We’ve been coming back to POTNETWORK HLDGS I COM USD0.0001 (POST REV SPLI (OTCMKTS:POTN) quite a bit recently, mainly due to the fantastic gains the company has been making with respect to the its continual ratcheting up of revenue intake.
It’s all been a result of the company’s expansive growth plans that seem to have been followed through with considerably, particularly referring it Diamond CBD subsidiary, which focuses on the research, development, and multi-national marketing of hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives..
POTNETWORK HLDGS I COM USD0.0001 (POST REV SPLI (OTCMKTS:POTN) announced that Diamond CBD, Inc. has delivered yet another exponential increase in revenues year over year. For the month of May 2017, it achieved record breaking revenues of over 1 million dollars, which exceeded its May 2016 results by more than 1,300% over last year’s revenues of $70,444.
“We are on fire! We are consistently setting new sales records month after month as the sales momentum continues to build. Moreover, our ongoing aggressive marketing strategy continues to build consumer and industry awareness which is clearly evident as we go from one exciting industry event to another,” stated Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc.
Since the beginning of the year, Diamond CBD has pursued an aggressive multi-faceted growth plan, which has included a broad representation at various key industry trade shows and conventions, and a strong consumer and industry communications strategy that has yielded a huge spike in consumer and industry brand recognition for its specialty products.
As a result, the Company recently announced that Diamond CBD, Inc. had achieved a groundbreaking first quarter 2017 sales result of $1,858,347.48, which exceeded in one month the total sales volume of $1,663,081.78 for the entire twelve calendar months of 2016. In addition, Diamond CBD, Inc. has recently celebrated the distribution of 1 million Chill Gummy edibles, an ongoing accelerating order flow, and the distribution of its products in approximately 10,000 retail locations nationwide. (Source: PotNetworkHolding.com)
One of the most exciting things about POTN is that despite its name, which suggests an involvement with legal marijuana, the company is in CBD, a highly sought-after substance derived from hemp that is legal in all 50 states. So the company is not subject to the same legal and regulatory hurdles as those dealing with actual THC and marijuana.
That the company’s sales have exploded in the fashion they have, is a testament to the distribution channels that POTN has set up for itself, the quality of its products, and the public demand for high-test cannabidiol. All of Diamond CBD’s product is made with 100% pure, all organic, non-GMO hemp, which is another major selling point, as the kind of consumer that is looking for this sort of product is much more likely to have delicate sensibilities in terms of sourcing.
The bottom line for us is, we simply can’t allow a company that has repeatedly been smashing its own sales records to fall by the wayside. The POTN story is one of the most interesting in the CBD game at the moment, and we’ll be certain to track it closely. Stay locked to Street Register for updates, and we’ll continue to deliver important developments on POTN as they unfold. In the meantime, if you’ve yet to sign up for our 100% free newsletter, do so now! Just enter your active email address into the box below and submit!
Disclosure: No one at Street Register has been compensated in any way for the publishing of this article, nor do we hold any position in POTN stock, short or long.