PotNetwork Holdings, Inc. (OTC Pink:POTN) announced today that its subsidiary, Diamond CBD, launched on Black Friday its consumer retail program for shopping malls in major metro centers with a product sales kiosk at the popular Broward Mall in Plantation, Florida.
To See the kiosk in action: Click Here
The new sales and merchandising program is designed to educate a new audience of consumers on the potential health benefits of Diamond CBD products. Diamond CBD is targeting shopping malls as one of the its strategies to significantly enhance its distribution footprint to a new and diverse segment of mall shoppers.
To view a detailed presentation on the new program, click here.
The CBD market is predicted to be worth $2.1 billion in consumer sales by 2020 with $450 million of those sales coming from hemp-based products. That’s a 700% increase from 2016. In 2017, Diamond CBD shattered all expectations and achieved revenues of over $14 million, underscoring its potential in the CBD market.
Diamond CBD distributes premium quality products, and has established a successful, continually broadening distribution footprint. Diamond CBD’s products are taking advantage of the popularity of hemp-derived CBD. Diamond’s hemp-derived CBD products do not contain any THC and are tested for purity.
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. For more information, please visit its website at www.potnetworkholding.com.
Safe Harbor: 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.
Contact: PotNetwork Holdings, Inc. Investor Relations: Marisol Elwell
<img src=”http://www.globenewswire.com/newsroom/ti?ndecode=MTUwIzc0MzgzMzI=” alt=”” width=”1″ height=”1″/>