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PotNetwork Holding, Inc. Announces Distribution Partnership for Easy Grinder™

PotNetwork Holding, Inc. (OTC Pink: POTN) announced today that it has entered into a distribution partnership with Total Vapor, Inc., a subsidiary of Vapor Group, Inc. (OTC Pink: VPOR) to distribute Vapor’s revolutionary, electronic herbal grinder, Easy Grinder™, designed to meet the needs of the Medical Marijuana marketplace. The Company will sell Easy Grinder™ directly to consumers via the website of its subsidiary, Diamond CBD, Inc., as well as distribute it via its extensive reseller network.

Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc., stated, “We are constantly on the look out for new, superior, cutting-edge products to add to our consumer offerings and distribution to our resellers. Easy Grinder™ is such a product as it is unmatched in performance and consumer features.” She added, “We are excited to add Easy Grinder™ to our product line as we continue to expand our offerings into new areas to better serve the wants and needs of our many customers.”

Dr. Richard Goulding, CEO of PotNetwork Holding, Inc., explained further, “Consistency is imperative in the medical field. As most people don’t have sensitive enough scales to quantify specific dosages, Easy Grinder™ offers the consumer reproducible volume control of the product. Hemp-derived CBD oil contains no THC. And there are certain disease entities that require the THC component to be effective. Notably, PTSD, post-traumatic stress disorder, is well controlled in many instances with marijuana. The THC interferes with the triggering mechanism of an event, disrupting the associative pathway generating PTSD symptoms. It’s why active marijuana is needed and why more and more states are embracing the pure marijuana product for medicinal purposes. But in order to effectively dose the patient, the Easy Grinderwill prove imperative.” He added, “Easy Grinder™ in addition to our CBD product line is another example of how we are expanding the focus of the Company to meet the health needs of our multifaceted customer base.”

About Vapor Group, Inc.: Vapor Group is focused on the acquisition and development of commercially viable intellectual property and proprietary products. The Company’s subsidiary, Total Vapor, Inc. holds the worldwide distributor of Easy Grinder™ from its developer and manufacturer, EZ Grinder, Inc. Vapor Group also owns Simple Cork, Inc., the developer of a new, multi-nationally patented and patent pending combination wine bottle cork/opener being prepared for market entry in 2018.

PotNetwork recently announced that the Company had retained the auditing services of East West Accounting Services, LLC, a Public Company Accounting Oversight Board (PCAOB) registered CPA firm, to provide a methodical review and analysis for the audited verification of the Company’s recent monthly reported revenues.

About PotNetwork Holding, Inc.: PotNetwork Holding, Inc. (OTC Pink: POTN) is a publicly traded company that acts as a holding company for its subsidiaries including First Capital Venture Co., the owner of Diamond CBD, Inc.

About Diamond CBD, Inc.: Diamond CBD focuses on the research, development, and multi-national marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. Diamond CBD’s team consists of hemp industry pioneers and natural product experts, chemists, doctors and scientists, dedicated to producing the finest and purest cannabidiol (CBD) oils. The result is a robust selection considered among the most powerful natural CBD oils, tinctures, edibles, and vape liquids found anywhere. For more information, please visit its website at www.DiamondCBD.com.

Safe Harbor Act: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements regarding our expected future financial position, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter forward-looking statements, whether as a result of new information, future events or otherwise.

View source version on businesswire.com: https://www.businesswire.com/news/home/20171109005087/en/


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