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Texans May be Able to Buy Cannabis Oil by January 2018!
https://weedistry.com/2017/08/10/after-2015-legalization-texans-may-be-able-to-buy-medical-cannabis-oil-by-january/
In 2015, Gov. Greg Abbott signed the first bill allowing any growing or sale of marijuana in Texas. The Texas Compassionate Use Act legalized the selling of a specific kind of cannabis oil derived from marijuana plants for a very small group of customers: epilepsy patients whose symptoms have not responded to federally approved medication.
Two years later, Texans still can’t legally buy cannabis oil, but a handful of companies believe they are weeks away from receiving the official go-ahead to become the state’s first sellers.
But even if those approvals go through, it’ll still be some time before any Texans will be able to buy what they’re selling.
The three eligible dispensaries — Surterra Texas, Cansortium Texas and Compassionate Cultivation — are waiting on the final stamp of approval from the Texas Department of Public Safety to begin growing and distributing marijuana. The agency has until Sept. 1 to do so under the 2015 law.
That could put cannabis oil on the market by January, two and a half years after Abbott signed a law legalizing it, according to some potential sellers.
“Let’s say that we get our final license on Sept. 1. Only after that point will we be able to start growing marijuana,” said Morris Denton, the CEO for Compassionate Cultivation, which is planning a dispensary in the Austin area. “Once we start growing, it’s going to take about four months before we’re ready to dispense medicine because of the extraction and testing process the plant has to go through after it’s been harvested.”
Dispensaries like Compassionate Cultivation will only be able to sell to a small percentage of Texans under the narrow 2015 law, which allows for the sale of oils with low levels of tetrahydrocannabinol (THC), the psychoactive element in marijuana, and high levels of cannabidiol (CBD), a non-euphoric component known to treat epilepsy and other chronic medical conditions.
Supporters have praised the Texas law as a historic shift in the state’s policy related to marijuana. But some critics have argued that the THC and CBD levels Texas has legalized are still too low to help many epilepsy patients and provides no help for others who could be helped by medical marijuana in other forms.
“Texas took a very narrow, specific approach focused on epilepsy patients only — which is indicative of the state,” said Adam Sharon, the communications director for Cansortium Texas, which is planning a dispensary in Fayette County between Houston and Austin. (The third dispensary, Surterra Texas, did not respond to a request for comment.)
Twenty-nine states, the District of Columbia, Guam and Puerto Rico now allow for comprehensive public medical marijuana and cannabis programs, according to the National Council of State Legislatures. Texas is one of 17 states to pass a law allowing for the use of “low THC, high CBD” products for medical reasons in limited situations.
“We were very disappointed in how unreasonably restrictive the Compassionate Use Act was written,” said Heather Fazio, a spokesperson for Texans for Responsible Marijuana Policy. “We’re grateful it was intended for some people to have access to some type of cannabis, but science shows [medical marijuana] can help countless Texans suffering from PTSD, multiple sclerosis and severe pain.”
Texas began accepting applications for dispensing organizations in March 2017. Two months later, DPS announced it had selected three applicants out of the 43 that applied to receive preliminary licenses as dispensing organizations.
Denton said his business is waiting to complete a “fairly substantial inspection report” from the DPS before his dispensary will get the approval needed to begin growing and cultivating marijuana. The report is an 18-page document requiring each dispensary to verify the facility’s lease and permits from local fire marshals, among other things, he said.
“The inspections will confirm the applicant’s’ compliance with the safety, security, cultivation and processing requirements,” a spokesperson for the DPS wrote in an emailed statement to the Tribune.
The House sponsor of the Compassionate Use Act, state Rep. Stephanie Klick, R-Fort Worth, said in an interview in the Capitol Wednesday that she expected the first dispensaries would be “up and running” by Sept. 1 and that she’s visited with “a few of the vendors.” When asked why the dispensaries have not received final approval from the state, Klick said she hadn’t heard about that.
Advocates, however, said they believe the state’s slow pace for the past two years reflects a larger issue.
