PotNetwork Holding, Inc. (OTC: POTN) this morning announced that it, along with subsidiary Diamond CBD, was highlighted in a recent comprehensive research report from SeeThruEquity. In addition to summarizing industry statistics and PotNetwork’s recent corporate milestones, the research report set an updated price target of $1.25 on the company’s shares. SeeThruEquity attributed this increase to PotNetwork’s strong monthly sales data and 3Q17 filings, which indicate “continued profitability as the company invests in growth.” PotNetwork previously announced preliminary 2017E sales estimates of $14.5 million and, per the SeeThruEquity report, is well-positioned to meet or exceed its 2018E estimate. “It is very rewarding to experience this type of growth and success, and all the more pleasing to see an acknowledgement of our collective efforts in the marketplace,” Dr. Richard Goulding, CEO of PotNetwork Holding, stated in the news release.
To view the full press release, visit http://cnw.fm/E6Tz4
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. For more information, visit the company’s website at www.PotNetworkHolding.com
Pursuant to the applicable federal law, the sale or distribution of CBD with less than 0.03% of tetrahydrocannabinol by retailers may be permissible in all states. However, the local, state and federal laws regarding these issues tend to remain in flux and should be accordingly reviewed by local counsel and, as such, legal advice is not intended, but specifically disclaimed.
More from CannabisNewsBreaks
About CBDWire
CBDWire (CBDW) is an information service that provides (1) access to our news aggregation and syndication servers, (2) CBDNewsBreaks that summarize corporate news and information, (3) enhanced press release services, (4) social media distribution and optimization services, and (5) a full array of corporate communication solutions. As a multifaceted financial news and content distribution company with an extensive team of contributing journalists and writers, CBDW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. CBDW has an ever-growing distribution network of more than 5,000 key syndication outlets across the country. By cutting through the overload of information in today’s market, CBDW brings its clients unparalleled visibility, recognition and brand awareness. CBDW is where news, content and information converge.
For more information please visit https://www.cbdwire.com
Please see full terms of use and disclaimers on the CBDWire website applicable to all content provided by CBDW, wherever published or re-published: https://CBDWire.com/Disclaimer
CBDWire (CBDW)
Denver, Colorado
cbdwire.com
303.498.7722 Office
[email protected]
