POTNETWORK HOLDINGS, INC
US SYMBOL: POTN
Last Price: .095 | Website | SEC Filings | Latest News
If it’s any testament to how HOT this industry is, for the third time in the last month, we’re venturing back into the CBD Sector!
So for those of you who don’t know yet…
|WHAT IS CBD?|
Cannabidiol is a phytocannabinoid discovered in 1940. It is one of some 113 identified cannabinoids in cannabis plants and accounts for up to 40% of the plant’s extract. In 2018, clinical research on cannabidiol included preliminary studies of anxiety, cognition, movement disorders, and pain.
While THC-based Marijuana and byproducts are yet to be legal nationwide, CBD is experiencing a renaissance of sorts after last year’s landmark Farm Bill removed hemp as a Schedule I substance and reclassified it as an “agricultural commodity”.
So what that means is that CBD derived solely from hemp is now Legal Nationwide!
Now with an exploding market set to exceed $20 BIL by 2024, a plethora of companies are trying to get in the game and capitalize.
But Today’s New Profile is ALREADY capitalizing on this rapid growth industry and truly appears to be in a league of their own…
PotNetwork Holdings, Inc. (POTN) is a publicly traded company that acts as a holding company for its principal subsidiaries, which includes Diamond CBD, Inc., the maker of Diamond CBD products, and PotNetwork Media Group, Inc., the publisher of PotNetwork News and PotNetwork Magazine.
The main focus of this profile today will be POTN’s subsidiary – Diamond CBD – truly one of leaders in the industry, providing more than 15 recognizable brands in a variety of CBD verticals from isolate to oil to edibles!
Now if POTN sounds familiar to you, it should come as no surprise. This is one of the most talked-about and active Cannabis Stocks on the market today.
And with good reason…
POTN’S MASSIVE REVENUE GROWTH
POTN has truly defied the odds and built itself into a veritable powerhouse in the CBD industry!
This is a company who in the span of 2 years, increased Revenues over a Mind-Boggling 2,300%!!
Ask yourself how many companies you know that were able to grow Revenues 25x from around $1.02 MIL in 2016 to over $25.5 MIL in just 2 years!!!
Best of all, this company has been consistantly PROFITABLE for years!!
Yet…with such strong numbers, POTN still trades at a mere 9 CENTS right at it’s 52 Week Support.
So could a Reversal be in the cards? Let’s dig in….
COULD POTN RALLY OFF 52 WEEK LOWS?
Is anyone else smelling a reversal?
Ever since February’s Triple-Digit Rally, POTN has been on a slow profit-taking decline – taking it to near-52 Week Lows, and culminating at it’s long-term support levels.
However, with a big History of Rallies from these very prices + our RSI Indicator suggesting the chart is OVERSOLD, could POTN be poised for another Epic Rally back to past highs and beyond?
Take a look….
It’s important to note that POTN’s 52 Week High is .42 – a full 342% GAIN from current prices.
So what could set off another Bull rally? Read on…
POTN – THE EMERGING LEADER IN CBD
There’s no doubt that POTN’s subsidiary, Diamond CBD is leading the CBD revolution.
The company is lead by a team of hemp industry pioneers and natural product experts, chemists, doctors and scientists…all dedicated to producing the finest and purest CBD oils, vapes, tinctures, isolate, edibles, and more.
Diamond CBD’s more than 15 lines and brands are currently sold through 10,000+ retailers nationwide and are legal across all fifty states, USA-made, and produced with federally-legal Cannabidiol (CBD).
And that’s because this company puts a eagle-eye focus on research, development, and multinational marketing of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives.
So let’s take a look at a few of POTN’s Diamond CBD Premiere Products…
Blue CBD Crystals Isolate
A very popular high-end premium CBD brand derived from 100% natural hemp that delivers up to a 7X higher concentration of CBD.
From 250mg to 1500mg, Blue CBD Crystals Isolate delivers pure CBD in oil in a variety of strengths and almost 300 flavors. That’s right, nearly 300 flavors!!
Chill Plus Gummies
One of America’s most popular hemp-derived CBD gummies available in gummy bears, sour snakes, watermelon slices, and more.
With a righteous proprietary blend, including Melatonin and CBD, Chill Plus gummies are the perfect edible to take when it’s time to “Chill” out.
Relax Extreme CBD
An Established Brand of CBD Oral Drops.
Relax Extreme CBD Oil provides a high-quality, high-strength dose of CBD through oral drops, delivered by simply placing a drop under the tongue. Available in 2 strengths.
And of course there’s a plethora of other popular brands & products from CBD Creams, CBD Ginger Roots Capsules, and even a CBD Bath Bomb!!
All of these can be found and purchased on Diamond CBD’s website HERE!
POTN HITS THE ROAD WITH INSANE NEW PRODUCTS & MASSIVE SALES ORDERS!
One thing is for certain — POTN does not rest! Perhaps that’s why the company has seen such dramatic Revenue Growth…
In fact, the company is currently in New York City showcasing their products to over 20,000 attendees at the 6th Annual Cannabis World Congress and Exposition as we speak!
Last week, the company received a $400k Order from a familiar name, nearly topping the $450k in Sales orders they generated in just 3 DAYS back in March!
At these shows, POTN is stunning the CBD Market with a variety of ground-breaking products all available to purchase right now online like CBD Dried Fruit, Choco Budz CBD-Infused Chocolate, Award-Winning Medi-Pets Dog Treats, and even their hit Brain Chill CBD Slushy Machines!!!!
Is there no product out of reach for POTN’s creative CBD-infusion!?
THE BOTTOM LINE
With a CBD Product Mix unlike ANYTHING WE’VE EVER SEEN, there’s no doubt that POTN is a company poised for growth and one to keep an eye on in both the Short AND Long term!
In fact, one thing we can look forward to shortly is the company’s goal to Uplist to OTCQB!
Tomorrow we will delve into some of POTN’s other ventures including it’s News Network and Magazine with circulation to over 30,000 readers + over 1 MILLION Page views!
But for now, we’ll be keeping a keen eye on POTN’s chart and the potential for an EPIC Bullish Reversal Rally today.
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