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POTNETWORK HLDGS I COM USD0.0001(POST REV SPLI (OTCMKTS:POTN) Making New Highs

POTNETWORK HLDGS I COM USD0.0001(POST REV SPLI (OTCMKTS:POTN) Making New Highs
Written by
Richard Sandle
Published on
June 16, 2017
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InsidrFinancial

While the general trend of the cannabis sector is on the downside, PotNetwork Holdings, Inc. I COM USD0.0001(POST REV SPLI (OTCMKTS:POTN) continues to buck that trend by maintaining its strong upward movement. When we last reviewed POTN on May 28th, the current upward movement was already underway. POTN has sustained its upward movement and the stock recently made a new intraday high for 2017 of $.0995 on June 08, 2017. The stock is trading on very strong volume.

Before we get into more detail, a little background for those of you that are not familiar with the Company, PotNetwork Holdings, Inc acts as a holding company for its subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD oils, and Sunrise Auto Mall 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, 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.The Company also owns Sunrise Auto Mall, Inc., which launched in June 2014, and enables people with bad or no credit to secure quality transportation while simultaneously rebuilding their credit. The company has developed a highly profitable business model around the continually rising subprime lending industry. PotNetwork Holdings Inc. is committed to growth by the expansion of its subsidiaries and the strategic acquisition of additional businesses.The continued upward movement of the stock price comes on the heels of the Company announcing that its wholly owned subsidiary, Diamond CBD, Inc, has delivered yet another exponential increase in revenues year over year. For the month of May 2017, it achieved record breaking revenues of over 1 million dollars, which exceeded its May 2016 results by more than 1,300% over last year’s revenues of $70,444. Regional Vice President of Sales for Diamond CBD, Inc Maria Gomez stated:

"We are on fire! We are consistently setting new sales records month after month as the sales momentum continues to build. Moreover, our ongoing aggressive marketing strategy continues to build consumer and industry awareness which is clearly evident as we go from one exciting industry event to another."

Aggressive effective marketing and positive public exposure has been a hallmark for PotNetwork Holdings. In an effort to continue to get its name out in the cannabis sphere, the company has recently attended several events. In Fort Lauderdale, Florida from June 9 through 11, 2017, the DiamondCBD’s. Management team was among industry leaders at the first annual Professional Educational Medical Marijuana Conference. This conference is a business to business gathering of entrepreneurs, patients, job seekers, advocates, scientists, doctors, others working in the field, and curious citizens who just want to know more as Florida races toward a more advanced marijuana policy. The Convention is a place where industry pioneers in the field of medical marijuana policy, and other vital sectors, can congregate for a comprehensive overview of this rapidly expanding area of economics, research and development.On June 7, 2017, PotNetwork Holdings Inc made an appearance on the long running business show on the Money Watch Network. The show was hosted by longtime broadcaster Mick Bazsuly. On June 6, 2017, Diamond CBD, exhibited at the 7th Annual LD Micro Invitational, where industry leaders were highlighted among some of the best names in the micro-cap space.On June 1, 2017, PotNetwork Holdings showcased its wholly owned subsidiary, Diamond CBD, Inc. at the SeeThruEquity’s Annual Micro Cap Investor Conference in New York City. The newly appointed Chief Consultant for Special Projects, Bruce Barren presented on behalf of the Company will be its. SeeThruEquity is a unique equity research firm which focuses on micro and small cap stocks trading in the range of $5mm to $1bn. The firm currently covers over 210 companies across a variety of sectors,With a current market capitalization of $45.19 million, on 572.09 million shares outstanding as of June 15, 2017, PotNetwork Holdings is one of the few stocks in the cannabis sector that is trading upward. At some point, the sector as a whole will make a turnaround. When it does, the few stocks that are resisting the downward market pressure will accelerate to the upside. The savvy investor is buying POTN when the stock price dips.Insider Financial has been covering this symbol since last March. So far, we’ve been right on the money with POTN. We will be updating our subscribers as soon as we know more. For the latest updates on POTN, sign up below!Disclosure: We have no position in POTN and have not been compensated for this article.

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