PotNetwork Holdings

What PotNetwork Holdings does

PotNetwork Holdings, Inc. (OTC Pink: POTN) is a publicly traded holding company headquartered in Hallandale/Fort Lauderdale, Florida, and organized under Colorado law, operating through wholly-owned subsidiaries in the hemp-derived CBD industry. Founded in 2013 as United Treatment Centers, Inc., the company rebranded in 2015 and pivoted into the cannabis sector in January 2017 by acquiring First Capital Venture Co. and its operating subsidiary Diamond CBD, which manufactures and distributes a portfolio of more than 15 consumer CBD brands including oils, tinctures, edibles, gummies, vape liquids, topicals, drinkable shots, and pet products, produced using supercritical CO2 extraction.

The business operates two principal revenue engines. The first is wholesale and direct-to-consumer product sales: Diamond CBD products are distributed through more than 10,000 U.S. retail stores (vape shops, smoke shops, specialty retailers, and drug-store channels), supplemented by diamondcbd.com e-commerce, trade-show sales, mobile sales vans, and a mall kiosk program. The second is a digital media vertical through the PotNetwork.com platform, which publishes cannabis industry business news, stock information, and interviews at a rate of more than 150 articles per month plus video content. Supporting subsidiaries include MediPets (pet CBD in 5,000+ specialty pet stores), Grinders Distribution (ancillary grinder products across all 50 states), and Meds Biotech (pharmacy-formulated CBD). Celebrity partnerships with Tommy Chong, Lawrence Taylor, and Manny Pacquiao provide brand endorsement.

Revenue grew rapidly from $14.5M in 2017 to over $25M in 2018 audited financials, with H1 2018 revenue up 137% year-over-year and Q1 2018 revenue up 283% year-over-year. Since 2018, however, the company has experienced material corporate instability: three CEO changes in roughly 30 months, withdrawal of an SEC Form 10 filing after its prior auditor lost PCAOB registration, delisting to the OTC Pink marketplace, and no publicly disclosed financial statements in the intervening period. The corporate web domain now resolves to unrelated third-party content, further signaling operational discontinuity.

Name

PotNetwork Holdings

Legal name

PotNetwork Holding Inc.

Website

https://potnetworkholding.com

Company type

Public

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Hemp-Derived CBD Consumer Products

NAICS

Drugs and Druggists' Sundries Merchant Wholesalers (424210), Medicinal and Botanical Manufacturing (325411), Tobacco, Electronic Cigarette, and Other Smoking Supplies Retailers (459991)

SIC

Wholesale-Drugs, Proprietaries & Druggists' Sundries (5122)

akta.pro primary industry

CBD/Hemp Wellness & Supplements Retail (CRANAHAC)

akta.pro secondary industries

CBD/Hemp Specialty Stores (Tinctures, Oils, Edibles) (CRANAHAA), Cannabis Accessories & Smoke Shops (Pipes, Papers, Grinders) (CRANAHAG)

Keywords

• Hemp CBD products
• Cannabis wellness
• CBD oil manufacturing
• CBD pet supplements
• Cannabis industry media

Headquarters

HQ city

Fort Lauderdale

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Marketing or Sales, Operations, Personnel, Technology or R&D

Revenue model

1. CBD Product Sales: Manufacture, distribution and sale of cannabis-based products including CBD oils, edibles, gummies, vape pens, vape additives, and pet products. Products sold through 10,000+ retail stores and direct-to-consumer e-commerce.
2. Digital Media & Content: PotNetwork.com operates as a cannabis industry digital publication generating content revenue through B2B marketing within the cannabis industry vertical.
3. Wholesale Distribution: Distribution of products through nationwide network of vape shops and retail stores for both Diamond CBD products and third-party products like Easy Grinder.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

PotNetwork Holdings operates as a diversified cannabis/hemp holding company whose flagship subsidiary, Diamond CBD, researches, develops, manufactures, and distributes a portfolio of 15+ premium hemp-derived CBD consumer brands spanning oils, gummies, edibles, vape pens and liquids, topicals, honey sticks, drinkable shots, and pet CBD products. The group sells through wholesale distribution to 10,000+ U.S. retail stores, direct-to-consumer e-commerce at diamondcbd.com, trade shows, mobile sales vans, and mall kiosks, and separately operates PotNetwork.com as a cannabis industry digital media platform.

