PotNetwork Holding, Inc. announces today that the Company has been recently featured in a Huffington Post article highlighting the bolstering emergence of the CBD industry.
The article stated:
“In the past 5 years, the legal status of cannabis has continued to evolve in the U.S. Over 22 states including the District of Columbia have authorized the medical and recreational use of cannabis. In fact, the North America Cannabis market is poised to be worth $20 billion by 2020.”
In its coverage of PotNetwork specifically it summarized:
“PotNetwork is dedicated to the research, development, and multi-national distribution of premium hemp extracts that contain a broad range of cannabinoids and natural hemp derivatives. The company controls more than 15 CBD recognizable brands marketed at thousands of retail stores around the country through its subsidiary Diamond CBD Inc. These products include CBD oils, edible gummies, vape pens, vape additives, pet products, and more, and are available in 100’s of flavors and sizes.”
It concluded PotNetwork coverage by stating:
“One of its subsidiaries is First Capital, a company that focuses on the advanced research and production of the industry’s finest premium hemp extracts, primarily Cannabidiol (CBD) oil, and making them available to the global marketplace.”
According to the article, one of the key drivers of the growth in this industry is the multifaced application of cannabis and a prominent one is a cannabidiol (CBD). The extract has been famous for treatment of chronic pain. Other notable factors are expansion of licensing strategies and automated irrigation system for cannabis farmers.
“Despite some of the medical benefit and the expansion of the cannabis industry there are still some hurdles to cross. Issues like the perception of the public towards cannabis, proper regulatory framework, and absence of market leaders. In spite of these challenges, there are few corporations leading the pack and revolutionizing the CBD industry.”
PotNetwork was named among the 5 worthy of recognition.
About Diamond CBD Inc.: Diamond CBD focuses on the research, development, and multi-national 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 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.
Safe Harbor Act: Forward-Looking Statements are included within the 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, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, including words such as "anticipate," "if," "believe," "plan," "estimate," "expect," "intend," "may," "could," "should," "will," and similar expressions are forward-looking statements and involve risks, uncertainties and contingencies, many of which are 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.