“These folks [at DPS] haven’t known anything other than putting people in jail for cannabis, and now, all of sudden, they have to learn about this plant, establish best practices and execute the rollout,” Fazio said. “That’s a lot to do in a little more than two years.”
Emmanuel Garza moved his family last year from Sullivan City, Texas near the border to Colorado, where recreational marijuana is legal, in order to be able to purchase CBD oil and other medical products derived from marijuana to treat his daughter’s seizures. He said he pays nearly $200 for a 100-milliliter bottle of CBD oil, which he said lasts almost a year since she takes such a small dosage.
Denton said there remain too many variables to know how much his Texas dispensary will charge eligible patients for cannabis oil.
“You may have one doctor that prescribes a certain dosing and then another that prescribes a different dosing,” Denton said. “[The price] will pivot off of what a price per gram of the CBD oil will be and then how that gets delivered through different products.”
And this time it's not me JB.
Not sure if anyone knew or has seen this.....
SEC Adopts T+2 Settlement Cycle for Securities Transactions
https://www.sec.gov/news/press-release/2017-68-0
FOR IMMEDIATE RELEASE
2017-68
Washington D.C., March 22, 2017—
The Securities and Exchange Commission today adopted an amendment to shorten by one business day the standard settlement cycle for most broker-dealer securities transactions. Currently, the standard settlement cycle for these transactions is three business days, known as T+3. The amended rule shortens the settlement cycle to two business days, T+2.
The amended rule is designed to enhance efficiency, reduce risk, and ensure a coordinated and expeditious transition by market participants to a shortened standard settlement cycle.
“As technology improves, new products emerge, and trading volumes grow, it is increasingly obvious that the outdated T+3 settlement cycle is no longer serving the best interests of the American people,” said SEC Acting Chairman Michael Piwowar. “The SEC remains committed to ensuring that U.S. securities regulation is reflective of modern times, and in shortening the settlement cycle by one day we aim to increase efficiency and reduce risk for market participants.”
Broker-dealers will be required to comply with the amended rule beginning on Sept. 5, 2017.
To assist broker-dealers, other securities professionals and the investing public in their preparation for the implementation of a T+2 settlement cycle, the Commission has established an e-mail address – T2settlement@sec.gov – for the submission of inquiries to SEC staff.
* * *
FACT SHEET
Shortening the Trade Settlement Cycle
SEC Open Meeting
March 22, 2017
The amended Rule 15c6-1(a) would prohibit a broker-dealer from effecting or entering into a contract for the purchase or sale of a security that provides for payment of funds and delivery of securities later than T+2, unless otherwise expressly agreed to by the parties at the time of the transaction. As stated in the rule, the T+2 requirement would not apply to certain categories of securities, such as exempted securities.
•Generally, this change would mean that when an investor buys a security, the brokerage firm must receive payment from the investor no later than two business days after the trade is executed. When an investor sells a security, the investor must deliver to the brokerage firm the investor’s security no later than two business days after the sale. For example, if an investor sells shares of a particular stock on Monday, the transaction would settle on Wednesday.
•The amended rule would apply the T+2 settlement cycle to the same securities transactions currently covered by the T+3 settlement cycle. These include transactions for stocks, bonds, municipal securities, exchange-traded funds, certain mutual funds, and limited partnerships that trade on an exchange.
•The compliance date for the amendment to Rule 15c6-1(a) is Sept. 5, 2017, which is consistent with the target implementation date set by the Industry Steering Committee.
They have one the best product lines in the pot market (I use them so I know)... Avg of over 1 mill a month for a pink compared to other OTC companies? I'd say that's pretty EFFING good.
Stop trying your petty scare tactics. Won't work here but, thanks for playing.
Funny how the ask bounced off .05 @ 685K to .0513 @ 13K and now up to .0526 @15K... Trying to close the spread.
Way to go JB!!!! Keep em coming!!!
AMEN brother!!!
