Diamond CBD (“Diamond”) a wholly-owned subsidiary of PotNetwork Holdings, Inc. (OTC Pink:POTN), once again showcased its bestselling lineup of CBD-infused edibles, oils, and creams at CHAMPS Trade Show, the nation’s largest counter-culture exhibition, held in Las Vegas, July 16-18, 2019. Over the course of three days, Diamond joined more than 920 wholesalers, manufacturers, and distributors exhibiting their wares to thousands of retailers and tens of thousands of consumers.
PotNetwork Holding, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD was thrilled to have sponsored boxer Juan Carlos Payano on this past weekend’s much-anticipated fight card held this past Saturday, July 20th at the MGM Grand in Las Vegas and broadcast worldwide on FOX Sports Pay-Per-View. Payano and fellow former bantamweight titleholder Luis Nery were about even through eight rounds before Nery knocked Payano out on a vicious body shot.
PotNetwork Holdings, Inc. (“the Company”) (OTC Pink: POTN) announced on July 9, 2019, that it had become a fully reporting company under the Securities Exchange Act of 1934 (the “Act”). As a result, it is now subject to the reporting requirements of the Securities and Exchange Commission including the filing of annual and quarterly financial reports. The Company’s filing of its registration under the Act was amended on July 5, 2019, and included audited financial statements for the years ended December 31, 2018, and 2017.
Diamond CBD (“Diamond”) is excited to report that its Diamond CBD-sponsored 4-day-long “Stars, Stripes, and Bass” 4th of July event was a tremendous success. The poolside dance party, held at the Shelbourne Hotel in South Beach, featured high doses of world-class talent including a veritable parade of international artists, DJ’s, producers, remixers, dancers and live performers. Some of the world-class DJ’s at the event included DJ Irie, Lil Jon, Fat Joe, Alex Sensation, DJ Walshy Fire, DJ Michael Brun, DJ Camilo, and Mr. Mauricio.
PotNetwork Holdings, Inc. (OTC:POTN) issued a statement today that its Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission (SEC) on May 9, 2019,to register its common stock under the Securities Exchange Act of 1934 becomes effective today, Tuesday, July 9, 2019. As a result, the Company is now subject to the periodic reporting requirements of the Securities Exchange Act of 1934, requiring the filing of annual, quarterly and current report filings in accordance with all federal law and regulation.
PotNetwork Holdings, Inc. (OTC:POTN) announced today that its Registration Statement on Form 10 filed with the U.S. Securities and Exchange Commission (SEC) on May 9, 2019to register its common stock under the Securities Exchange Act of 1934 will become effective on Tuesday July 9, 2019. The filing, amended by the Company on July 5, 2019, includes audited financial statements for the years ended December 31, 2018 and December 2017 and unaudited financial statements for the first quarter of 2019.
PotNetwork Holding, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD, Inc. (“Diamond”) was well represented at the Sin City Showdown main event on the evening of June 28 as Diamond CBD-sponsored fighter Andres Cortes scored a spectacular win over Mexico’s Sergio Lopez in round 3.
PotNetwork Holding, Inc. (OTC Pink: POTN) (“the Company”) through its wholly-owned subsidiary Diamond CBD, Inc. (“Diamond”) was once again featured in the boxing ring when Undefeated NABF (Junior) welterweight prospect Blair “The Flair” Cobbs (10-0-1, 6 KOs) faced off against Robert Redmon Jr. (7-1-2, 6 KOs) on Friday, June 21, at the Fantasy Springs Resort and Casino in Indio, CA. The charismatic Cobbs, who is sponsored by Diamond CBD and managed by Greg Hannley of Prince Ranch Boxing defeated Redmon in a dramatic sixth round KO to remain undefeated, all while sporting the Company logo on his shorts. Cobbs is promoted by Golden Boy Promotions.
Holding, Inc. (OTC Pink:POTN)
(“the Company”), through its wholly-owned subsidiary Diamond
CBD (“Diamond”), successfully launched several new lines of CBD oil
products for the consumer and wholesale markets, including Full
Spectrum CBD MCT Oils, CBD
Oil with Hemp Seed Oil, CBD
Oil Honey Tinctures, and CBD
Oil with Olive Oil. The new products are being launched at a time
when consumer interest and preference for CBD products continues to peak.
Last year’s Farm Bill started a process in motion that is continuing to grow and rise like a tsunami. Removing Hemp from the Controlled Substance list created what an industry report by New Frontier called, a ‘financial domino effect”. Hemp CBD is different from marijuana CBD. Hemp CBD oil is extracted from the cannabis varieties that are naturally abundant in CBD, and low in THC. Marijuana on the other hand, is composed of a vast majority of THC and very little THC. A study by New Frontier said: “The passage of that bill started to restore industrial hemp to nationwide legal production for the first time since World War II, offering vast opportunities for the industry and investment in a market expected to triple in four years total U.S. hemp industry now looks to expand at a healthy 18.4% through a 5-year combined annual growth rate (CAGR) from 2018-2022 in leading all hemp product categories, the hemp-derived CBD market will grow from a $390 million-dollar market in 2018, to a $1.3 billion market (or 3.3x) by 2022, representing a 27.2% 5-year CAGR. Active companies in the markets this week include: Canbiola, Inc. (OTCQB: CANB), Marijuana Company of America, Inc. (OTCQB: MCOA), PotNetwork Holdings, Inc. (OTCPK: POTN), Medical Marijuana, Inc. (OTCPK: MJNA), Kona Gold Solutions, Inc. (OTCPK: KGKG).