Product overview

PotNetwork Holdings operates as a diversified holding company focused on the cannabis and CBD industry, structured as a platform of multiple subsidiary brands and product lines. The portfolio includes Diamond CBD as the core manufacturing and distribution subsidiary, which owns and manufactures over 15 recognized CBD brands marketed at more than 10,000 retail stores. Product verticals span CBD oils/tinctures (Blue CBD Crystals Isolate, Relax Extreme CBD), edibles (Chill Plus Gummies, Relax Gummies, CBD Honey Sticks), vape products (Relax Vape Liquid, CBD Re-Leaf), topical products (CBD Biotech Cream), pet products (MediPets, Pet CBD Food), and wellness shots (CBD Double Shot, CBD Shots, Lean Shot). The company also operates PotNetwork as a digital media platform and Grinders Distribution for ancillary products. Premium partnerships include Chong's Choice CBD with Tommy Chong and Lawrence Taylor Pain Master with NFL Hall of Famer Lawrence Taylor. The products are sold through both wholesale distribution and direct-to-consumer online channels.

Differentiator

Problem solved

Functional benefit

Products and services

• Diamond CBD Core operating subsidiary focused on research, development, and multinational marketing of premium hemp-derived CBD products (oils, tinctures, edibles, gummies, vapes) sold through 10,000+ retailers nationwide and DTC e-commerce.
• Blue CBD Crystals Isolate Premium high-end CBD isolate brand made from 100% natural hemp, delivering up to 7x higher CBD concentration, available in 250mg to 1500mg strengths and nearly 300 flavors.
• Chill Plus Gummies Hemp-derived CBD-infused gummy treats including gummy bears, sour snakes, and watermelon slices featuring a proprietary blend with melatonin and CBD.
• Relax Extreme CBD High-quality, high-strength CBD oral drops delivered sublingually, available in two strengths under the Relax brand.
• Relax Gummies CBD gummies in a lighter-effect formulation with natural flavors, available in more than 20 varieties including gummy bears, rainbow bites, and sour bears.
• Liquid Gold High-quality CBD brand carried in thousands of stores nationwide, backed by a dedicated sales and marketing team and premium ingredients.
• Chong's Choice CBD Premium CBD products produced in partnership with Tommy Chong using highest-quality ingredients and 100% natural premium hemp, marketed under celebrity endorsement.
• Lawrence Taylor Pain Master High-strength CBD products created in partnership with NFL Hall of Famer Lawrence Taylor, designed to alleviate pain from extreme sports and physical activity.
• MediPets CBD products formulated for dogs and cats, targeting the pet industry market and distributed through more than 5,000 specialty pet stores nationwide.
• PotNetwork.com Media Platform Cannabis industry digital business and financial website publishing cannabis business news, stock information, interviews, and industry coverage with over 150 articles published monthly plus video news series.
• Grinders Distribution Dedicated wholesale distributor of high-quality grinder products throughout all 50 states via a national vape shop network and premium distribution agreement with Easy Grinder.
• CBD Shots Drinkable CBD shots providing a quick boost of relaxation on the go, available in Grape, Jungle Juice, and Berry flavors with 4-6 hours of CBD effect.
• Meds Biotech High-quality CBD products specially formulated by pharmacists, aimed at the medical industry including pharmacies and doctors.
• First Capital Venture Subsidiary focused on advanced research and production of premium hemp extracts and CBD oil, making hemp-derived molecules available to the global marketplace.
• Relax Vape Liquid E-liquid specifically formulated for vaping and vape relaxation under the Relax brand.
• CBD Re-Leaf Disposable, long-lasting, ready-to-use CBD vaping pens available in a variety of engaging flavors.
• CBD Double Shot Easy-to-drink, portable CBD shot with relaxing benefits, produced with supercritical CO2 extraction, available online and in stores nationwide.
• CBD Biotech Cream Topical cream specifically formulated for use on sore muscle areas and pain relief.
• CBD Honey Sticks CBD-infused honey sticks composed of 100% natural CBD and all-natural honey, designed to be consumed on their own or added to hot tea.
• The Fatty Line of smokable CBD products containing CBD-infused Indian and Himalayan herbs with extreme-strength terpene flavors.
• Lean Shot Easy-to-drink, high-strength grape-flavored CBD shot containing all-natural herbs and extracts providing body relaxation.
• CBD Crystal Dabs Isolate powder form of CBD obtained as raw crystallization powder, intended to be added to food and other products.
• Pet CBD Food CBD-infused pet food products available for cats and dogs of all sizes, part of the CBD pet vertical.