I'm long too and waiting it out but, I'm also frustrated like everyone else.
LOL JB.... That's hilarious. Sadly though, I know you're right.
POTN was also mentioned by MarketNewsUpdates.com
http://www.prnewswire.com/news-releases/legal-cannabis-and-cbd-based-products-continue-to-show-robust-growth-639187783.html
Legal Cannabis and CBD Based Products Continue to Show Robust Growth
MarketNewsUpdates.com News Commentary
News provided by
MarketNewsUpdates.com ?
08:30 ET
PALM BEACH, Florida, August 8, 2017 /PRNewswire/ --
The legal marijuana market is currently being dominated by public companies with solid financial resources as top players look to sustain long-term growth in the industry on some level. As a growing part of the U.S. moves towards some level of cannabis legalization, the development of CBD-based products alone is gaining momentum as consumer demand skyrockets. Active companies in the market this week include: PotNetwork Holding Inc. (OTC: POTN), 22nd Century Group Inc. (NYSE: XXII), Amfil Technologies Inc. (OTC: AMFE), Grow Condos Inc. (OTC: GRWC) and Cannabis Science Inc. (OTC: CBIS)
PotNetwork Holding Inc. (OTC: POTN) News: With Sales Exceeding $320,000.00 at the Las Vegas ASD Market Week Event, PotNetwork Subsidiary Diamond CBD Continues Strong Record Breaking Trend and Growth - POTN is pleased to announce today that the Company's subsidiary, Diamond CBD, exhibited last week at the popular ASD Market Week Event in Las Vegas, NV, yielding over $320,000.00 in revenues over the multi-day notable event, well-known to showcase a comprehensive collection of the world's widest variety of popular retail merchandise in one resourceful shopping experience. Drawing a global crowd to the U.S., ASD is popular for bringing over 30,000 on-trend, high margin goods at the lowest wholesale prices in the U.S. Read this and more news for POTN at http://www.marketnewsupdates.com/news/potn.html
justinbailey, I've been running a strategy that has worked as well. I thought I would ask permission first to see if I could contact you as well. I thought we could maybe exchange ideas and hopefully benefit mutually from the strategies.
Sorry guys, forgive me. Multitasking while at work.
I just realized my spreadsheet had 2017 Q2 added twice. So, subtract $3,219,277 from 2017 year end results to get a more accurate prediction of $15,894,394.
Completely agree on year end figures. That's about what I came up with on a conservative 40% increase Q over Q..... Took me longer to format the code to make it look pretty than it did to do the dayum calculations. lol
Quarterly results Q diff
2017 - 1 $1,858,347.00 Q1 %age 73.23336277
2017 - 2 $3,219,277.00 $1,360,930.00
****************************************************************
2017 - 2 $3,219,277.00 $1,287,710.80 Calculated at modest 40% increase
2017 - 3 $4,506,987.80 $1,802,795.12 @ 40% increase
2017 - 4 $6,309,782.92 $2,523,913.17 2017 Year End Results
2018 - 1 $8,833,696.09 $3,533,478.44 $19,113,671.72
2018 - 2 $12,367,174.52 $4,946,869.81
2018 - 3 $17,314,044.33 $6,925,617.73 2018 Year End Results
2018 - 4 $24,239,662.07 $9,695,864.83 $62,754,577.01
PotNetwork Strategizes to Deliver Results on Strengthened Momentum, with over $5 Million in Diamond CBD Sales for the First Two Quarters of 2017
Results Surpass Projections, Accelerating Growth Ahead of Forecast and Gaining the Attention of Notable Analysts and Earning its Place Among Industry Movers Mentioned in Forbes and Other Distinguished Resources
August 03, 2017 08:00 AM Eastern Daylight Time
FT. LAUDERDALE, Fla.--(BUSINESS WIRE)--PotNetwork Holding, Inc. (OTC Pink: POTN) is pleased to announce today that its wholly owned subsidiary, Diamond CBD, Inc., reported quarterly sales of $3,219,277 surpassing its first quarter’s revenues of $1,858,347, by a considerable 73%, also representing an increase of 1,495% over 2016’s second quarter’s revenues of $201,885.
