Company received over $600,000 in purchase orders for its bulk CBD
isolate in only a few months
Vapor
Group, Inc. (OTC Pink: VPOR)
(“the Company”) recently received payment for a previously announced
$210,000 purchase order from industry-leading CBD distributor and
manufacturer Diamond CBD, Inc. (“Diamond”), a wholly-owned subsidiary of
PotNetwork Holdings, Inc. (OTC Pink: POTN).
The order is one of many the Company has secured for its bulk CBD
isolate so far in the first few months of 2019, which has helped to
bring in revenues of over $600,000.
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Vapor Group Purchase Order Transaction (Graphic: Business Wire)
As reported in the Company’s first-quarter revenue filings, while the
purchase from Diamond is the Company’s largest to-date, a number of
high-profile purchases for bulk CBD isolate have been made with
well-known businesses across the industry. Since adopting their new
business approach, VPOR has secured significant purchases with companies
such as White
Label Liquid, Inc. and GenCanna
Global, Inc.
(Click
here to watch a video about VPOR and their use of
cutting-edge manufacturing facilities and processes.)
“Diamond CBD has become a proven leader in the industry,” said Vapor
Group President and CEO, David Zinger. “This purchase is yet another
example of our making good on a promise to establish a rapid track
record of growth quickly.”
Vapor Group, a trusted name for quality CBD in the industry, sells
high-potency, high-purity CBD isolate to multiple brands across the
country. The Company’s use of cutting-edge manufacturing facilities and
processes, including nanotechnology, delivers to customers a competitive
advantage in product effectiveness that is unsurpassed in a global
market which is projected to explode to as much as $16
billion within the next few years.
About Vapor Group, Inc.
Vapor Group, a publicly-traded OTC company, trading under the symbol
VPOR, today is a holding company with its principal operating subsidiary
being VPOR, Inc., www.VPOR.com.
Vapor Group provides only premium bulk CBD products made from 100
percent industrialized organic hemp that is produced by top growers in
the U.S. from states like Kentucky, Colorado, and Oregon. The Company
works directly with B2B businesses in the sector to stay
up-to-the-minute on the latest consumer trends in the category.
Vapor Group also is the owner of Simple Cork, Inc., www.simplecork.com,
the developer of a new, multi-nationally patented combination wine
bottle cork/opener being prepared for market entry.
If you have specific questions about the Company, please email us at investor@vpor.com.
About Diamond CBD, Inc.: Diamond
CBD focuses on the research, development, and multinational
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, doctors
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, tinctures, edibles, and vape liquids found anywhere. For
more information, please visit its website at www.DiamondCBD.com.
About PotNetwork Holdings, Inc.: PotNetwork
Holdings, Inc. (OTC Pink: POTN)
is a publicly traded company that acts as a holding company for its
principal subsidiaries, First Capital Venture Co., the owner of Diamond
CBD, Inc., the maker of Diamond CBD products, and PotNetwork Media
Group, Inc., the publisher of PotNetwork News and PotNetwork Magazine.
For more information, please visit, www.potnetworkholding.com.
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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,
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competitive positions, growth opportunities, plans and objectives of
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"should," "will," and similar expressions are forward-looking statements
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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.
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