NetworkNewsWire, a multifaceted financial news and publishing company, today announces the publication of an editorial featuring PotNetwork Holding, Inc. (OTC: POTN), a client of NNW that acts as a holding company for its subsidiaries, First Capital Venture Co., and the owner of Diamond CBD, Inc., the maker of Diamond CBD oils.
The publication, titled, "Cannabis Companies Cater to an Increasingly Large and Diverse Industry," discusses several investment options in the burgeoning legal marijuana space.
To view the full publication, visit: https://www.networknewswire. com/cannabis-companies-cater- increasingly-large-diverse- industry/
"As the CBD industry heats up, PotNetwork subsidiary Diamond CBD continues to see demand for its products. During its exhibit at the ASD Market Week Event in Las Vegas earlier this month, Diamond CBD generated more than $320,000 in revenues (http://nnw.fm/mv9aQ). While the event was a financial win for the company, it also provided considerable brand exposure to an attending audience of more than 40,000 buyers from 88 countries.
"In the first two quarters of 2017, PotNetwork reported $5.0 million in sales for its Diamond CBD products, $3.2 million of which were generated in the second quarter alone, representing an increase of 1,495 percent over prior-year second-quarter revenues. This achievement puts the company on track to exceed its fiscal year 2017 forecasts (http://nnw.fm/KxqP2).
"In June, SeeThruEquity initiated coverage of PotNetwork with a price target of $0.25. Among other highlights, the analyst noted strength in Diamond CBD's sales momentum and an aggressive marketing campaign. PotNetwork currently trades around $0.05 to $0.06. Among other key items, the analyst report (http://nnw.fm/fc27Ks) notes PotNetwork's year-over-year Q1 2017 revenue growth of 178% and forecasts an increase of 712% in revenues to $8.3 million based on new product launches, strong marketing, and extended international market reach."
About PotNetwork Holding, Inc
PotNetwork Holding, Inc. (OTC: 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.
For more information, visit www.potnetworkholding.com.
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