With Management’s determined resolve to solidify the Company’s incumbent position in the industry, market leading tradeshow and event participation have become foundational to the Company’s development strategy. Upon each event, Diamond CBD has grown before a revolving audience of brand-new prospects, adding substantially to the existing consumer base generating a sizable boost event after event.
With the extent of publicity that Diamond CBD has been getting on a public level, along with the rate of consumer satisfaction and popularity, notable and distinguished sources have begun to take note, with PotNetwork being reviewed unsolicited, alongside other industry leaders by the likes of Forbes magazine online.
“We are focused on building a robust impact very early in the industry. In the cannabis market, timing is so important. As the political landscape continues to evolve, and Cannabis continues to deliver positive results, the room for growth is substantial. The firmer foundation we can establish right now, the more exponential the long-term results are expected to be. Our long-term vision is expansive,” stated Maria Gomez, Regional Vice President of Sales of Diamond CBD, Inc.
The trend of record breaking quarters continues with strong momentum. Diamond CBD has reported that the past six months of trade show, expo, and convention attendance, demonstrating Management’s determined commitment to achieve strong results, had yielded product demand requiring significant expansion of its manufacturing operations, which the Company is managing successfully.
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, 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.
Contacts
PotNetwork Holding, Inc.
Investor Relations:
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com
http://www.businesswire.com/news/home/20170803005491/en/PotNetwork-Strategizes-Deliver-Results-Strengthened-Momentum-5
Been in since .028 but, I have 315,000 now with .0604 AVG
AMEN brother. I used to be one of them who thought that way about 15 years ago. Quickly found out I was only going to be a hundred-aire and even a couple thousand-aire. LOL
BUT... the potential to make 10 grand is there too. I've done it with this one already. Reaching a high of 20 grand at one point.
Do that FIVE to TEN TIMES and guess what... Millionaire baby.
Which for me, translates into more women and beer. LOL
Just kidding... I don't drink beer. HA
I understand your frustration and feel the same way. I just know when company sales reach 1+ mil a month, eventually, something GOOD is going to happen.
That and I'm sitting on 315k shares. Knowing my luck, I sell and get out due to frustration and, all of a sudden it pops 25 cents.
I refuse to allow my luck make me miss this life changing moment. Even if it takes a year.
Not to mention... Bruce said they are trying to get uplisted and have a plan to make that happen.
We shall see.
Yes sir they are GI.....
Here was my post from a couple weeks ago with photos of one of my orders.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132949667
You said it.... the key word is manipulation. Does not mean POTN is a scam. They are a legit company.
Please explain how POTN is a scam.
All the more reason to reach out to Bruce Barren about taking this company off OTC.
Sadly enough, I'm afraid you're right on the MMs playing the stupid games. I just don't understand what the end result would be for them playing those games. More money would be made by letting this thing fly.
Going to take a Chill gummy now. I'll be good in 30 minutes.
How could it go into the 4s with practically 5 mil in sales already?
I'm reaching the point of emailing Bruce Barren about this stock not being higher. Not sure if it would do any good but, it would at least show them a voice of concern over their company.
Consumer Demand and Wave of Innovation in CBD Cannabis Market Exploding
http://www.prnewswire.com/news-releases/consumer-demand-and-wave-of-innovation-in-cbd-cannabis-market-exploding-636494773.html
MarketNewsUpdates.com News Commentary
News provided by
MarketNewsUpdates.com ?
