It was today that PotNetwork Holdings Inc (OTCMKTS:POTN) announced recorded sales revenues for April which hit a figure of almost $2 million. Around the same time the previous year, the business giant reported a figure of about $1,009,900 and that was representative of a 98% year over year increase. Diamond CBD Inc is the wholly owned subsidiary of PotNetwork Holdings, Inc and reports indicate that its expansive hemp derived CBD oil product line has lately been witnessing immense success.
Products of Diamond CBD and where they are sold
Diamond CBD, Inc.’s Biotech Creams, Diamond CBD Tinctures, Chill Gummies, Liquid Gold Vape Juice and Vape Additive happen to be some of the company’s most successful products. A person well conversant with the matter but who wanted his identity kept anonymous for reasons best known to him has made it know that the products of Diamond CBD are currently being sold in a large number of retail locations across the United States.
The PotNetwork Holdings, Inc. 2018 Investor Relations FAQ points out to New York, Georgia, Florida, California and Texas as some of the cities where Diamond CBD, Inc.’s products have been selling best lately. It is evident that Diamond CBD, Inc is the one at the top in the U.S. domestic hemp-based CBD oil market and it hopes to do much more to ensure that it clings on the position over a long period of time.
Focusing into the future
Diamond CBD, Inc through its spokesperson stated that it won’t stop in its efforts to diversify its wide range of products to the new and underdeveloped verticals such as the fitness centers, health food channels, wellness centers and the pet supply industry.
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The U.S. and international legislators have shifted their focus regarding hemp and cannabis and it is this renewed focus that will help promote the products and make them fetch higher revenues.
PotNetwork Holdings, Inc isn’t leaving anything to chance and that is why it is currently moving with speed to ensure that it guards itself against industry dominance. It is considering expanding into Canada, the U.S and also Europe.Through the mobilization of the corporate fleet of inventory stocked vans in the largest U.S. metro markets it is able to make more direct sales.