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[Robertscott]

$POTN CBD And Hemp Booming Market Growth Showing No Signs Of Slowing Down
PR Newswire - Tue May 15, 7:30AM CDT
MarketNewsUpdates.com News Commentary

The CBD hemp-based sector of the Cannabis market continues to experience significant growth in terms of revenue as global demand for CBD-based products continues to rise at a staggering rate. Greenwave Advisors believes CBD sales in the United States alone will top $2.1 billion within the next two years. One of the factors influencing CBD's success and enhanced demand is the wide variety of ways in which it can be used in products, ranging from cosmetics to food/edibles and beverage to health supplements. The industry's success and the resulting demand across the nation for more CBD-based health products alone have helped give birth to a new industry that parallels the larger cannabis market. Additionally, the market is becoming increasingly global as US-based companies are seeing success abroad in other countries where the substance has recently been legalized. Active companies in the markets include: PotNetwork Holdings Inc. (OTC:POTN).

PotNetwork Holdings Inc. (OTC:POTN) BREAKING NEWS: PotNetwork Holdingsis pleased to announce over $2 million in sales revenues recorded for the month of April. Compared with the $1,009,900 the company achieved in April of 2017, April 2018's revenues represent a 98% year over year increase.

PotNetwork Holdings, Inc.'s wholly owned subsidiary Diamond CBD, Inc. recently revealed that Diamond CBD's Vape Additive, Liquid Gold Vape Juice, Chill Gummies, Tinctures and Biotech Creams, are the brand's most successful products according to the 2018 Investor Relations FAQ, and are being sold in 1000's of retail locations across the United States.

According to the PotNetwork Holdings, Inc. 2018 Investor Relations FAQ, Diamond CBD's products are selling best in Texas, California, Florida, Georgia and New York. By virtue of Diamond CBD's success in the 4 most populous states in the country, and with close to 25% of its revenues coming from ecommerce, Diamond CBD emerges as market leader in the U.S. domestic hemp-derived CBD oil market.

As Diamond CBD diversifies the marketing of its products, entering new and underdeveloped sectors and verticals such as the pet supply industry, wellness centers, health food channels, and fitness centers, it's welcome news that U.S. and international legislators are looking with increasing approval at cannabis and hemp with a renewed focus.

In April of 2018, United States Senate Majority Leader Mitch McConnell (R-KY) introduced H.R.5485 the Hemp Farming Act of 2018, which if passed would remove federal Schedule I drug status, establishing the domestic federal legality of hemp-derived CBD oil products. Read this and more news for POTN at: http://www.marketnewsupdates.com/news/potn.html

https://www.otcmarkets.com/stock/POTN/overview