marijuana stock news

PotNetwork Holding, Inc. Launches Storewide Discount on Diamond CBD Products to Support Recovery Efforts by Contributing 10% of Revenues over the Next 3 Days to Community Restoration Projects

PotNetwork Holding, Inc. (OTC Pink: POTN)(the “Company”) is pleased to announce that the Company remains resolute, strong and open for business. Following what meteorologists considered the largest hurricane to hit Florida, Diamond CBD, fortunate to have averted any storm damage, has committed to strengthen community rebuilding efforts by generously donating 10% of all net proceeds originated from DiamondCBD.com, over the 3 day duration of its 50% off storewide Hurricane Irma Relief promotion.

In a recent update issued by The Miami Herald regarding the return of a “pre-hurricane” state, or basic normalcy, in the region, it was reported that although the worst of Hurricane Irma has passed South Florida, many residents are still anxiously awaiting the return of basic services, such as electricity, internet and ice. While most service providers claim it is impossible to offer promises on restoration, many are trying to provide customers with a time frame on when they can expect a return to normalcy.

As of September 16, according to The Miami Herald, more than 243,000 residents in Miami-Dade County, which is equivalent to 22% of Florida Power and Light’s customers in the area, still did not have power as of 10 a.m. on Friday, September 15. In Broward County, home of Diamond CBD, approximately 155,000, or 17% of FPL’s customers in the county also had yet to have power restored.

Electricity and internet service at Diamond CBD’s corporate headquarters has been restored and the business is back up and running smoothly with a vision of hope and help. “Our hearts go out to our community. You never expect to be blindsided by a natural disaster. We have committed to help our neighbors pick up the pieces by contributing 10% of net revenues generated over the next 3 days, as business resumes, and orders are placed for our 50% off hurricane relief promotion,” stated Gary Blum, Chief Executive Officer, PotNetwork Holding Inc.

To take advantage of the discount and contribute simultaneously to Hurricane Irma relief efforts, visit online at DiamondCBD.com, make your selections, proceed to checkout, and enter IRMA in the promo code selection box. Such promotional efforts plan to be continued throughout various times of the year for other philanthropic causes and organizations as part of the company’s commitment and vision to give back to the communities in the state, throughout the country and around the world.

PotNetwork recently announced that second quarter and year-to-date operating results confirm PotNetwork Holding’s revenues remain strong with performance continuing to exceed fiscal 2017 forecasts. With reported revenues of $5,077,625.00 for the first 6 months of fiscal 2017, and a net profit of $369,237.00, the Company concluded the first half of 2017 with a positive net cash flow of $395,009.00. Based upon earlier reported financial statements with OTCMarkets, the Company continues on track to exceed its projections for 2017. As developments evolve, the Company will be prompt to convey pertinent updates.

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 and E-Liquids found anywhere. For more information, please visit its website at www.DiamondCBD.com.

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.

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/20170919005633/en/


MAPH Enterprises, LLC | (305) 414-0128 | 1501 Venera Ave, Coral Gables, FL 33146 | new@marijuanastocks.com
Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

$OXIS Announces Resumption of Trading of Common Stock on Euronext Paris

Oxis Biotech Inc. Announces Resumption of Trading of Common Stock on Euronext…

 Reliq Health Technologies Inc. (RQHTF) Provides Corporate Update

Reliq Health Technologies, Inc. Provides Corporate Update  Reliq Health Technologies Inc. (TSXV:RHT…

$AGTK Featured By CannaInvestor Magazine As One to Watch

Agritek Holdings, Inc. Featured By CannaInvestor Magazine As One to Watch Agritek…