Business
Vapor Group Inc. Secures $210,000 Purchase Order from Diamond CBD, Inc.
Vapor Group Inc. Secures $210,000 Purchase Order from Diamond CBD, Inc..
About this update from Vapor Group Inc
[{"type":"text","content":"\n \n Vapor \n Group, Inc. (OTC Pink: VPOR) \n (“the Company”) secured a $210,000 purchase order for bulk CBD isolate \n from industry leader Diamond \n CBD, Inc., a wholly-owned subsidiary of PotNetwork \n Holdings, Inc. (OTC Pink: POTN). \n The deal, which is VPOR’s largest single order to-date, comes on the \n heels of a hugely successful April which saw the Company follow-up on \n their corporate restructuring initiative with nearly $300,000 worth of \n orders for the month.\n \n\nThis press release features multimedia. View the full release here: \nhttps://www.businesswire.com/news/home/20190508005424/en/\n\n \n \n Diamond CBD Purchase Order (Photo: Business Wire) \n\n\n \n In total, new orders have brought the Company to over $500,000 in just a \n few months, with the current deal continuing to establish VPOR as one of \n the premier providers of high-quality CBD isolate to the sector.\n \n \n (Click \n here to watch a video about VPOR and their use of \n cutting-edge manufacturing facilities and processes.)\n \n \n POTN is one of the dominant companies in the CBD industry, having \n recently reported year-end audited revenues of $25,583,761 for fiscal \n year 2018, an increase of 78 percent from the previous year. Their \n wholly-owned subsidiary, Diamond CBD, continues to be one of the most \n innovative retail and wholesale companies on the market today, offering \n consumers popular lines of CBD oils, edibles, creams, and more.\n \n \n “We’re excited to be working with Diamond CBD, one of the better-known \n consumer brands in the CBD space,” said Vapor Group President and CEO \n David Zinger. “It’s proof-positive to both the industry and our \n shareholders that our plan is working, and that Vapor Group is quickly \n becoming a go-to leader in the CBD sector.”\n \n \n CBD is gaining wider acceptance among mainstream Americans, especially \n in the heartland where recently Texas \n voted to allow farmers to grow industrial hemp. Entrepreneurs and \n established large chain retailers are embracing the CBD industry as \n well, as business owners begin to reflect on surveys that suggest that close \n to 7 percent of Americans currently use CBD, a figure that is \n expected to increase to as much as 10 percent or 25 million people by \n 2025. As a result, investment fir...