|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||0.0371 - 0.0400|
|52 Week Range||0.0371 - 0.3380|
|Beta (3Y Monthly)||6.48|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 14, 2019 - Feb 15, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||0.25|
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the Company”) released today an open “Letter to Shareholders” from its President and Chief Executive Officer, Kevin Hagen, providing an update on results and events year-to-date. Following my last letter detailing the various successes of the Company, I am writing to provide you with a further update on 2019.
As a result of its sales success at the March 2019 ASD Market Week Trade Show held in New Orleans, at which it booked over $300,000 in product sales, Diamond CBD, a wholly-owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the Company”), again showcased its expanded product line at ASD Market Week held at the Las Vegas Convention Center at the end of July. As consumers around the world increasingly look to CBD products to help them live their best lives, market experts Brightfield Group are projecting sales of hemp-derived CBD products to reach nearly $24 billion in U.S. alone by 2023.
CBD Company sponsors charismatic champ in sixth round KO against Robert Redmon Jr. Friday night
PotNetwork Holding, Inc. (OTC Pink:POTN) (“the Company”), through its wholly-owned subsidiary Diamond CBD (“Diamond”), successfully launched several new lines of CBD oil products for the consumer and wholesale markets, including Full Spectrum CBD MCT Oils, CBD Oil with Hemp Seed Oil, CBD Oil Honey Tinctures, and CBD Oil with Olive Oil. The new products are being launched at a time when consumer interest and preference for CBD products continues to peak. Moreover, Gallup reports in a new consumer poll that four-in-ten people believe cannabidiol (CBD) oils should be available over-the-counter.
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD, Inc. (“Diamond”) aided famed celebrity boxer Thomas “The Duke” Markle in his training regimen for his first-ever celebrity bout on Saturday, providing the newly-crowned champion with several of their CBD oils, gummies, and creams that he claims helped him reach peak performance. Markle, brother to the Duchess of Sussex Meghan Markle, added the products to his routine in preparation for the fight, telling the ringside announcer afterward that Diamond CBD helped take his training to the next level.
PotNetwork Holdings, Inc. (OTC Pink:POTN) (the “Company”) is pleased to announce that the Company’s online store generated over $1.1 million in exclusive web-based sales in May 2019. Compared with May 2018, in which online sales totaled $569,671, May 2019’s record online revenues represent a year-over-year increase of over 90%. Diamond CBD’s online sales reflect a continual impressive growth of the readership of its website.
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD, Inc. (“Diamond”), showcased its latest CBD products to the over 20,000 cannabis industry insiders and hopefuls in attendance at the 6th annual Cannabis World Congress and Exposition (CWCBExpo) in New York City, held at the Jacob K. Javits Center from May 29 through June 1. With an estimated 176 companies on display at one of the East Coast’s largest cannabis industry gatherings, attendees flocked to the Diamond CBD booth to catch a glimpse of the new lineup of CBD oils, edibles, and creams from the Company’s 2019 catalog.
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the company”) released today an open “Letter to Shareholders” from its President and Chief Executive Officer, Kevin Hagen, providing an update on the recent Form-10 SEC filing and the company’s achievements to date. In particular, I am pleased to highlight our recent filing of a Form 10 registration statement with the U.S. Securities and Exchange Commission (SEC) meant to register our common stock under the Securities Exchange Act of 1934. This filing included our PCAOB compliant audited financial statements for the years ended December 31, 2018, and December 2017.
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD, Inc. continued to target what experts now predict to be a $20 billion CBD industry at the CHAMPS Trade Show in Atlantic City from May 21 through May 23, displaying some of their latest offerings in the CBD edibles, oils, and creams categories. The Company took advantage of an industry that is on the rise, making deals with retailers from across the country to place their products in the hands of consumers that are clamoring for more natural and organic products that meet their everyday needs.
