. Diamond CBD’s success comes down to ensuring that consumers have access to a product whose quality speaks for itself. Their new fleet of mobile sales vans will help to drive the companies performance to new heights and bring Diamond CBD to a storefront near you.
About Diamond CBD, Inc.: Diamond CBD focuses on the research, development, and multinational 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 Holdings, Inc.: PotNetwork Holdings, Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its principal subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD products. For more information, please visit its website at www.potnetworkholding.com.
Safe Harbor: 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.