08:45 ET
PALM BEACH, Florida, July 25, 2017 /PRNewswire/ --
Multiple companies within the cannabis space are reporting record high revenues as the industry continues to rapidly evolve and CBD-based products are in hot demand with consumers. The Dept. of Justice's view of cannabis and legal marijuana operations appears to have had little effect on expanding growth in the market. New niches, products and areas of specialization continue to pop up for use in beverages, foods, recreational and medicinal uses for companies such as: PotNetwork Holding Inc. (OTC: POTN), Marijuana Company of America (OTC: MCOA), Amfil Technologies Inc. (OTC: AMFE), Terra Tech Corp. (OTC: TRTC) and Medical Marijuana Inc. (OTC: MJNA)
PotNetwork Holding, Inc. (OTC: POTN) News: Potnetwork Holding's wholly-owned subsidiary 'Diamond CBD Takes in Over $300,000 in Sales at CHAMPS Summer Show' at the Las Vegas Convention Center - POTN announced today that wholly-owned subsidiary, Diamond CBD, was recently showcased at the CHAMPS Trade Show held at the Las Vegas Convention Center last week, generated record-breaking results with orders reaching $300,000 over the 3-days featured at the event.
The Champs Events have been regularly advantageous for Diamond CBD. The first two shows of the year, where the Company's premium CBD hemp oils, edibles, and other specialty products were featured, yielding the Company valuable publicity and record sales. The Summer Vegas Trade Shows are historically the second largest and second most attended CHAMPS shows of the year. Read this and more news for POTN at: http://www.marketnewsupdates.com/news/potn.html
With the extent of publicity that Diamond CBD has been getting on a public level, along with the rate of consumer satisfaction and popularity, notable and distinguished sources have begun to take note, with PotNetwork being reviewed unsolicited, alongside other industry leaders by the likes of Forbes magazine online. The trend of record breaking quarters continues with strong momentum. Diamond CBD has reported that the past six months of trade show, expo and convention attendance, demonstrating Management's determined commitment to achieve strong results, had yielded product demand requiring significant expansion of its manufacturing operations, which the Company is managing successfully. The Company plans to keep shareholders updated as events unfold with its new product lines, and other projects currently underway.
In other industry market performances and developments of note:
Marijuana Company of America (OTC: MCOA) closed up over 4% on Monday with over 11.4 million shares traded by the market close. Marijuana Company of America, Inc., a cannabis and hemp company, announced last week that it has contributed the first installment of capital to Bougainville Ventures, Inc. ("BV") in partial satisfaction of the joint venture agreement entered into earlier this year in Washington State. MCOA received $375,000 in its first round of financing. This investment will contribute to funding the development of a state-of-the-art 30,000 sq. ft. greenhouse grow facility in Oroville, Washington. Once completed, the greenhouse facility will accommodate a cannabis production and processing tenant with a Tier 3, I-502 license with significant experience growing cannabis. The total principal amount of the convertible note that MCOA executed with its financing partner is $752,500, with a 16 month term and 10% annual interest rate. Additional rounds of financing will be received as part of this note, which MCOA intends to invest in BV in satisfaction of the terms of its JV agreement.
Amfil Technologies Inc. (OTC: AMFE) started out the week closing up over 6% on Monday with more than 3.9 million shares traded by the market close. The company also announced last week that its sales team has received a purchase order commitment to outfit a portion of an up and coming Canadian cannabis cultivator with 5 EcoPrO3 GRO3 Antimicrobial Systems as well as 100 Roto-Gro Hydroponic Systems. The EcoPrO3 GRO3 and Roto-Gro systems will be integrated into a designated area of this new facility, intended for producing organic cannabis products. The new facility is in development and is located in Ontario, Canada. The proposed setup for the Roto-Gro + EcoPrO3 GRO3 technology will have each EcoPrO3 GRO3 system servicing 20 Roto-Gro hydroponic systems. There will be a total of 5 'sets' of 20 Roto-Gro hydroponic units with a dedicated EcoPrO3 GRO3 system servicing each group.
