- CBD market estimated to grow by 700% by 2020
- POTN has scientific focus on quality and therapeutic consistency
- POTN multiple product lines and global distribution
- Positioned for outsized share of the growth
It’s no wonder that medicinal marijuana, cannabis and hemp (cannabidiol) has become a veritable gold rush given the 700% market upsurge projected over the next three years (http://cnw.fm/A4otO). Millions of people currently use cannabis, including CBD products, for medical therapies to treat pain, epilepsy, depression and multiple other maladies according to many abstracts and studies available from the U.S. National Library of Medicine National Institutes of Health. From these reports, there appears to be an abundance of scientific evidence proving the medical efficacy of cannabidiol (CBD) and investors are flooding the space seeking a share of this colossal 700% growth.
With such enormous upside in this space there are many pretenders to the throne and investors should be careful to look for companies that already have product lines, plus revenues and earnings instead of just hyped up pipe dreams. PotNetwork Holding Inc. (OTC: POTN) meets these criteria with an established product line and a successful business model. The company was recently mentioned in a NetworkNewsWire article, “Cannabis Companies Cater to an Increasingly Large and Diverse Industry” “(http://cnw.fm/9M4tn).
PotNetwork Holding is a holding company that owns subsidiaries that produce and distribute cannabidiol both in the U.S. and internationally. A primary operating entity of PotNetwork, Diamond CBD, Inc., produces and controls 15 different CBD brands that have gained international acceptance for both quality and consistency. With a staff of doctors, chemists and scientists, Diamond CBD is dedicated to developing and producing only the highest quality CBD oil across multiple products for a myriad of therapeutic and beneficial uses. Scientific research and depth of knowledge of natural hemp molecules and their particular properties determines the course of product development. All of the company’s products are made with federally legal cannabidiol (CBD) and are available in a variety of flavors and sizes for consumer appeal. The company insists on 100% natural lab-tested CBD ingredients with the process meticulously monitored from the source farm through every stage of production and final delivery to retail outlets.
Company efforts and attention to quality are paying off. PotNetwork recently announced that its Diamond CBD, Inc. subsidiary delivered a 30% month-over-month increase in revenues. Maria Gomez, Regional Vice President of Sales for Diamond CBD, Inc., stated in the news release, “We are consistently setting new sales records month after month and are excited to be able to report this type of continuing growth. We have taken our marketing efforts seriously. A commitment that is surely being revealed in the ongoing sales numbers.” These revenue results place PotNetwork on track to easily exceed 2017 projections.
With a scientific focus on quality and therapeutic consistency, 15 different brands in multiple flavors and sizes, with both domestic and international sales rapidly ramping up and in the midst of a 700% upsurge market, it looks like PotNetwork is well positioned to snag more than its fair share of this massive growth.
For more information, visit the company’s website at www.PotNetworkHolding.com
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