Vapor Group, Inc. (OTC Pink: VPOR) (“the Company”) secured yet another order for its bulk CBD isolate, this time in a deal that brought the Company well over $80,000. To-date the Company has now earned nearly $600,000 in total revenues, due all in part to its reinvestment in the CBD industry, and it has now brought in over $500,000 in the first three months of 2019 alone. As noted in the Company’s first-quarter revenue reporting, several high-profile deals for bulk CBD isolate have been made with well-known businesses such as White Label Liquid, Inc. and GenCanna Global, Inc. Earlier in May, VPOR secured its largest purchase order to-date, a $210,000 deal with industry leader Diamond CBD, Inc., a wholly-owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink: POTN).
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary PotNetwork Media Group is at the forefront of a new revival of print journalism, according to a recent article published on SmallCap Network. PotNetwork Magazine has “[established] itself as a vital part of a new sector of the media industry,” according to SmallCap Network. Launched earlier this year, PotNetwork Magazine mixes a B2B approach to the cannabis industry with hard-hitting journalism and investigative pieces meant to give readers a look behind the curtain.
PotNetwork Holdings, Inc. announced today that it has filed a Form 10 Registration Statement with the U.S. Securities and Exchange Commission (SEC) to register its common stock under the Securities Exchange Act of 1934. The filing includes audited financial statements for the years ended December 31, 2018 and December 2017.
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the company”) released today an open “Letter to Shareholders” from its President and Chief Executive Officer, Kevin Hagen, to provide its investors with an overview on the Company’s performance and developments in 2018 and what is anticipated for the year ahead. For us, this record growth validates the strength of our brands, our innovative strategy, and the ever-increasing consumer demand for our products. In 2019, our overall revenues are anticipated to continue to grow, driven by an expanding global market for our CBD products, our overall innovative marketing and product development, and our manufacturing and supply chain’s ability to rapidly and cost effectively respond to consumer and trade channel desires and needs for high quality products.
POTN) ("the Company"), and a leader in cutting-edge, hemp-derived CBD products continued to expand its presence in the over $130 billion wellness market as a result of its two-day attendance at the first-leg of the Europa Games Expo and Sporting Event, a nutrition, supplement, and apparel exhibition in Orlando, Florida from April 13 - 14. The Company successfully exhibited its lineup of CBD oils, CBD vapes, and CBD edibles to both athletes and attendees at the show, demonstrating the strength of its brand in a global wellness market that is predicted to grow at a CAGR of almost 10 percent through 2024.
PotNetwork Holdings, Inc. (OTC Pink: POTN) (“the company”) today released their fully audited financial statement which shows that the company has made $25 million in revenue over the course of 2018, a 78% increase compared to POTN’s performance in 2017. This growth has been driven primarily the company’s wholly-owned subsidiary, Diamond CBD, Inc. The company has cemented its position as an industry leader in the growing market for premium hemp extracts. It has seen success by leveraging an aggressive marketing campaign focused on educating consumers about CBD and demonstrating the company’s unique suite of niche CBD products.
PotNetwork News, the marijuana industry's premier outlet for financial, political, and trade news recently signed on as a media sponsor for two of 2019's top entrepreneurial and educational expos in the cannabis space. The outlet will broadcast live from this May's Cannabis World Congress and Business Expo in New York and the CBD Expo Tour when it arrives in Seattle, Denver, Orlando, and San Diego. The CWCB Expo, which also makes its way to Los Angeles and Boston this year, is a business-to-business trade show and forum for dispensary owners, growers, suppliers, investors, medical professionals, government regulators, legal counsel, and entrepreneurs who are looking to achieve business success and identify new areas of growth in the fast-growing cannabis industry.
PotNetwork Magazine, the companion magazine to the cannabis sector’s leading news and information website, PotNetwork News, has begun to fill advertising space in the pages of its second print issue, due out in May 2019. Cannabis companies and hopeful entrepreneurs still have ample time to claim a portion of the Magazine for themselves before the issue goes to print.