Terra Tech Corp. (OTCQX: TRTC) closed down yesterday trading over 12.1 million shares by the market close. The Company recently announced it is ramping up its marketing campaign for its subsidiary, Edible Garden®, a provider of fresh, locally grown herbs and leafy greens nationwide. As part of the Company's new marketing campaign, Edible Garden has secured a feature slot for its nutritionally-enhanced SUPERLEAF™ salad on the television show 'Plant Based by Nafsika', on A&E's FYI Channel at 7:30 am ET on July 26, 2017. In addition to being featured in the episode, Edible Garden will also air commercials during the program's advertisement breaks. The exposure to Plant Based by Nafsika's audience is expected to increase brand recognition among Edible Garden's core target customer base in the healthy living sector. Read more here: https://finance.yahoo.com/news/terra-tech-corp-subsidiary-edible-123000230.html.
Medical Marijuana Inc. (OTC: MJNA) also closed down on Monday trading over 9.7 million shares by the market close. MJNA recently announced that it and its subsidiary HempMeds® Brasil garnered extensive media coverage across Brazil about the Company's growth and the booming cannabis market across U.S. and Latin America. A July 16, 2017 article from Rio de Janeiro-based Brazilian newspaper O Globo 'Negócios que dão a maior onda', or 'In the cannabis market, these businesses will get you high', which was picked up by several other major news outlets across the Country, discussed the explosive growth projected for the cannabis market in the U.S. and Latin America and recent advances in legislation. The article also featured a global AFP photo of Medical Marijuana, Inc.'s products taken at the 4th Annual Cannabis World Congress and Business Expo in New York City in June 2017.
DISCLAIMER: MarketNewsUpdates.com (MNU) is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. MNU is NOT affiliated in any manner with any company mentioned herein. MNU and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. MNU's market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. MNU is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed MNU has been compensated seven thousand five hundred dollars for news coverage of the current press release issued by PotNetwork Holding Inc. by a non-affiliated third party. MNU HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.
This release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. "Forward-looking statements" describe future expectations, plans, results, or strategies and are generally preceded by words such as "may", "future", "plan" or "planned", "will" or "should", "expected," "anticipates", "draft", "eventually" or "projected". You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company's annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and MNU undertakes no obligation to update such statements.
Contact Information:
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email: info@marketnewsupdates.com
+1-561-325-8757
SOURCE MarketNewsUpdates.com
PotNetwork Holding, Inc. Wholly Owned Subsidiary Diamond CBD Takes in over $300,000 in Sales at CHAMPS Summer Show at the Las Vegas Convention Center
http://www.businesswire.com/news/home/20170725005549/en/PotNetwork-Holding-Wholly-Owned-Subsidiary-Diamond-CBD
Diamond CBD Chill Gummies and Premium CBD Oils Get Hot Reception and Hit Record-Breaking Results
July 25, 2017 08:00 AM Eastern Daylight Time
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--PotNetwork Holding, Inc. (OTC Pink: POTN) is pleased to announce today that wholly owned subsidiary Diamond CBD was recently showcased at the CHAMPS Trade Show held at the Las Vegas Convention Center last week, and generated record-breaking results with orders reaching $300,000 over the 3 days featured at the event.
The CHAMPS Events have been regularly advantageous for Diamond CBD. The first two shows of the year, where the Company’s premium CBD hemp oils, edibles, and other specialty products were featured, yielded the Company valuable publicity, and record sales. The Summer Vegas Trade Shows are historically the second largest and second most attended CHAMPS shows of the year.
With the extent of publicity that Diamond CBD has been getting on a public level, along with the rate of consumer satisfaction and popularity, notable and distinguished sources have begun to take note, with PotNetwork being reviewed unsolicited, alongside other industry leaders by the likes of Forbes magazine online.
The trend of record-breaking quarters continues with strong momentum. Diamond CBD has reported that the past six months of trade show, expo, and convention attendance, demonstrating Management’s determined commitment to achieve strong results, yielded product demand requiring significant expansion of its manufacturing operations, which the Company is managing successfully. The Company plans to keep shareholders updated as events unfold with its new product lines, and other projects currently underway.
