Focused on multiple, rapidly growing verticals within the global cannabis industry
PotNetwork Holding Inc. (POTN) is a publicly traded company that acts as a holding company for its subsidiaries. First Capital Venture Co., a subsidiary of POTN and its primary operating entity, owns Diamond CBD, Inc., a producer of widely distributed cannabidiol (CBD) hemp extracts.
PotNetwork Holding controls over 15 noted CBD brands that are marketed through thousands of retail stores across the United States. Branded products include CBD oils, edible gummies, vape pens, vape additives, pet products and more.
- Company sidesteps federal legal issues by focusing on federally legal cannabidiol (CBD) and sourcing hemp grown outside the U.S.
Company targets burgeoning cannabis market, in which CBD alone is anticipated to surpass $2 billion by 2020
Product distribution in all 50 states and increasing internationally
FIRST CAPITAL VENTURE CO.
First Capital Venture Co. is the primary operating entity of PotNetwork Holding Inc. and the parent company of Diamond CBD, Inc. First Venture Capital is focused on the advanced research and production of the very finest premium hemp extracts, chiefly CBD oil, and making them available in the global marketplace.
First Capital Venture is helmed by industry pioneers and natural product experts, chemists and scientists who are collaboratively dedicated to producing the finest and purest CBD oil.
DIAMOND CBD, INC.
Diamond CBD is dedicated to the research, development and multinational distribution of premium hemp extracts containing a wide range of cannabinoids and natural hemp derivatives. A growing industry leader, the company offers products in all 50 states, encompassing more than 10,000 retailers nationwide, and also offers products through a growing international network. Since Diamond CBD's products are produced using federally legal CBD, they can be sold uninhibited in all 50 states.
Diamond CBD's top-quality products include:
- Diamond CBD Gummies: Diamond CBD-branded edible gummies are made from crystal isolate. They are available in a variety of flavors and gummy styles, including rainbow bites, mini fruit, gummy worms, sour snakes and more.
Chill Gummies: Chill gummies are more robust than their counterpart, the "Relax" gummy line. Chill Gummies are edible CBD gummies available in a wide variety of flavors, strengths and styles including gummy bears, sour snakes, rainbow bites, watermelon slices, sour snakes, peanut butter chocolate, ocean gummies, gummy worms, gummy rings and more.
CBD Liquid Gold: CBD Liquid Gold is derived from naturally grown industrial hemp plants, certified by USA labs and then carefully mixed with a patent-pending (non-PG), all-natural base formulation.
Blue CBD: Blue CBD Crystal Isolate is a high-end vapor liquid and oral drop infused with premium CBD-rich hemp oil. CBD liquids are Premium Gold quality and test at a 7X higher concentration.
Relax Gummies: Relax Gummies give a lighter effect of CBD with some natural flavors in comparison to their counterpart Chill Gummies. Relax Gummies are perfect for anyone with a sweet tooth who is looking for a lighter effect without sacrificing quality or taste.
Premium Hemp Liquid Pet: CBD For Pets is a new and refreshing product from Diamond CBD for all the millions of pets out there. It is an organic product and also has unique flavors in it.
CBD Re-Leaf: Disposable, long-lasting and ready-to-use CBD Re-leaf vaping pens are available in a variety of flavors. Easily take CBD anywhere on the go.
Relax Extreme CBD: Relax Extreme CBD Oil provides a high-quality, high-strength dose of CBD through oral drops. It is very easy to use and works instantly. Simply place a drop under the tongue. Available in various strengths.
CBD Double Shot: CBD Double Shots are specifically designed for one-time use. Easily squeeze the package in your mouth and swallow; it's that simple. Take it anywhere you go. Relaxation is now conveniently in your pocket. Drinkable CBD shots provide a quick boost of relaxation on the go. Available in various flavors.
Chill Pill: CBD-infused capsules available in various strengths. Relax, take a Chill Pill.
In the United States, more than 1.2 million people use cannabis to address various medical problems, ranging from depression to cancer and epilepsy. Despite legalization in various states, cannabis use is currently illegal at the federal level. However, the products offered through PotNetwork Holding's subsidiaries are made from hemp sourced outside the U.S., and the resulting CBD-rich oils are 100 percent legal to sell in the United States.
The CBD market has been projected to reach between $2.1 billion to $3 billion in consumer sales by 2020—an increase of 700 percent or more from 2016. Additionally, many traditional marijuana users report a willingness to try CBD.
As of September 2017, 29 states and the District of Columbia have laws in place that broadly legalize marijuana in some form. The most expansive laws regarding recreational marijuana use have been adopted in seven states and the District of Columbia. Final rulings are additionally pending in other states for recently passed medical marijuana laws.
In Canada, medical marijuana has been legal since 2001, and Canada's government is currently moving toward nationwide recreational cannabis legalization. Canada's proposed Cannabis Act could go into effect by July 2018, making recreational marijuana use federally legal.
Globally, the medical marijuana market has been projected to reach a value of up to USD $55.8 billion by 2025. In the United States, it has been predicted that marijuana market sales could surpass $24 billion by 2025.
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