Quantifiable outcome

• Revenue growth of 137% year-over-year in first half 2018 compared to same period 2017
• +3 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Eight partnerships are on record, tiered minor, core and flagship.

• K-Kup CoffeeminorStrategic or Co-development Partner · 14 December 2018Diamond CBD entered the $46 billion coffee market with premium line of CBD-infused coffee and tea K-Kup capsules.
• Lawrence TaylorcoreOEM/ Whitelabel/ Licensing Partner · 20 July 2018Partnership with NFL Hall of Famer Lawrence Taylor to create Lawrence Taylor Pain Master - high-strength CBD products for athletes and individuals to alleviate pain from extreme sports and activities.
• Exponential, Inc.coreGTM or Marketing Partner · 5 March 2018PotNetwork Holding's Diamond CBD signed exclusive global affinity marketing agreement with Exponential, Inc. for marketing and customer acquisition.
• Easy GrindercoreChannel Partner/ Reseller/ Distributor · 10 November 2017Grinders Distribution is a premium distributor of Easy Grinder products, leveraging a nationwide network of vape shops to distribute high-quality, luxury grinders throughout the country.
• Tommy ChongflagshipOEM/ Whitelabel/ Licensing Partner · 1 August 2017Partnership with legendary Tommy Chong to produce Chong's Choice CBD products - premium CBD products using highest-quality ingredients and 100% natural premium hemp. Products marketed under celebrity endorsement.
• Grand Capital Ventures (YUKA E-Com)minorChannel Partner/ Reseller/ DistributorDiamond CBD received order for over $400,000 worth of CBD products from Grand Capital Ventures' YUKA E-Commerce platform.
• Manny PacquiaocoreGTM or Marketing PartnerDiamond CBD sponsored Manny Pacquiao boxing events, gaining millions of viewers for brand exposure during world championship fights.
• BRAG (Boxing Federation)minorGTM or Marketing PartnerDiamond CBD expanded into MMA through collaboration with BRAG (Boxing Federation), sponsoring fighter events and competitions.

Scale indicators10 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Medterra CBD: CBD brand offering tinctures, topicals, gummies, and pet products distributed through both DTC and retail. Comparable to Diamond CBD's product breadth and emphasis on third-party testing and quality messaging.
• CV Sciences (PlusCBD Oil): Publicly traded CBD company selling hemp-derived CBD products through mass retail and health-food channels. Comparable to PotNetwork in product portfolio (oils, gummies, topicals, pet) and mainstream retail distribution strategy.
• Charlotte's Web Holdings: One of the most recognized hemp-derived CBD brands in the U.S., with vertically integrated cultivation, extraction, and a broad product line (oils, gummies, topicals, pet). Directly comparable to Diamond CBD in product mix, distribution, and target consumer.
• Green Roads: CBD company founded by pharmacists offering a wide range of CBD oils, edibles, topicals, and pet products distributed through retail and DTC. Comparable to Meds Biotech and Diamond CBD's pharmacist-formulated positioning.
• cbdMD: Publicly traded CBD brand with broad product portfolio (oils, gummies, topicals, sleep aids, pet) sold through DTC and major retail. Comparable on product breadth, marketing intensity, and distribution scale.

Emerging players

• KushCo Holdings: Supplier of packaging, vape hardware, and ancillary products to the cannabis and CBD industry. Comparable to PotNetwork's Grinders Distribution and ancillary product lines serving vape shops and dispensaries.
• Cannabis Sativa Inc. Holding company structure with multiple cannabis and CBD subsidiaries including brands, products, and media. Highly comparable corporate structure to PotNetwork Holdings with a diversified portfolio of operating brands.

Others

• Leafly: Cannabis-focused digital media platform providing news, strain information, and retailer listings. Comparable to PotNetwork's PotNetwork.com B2B cannabis media subsidiary serving the same industry vertical.

Broad incumbents

• MediPharm Labs: Cannabis-focused pharmaceutical company producing GMP-certified cannabinoid products for medical and consumer markets. Comparable to First Capital Venture's botanical extraction and manufacturing capabilities.

Regional players

• Elixinol Wellness: Globally distributed hemp CBD brand with product lines spanning oils, capsules, topicals, and pet. Comparable product mix and category strategy to Diamond CBD in the consumer CBD space.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/potnetworkholding
• LinkedInlinkedin.com/company/potnetworkholdingsinc

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PotNetwork Holdings