About the CHAMPS Trade Shows: Drawing exhibitors, entrepreneurs, and enthusiasts from across the country, this massive event is designed to enable vendors to unveil and market the industry’s newest cutting-edge products to distributors, wholesalers and retailers. The CHAMPS Trade Shows have been a staple in the counterculture industry for eighteen years, continually experiencing growth as the market continues to evolve. Since 1999, CHAMPS has hosted premier exhibitors in the industry and draws industry leaders, retailers and consumers in the thousands from all over the globe.
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, 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 subsidiary, 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.
Contacts
PotNetwork Holding, Inc.
Investor Relations:
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com
Speaking of positive posts... Funny yet true story.
I finally heard back from one friend on the 2 packs of gummies I gave him. He thanked me yesterday for the gummies and REALLY wants more.
He said he had been taking some form of sleep aid for the last three years and tried HALF of a CHILL worm. He said it knocked his ass clean out and he's never slept so hard since he could remember.
He also said he even had dreams that night he could actually recall.
Now here's the funny part.... He told me he gave the other half to his girlfriend so she could try it out.
Now, I've known her for a good while and know, she drinks a lot to calm her ADHD mind and body down. Otherwise she is just a chatterbox ball of energy. Hence why I gave them TWO packs.
My friend told me she woke up the next morning and didn't even know where she was because she slept so good. Not to mention she was dead to the world by the time he finished brushing his teeth and got ready for bed.
I gave him two more. LOL
Time to restock because, I now have 4 other people from Arkansas who wants some when I come visit in a month.
Does this make me a dealer???? LOL
Me too. And a big congrats on your .00 entries. Everyone here is in a GREAT position on this one!! GLTY sir.
Thank you. I'm really looking forward to it. Want to outright buy a new house and a Challenger Hellcat.
Absolutely. And just so you know, I ate one gummie bear last night before I went to bed and had dreams again. One thing I've noticed is, when I don't have one before bed, I don't dream. Plus, I slept like a baby. Woke up with no foggy head this morning either.
Now, the first time I ate one before bed, I had some pretty elucid dreams. Cool dreams but elucid. And I did wake up foggy that time but, I personally think it was just my body getting used to having it the first time.
Now I just wake up feeling really good and ready to take on the day.
I saw that too... at 0737...
I REALLY hope you're not meaning a REVERSE split. I'd be royally pissed if that were to happen.
Why thank you. This is not one I am playing around with. I am definitely long and strong on this one.
I'm even telling all of my friends about it for investing and product 'research' purposes.
As a matter of fact, I have 9 bags left after originally ordering 9 bags - 4 Relax and 5 Chill. However, I ended up with 12 total bags since they were out of one of the CHILL gummies I wanted. When I opend the box, they added 3 extra Chill gummies with a hand written note saying 'sorry' and a hand drawn sad face.
AWESOME customer service in my opinion.
Oh... And I got the order a full day earlier than expected. Overall, VERY impressed with this company.
And I'm still waiting on my friends to get back with me on their experiences with the gummies.
Awesome. Good for you. That's a good chunk to add to your portfolio. I see this being in the .30 to .50 range (if not more) Q1 or Q2 next year.
Thank you. Sitting at 315k now after selling some for profit a couple weeks ago. Now buying back in to gain back what I used up. Would like to work my way to 400k before this hits the .25 target price.
I saw a pick up of 55,800 at that price in one shot. Was that you?
Picked up 15k at .071. Woooooohooooo.
Yep... That's what the link in my post is about with the whole news article.
Another state decriminalizes pot!
NH governor signs marijuana decriminalization bill.
http://thehill.com/homenews/state-watch/342692-nh-governor-signs-marijuana-decriminalization-bill
Well then, they need to tell two friends. And they need to tell two friends... and they tell two friends... and so on... and so on... and so on... LOL
I saw two orders yesterday for 1 mill each. One of them was literally right at the end of the day.
Took the words right outta my mouth!!
Interestingly enough, the link I posted is for Wallstreet online in Germany. My take on this is, POTN is now a global company being recognized in Germany.
Would that be a valid understanding or am I wishing too big?