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Wednesday, February 17, 2016 3:18:58 PM
PotNetwork Inc. Signs Joint Venture Agreement With Epic Group 1 to Distribute Totally Hemp Crazy's Rocky Mountain High Beverage Line
PotNetwork Inc. to Generate Revenue Stream Through the Launch of Additional Merchandizing Lines
Marketwired PotNetwork Inc.
July 27, 2015 11:17 AM
http://finance.yahoo.com/news/potnetwork-inc-signs-joint-venture-151751827.html
FORT LAUDERDALE, FL--(Marketwired - Jul 27, 2015) - PotNetwork Holdings Inc. (OTC PINK: POTN) today announced the forming of a joint venture between PotNetwork, Inc. and Epic Group 1 of Ft. Wayne, IN., distributor of Totally Hemp Crazy's (OTC PINK: THCZ) Rocky Mountain High Beverage Line. Upon exploration of the Companies' complementary strengths, a strategic partnership was developed which is expected to bolster both Companies, through their cross-promotion strategy.
The mutually favorable agreement enables PotNetwork Inc. to distribute Totally Hemp Crazy's Rocky Mountain High products, bringing to the table a brand new revenue stream, as well as providing corporate awareness from a new targeted audience.
These objectives are also expected to be beneficial on a shareholder level. By cooperatively marketing products and services, shareholders will gain the opportunity to capitalize on an investment at its inception, where the upside potential is typically the most lucrative. "We believe this will have a very exciting impact on PotNetwork Inc. Rocky Mountain High has a top quality product line, and we are delighted to be able to expand our reach with their signature products, while simultaneously building a retail revenue stream," stated Richard Volpe, Chief Executive officer, PotNetwork Inc.
He concluded: "We are in negotiations with other Companies to add more hemp and marijuana themed products to our growing merchandizing line. While we are first and foremost a provider of breaking industry news and entertaining videos, this is just the first of what we plan will be numerous ventures with vendors of great products in the Marijuana industry. Every supplement to our revenues contributes to our progress both in the way of gaining additional exposure and financial growth."
The Company recently announced that its other wholly owned subsidiary, Sunrise Auto Mall Inc., has reported its unaudited quarterly sales performance figures for the second quarter of 2015. Revenues reveal that the Company has generated record gross sales of $1,902,549.00, indicating that the Company has developed a robust and continuously thriving business model.
About Totally Hemp Crazy Inc.: Totally Hemp Crazy Inc. is a publicly traded beverage Company. The Company's corporate mission is to become the premier hemp beverage company in the world, while positioning itself to expand its market presence through joint venture, merger, and acquisition of complimentary companies. The Company seeks to discover inspired entrepreneurs with cutting edge concepts which can contribute to the Company's ability to make a substantial footprint in markets that have exponential growth potential. For more information go to: http://www.TotallyHempCrazy.com.
About PotNetwork Holdings Inc.: PotNetwork Holdings Incorporated is a publically traded Company with two wholly owned subsidiaries, PotNetwork Inc. and Sunrise Auto Mall Inc. PotNetwork Inc. is positioned to be the premier worldwide news and content provider for the Cannabis industry, and is developing into a 24/7 network. The network plans to achieve global reach by utilizing streaming video broadcasting technologies. Sunrise Auto Mall, Inc. is a first-rate pre-owned auto dealership, launched in June of 2014, as an operation geared toward enabling people challenged with bad or no credit in securing quality transportation while simultaneously rebuilding the client's credit. The company has developed a highly profitable business model around the continually rising subprime lending industry.
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 other 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 our forward-looking statements, whether as a result of new information, future events or otherwise.
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PotNetwork Holdings Inc.
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http://finance.yahoo.com/news/potnetwork-inc-signs-joint-venture-151751827.html
Potnetwork Holdings Inc. (POTN)
http://investorshub.advfn.com/Potnetwork-Holdings-Inc-POTN-7394/
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