PotNetwork Holding, Inc. (OTC: POTN), through wholly-owned subsidiary Diamond CBD, Inc., this morning announced that it generated over $2 million in sales for the month of February, greatly exceeding last year’s total of $472,000 for the same interval. This figure was bolstered by the company’s presence at the 37th CHAMPS Trade Show, which took place on February 19-21. Per the release, Diamond CBD received interest from over 250 new wholesale distributors at the conference, recording $270,000 in sales in just three days. This sustained revenue growth has caught the attention of multiple equity research firms. Harbinger Research (http://ibn.fm/zvZ73) initiated coverage on the company with a ‘Strong Speculative Buy’ recommendation and a price target of $1.25 per share. Similarly, an updated research report by SeeThruEquity (http://ibn.fm/IijA9) set a price target of $1.25 for PotNetwork shares based on its robust top line growth.
To view the full press release, visit http://ibn.fm/8fiVI
Let us hear your thoughts: PotNetwork Holding, Inc. Message Board
About PotNetwork Holding, Inc.
PotNetwork Holding, Inc. (OTC Pink: 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 the company’s website at www.PotNetworkHolding.com
Pursuant to the applicable federal law, the sale or distribution of CBD with less than 0.03% of tetrahydrocannabinol by retailers may be permissible in all states. However, the local, state and federal laws regarding these issues tend to remain in flux and should be accordingly reviewed by local counsel and, as such, legal advice is not intended, but specifically disclaimed.
QualityStocksNewsBreaks provide a rapid summary of corporate news that catch the attention of QualityStocks. QualityStocksBreaks are designed to keep investors up to date on important and breaking news in the small-cap and micro-cap markets. Spanning all industries, including energy, entertainment, telecommunications, healthcare, retail and more, these news breaks deliver opportunities the investment community may have missed. Whether it is earnings results, mergers and acquisitions, or any other market-moving news, our news breaks keep you in the know. QualityStocks is committed to connecting subscribers with companies that have huge potential to succeed in the short and long-term future. It is part of our mission statement to help the investment community discover emerging companies that offer excellent growth potential.