DIAMOND CBD BOOKS OVER $300,000 IN NEW ORDERS
IN THREE DAYS AT ASD MARKET WEEK
Company's
CBD-infused edibles, oils, and vapes shine during
influential
Las Vegas consumer merchandise trade show
Ft. Lauderdale,
FL -- March 21, 2019 -- InvestorsHub NewsWire
-- Diamond
CBD Inc., a wholly-owned subsidiary
of PotNetwork
Holdings, Inc. (OTC Pink:
POTN)
("the Company"), and a
leader in cutting-edge, hemp-derived CBD products for the wellness
market, booked over $300,000 in CBD
product sales in its three day attendance at the
influential ASD
Market Week Trade Show in Las Vegas,
Nevada, March 17 - 20.
(Click
here to see a
video of Diamond CBD in action at the show.)
ASD
Market Week is one of the nation's largest consumer merchandise
trade shows for small to large-sized retail, distribution, or
import businesses. It's a place where deals are made, as an
overwhelming number of the 45,000 attendees 98 percent represent
major purchasing power. According to the event organizers, in
recent history the average buyer spent $82,500 per show, equating
to $2.8 billion overall.
Consumer sales
continued to surge this year as wholesalers and wellness
enthusiasts flocked to Diamond CBD's recent product additions like
CBD-infused coffee, bath
bombs, and Brain
Chill Slushies,
"The excitement
that we saw at ASD Market Week for the Diamond CBD brand and the
industry is a microcosm of what we see all across
the nation," said Kevin Hagen, CEO of
PotNetwork Holdings, Inc. "The sales reflect that consumers are
really clamoring for all natural
products not
just to relieve pain and inflammation, but to tap into their
potential and lead their best lives. That consumers are choosing
our products in such large numbers is a humble reminder of the
responsibility we have not just to meet consumer demands but to
also exceed them. "
Recent consumer
surveys suggest that close
to 7 percent of Americans currently use
CBD, with that number expected to grow to 10 percent, or 25 million
users as early as 2025. Experts estimate the hemp-derived CBD
market to
hit 22 billion by 2022, as consumers around
the world increasingly look to CBD products to help treat chronic
pain conditions and as a potential preventative measure for muscle
soreness and inflammation. A
growing body of
research evidence also shows that CBD may
offer therapeutic advantages for a whole host of conditions, both
mild and severe.
ASD Market Week (https://www.asdonline.com)
is the most comprehensive trade show for consumer merchandise in
the U.S., bringing the world's widest variety of retail merchandise
together in one efficient shopping experience. Held twice per year
in Las Vegas, Nevada, the show annually draws 45,000 buyers from
over 90 countries.
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 the 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 the 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.
1-800-915-3060
investor@PotNetworkHolding.com
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