PotNetwork Holdings, Inc. Announces Diamond CBD to Pursue FDA Product Registrations
Diamond CBD Developing Products To Be IP-Protected for Unique Niche Markets Applications
PotNetwork Holdings, Inc. (OTC Pink: POTN)(the “Company”)
announced today that, as the U.S. CBD market grows and expands, the Company is aggressively developing new products and moving
forward on its strategy of exploring and initiating FDA registrations, patents and trademarks specific to certain of its new
proprietary, Diamond CBD products.
The Company had previously announced that it had engaged major law firms in Fort Lauderdale, Florida, and Washington, D.C., to
handle intellectual property (“IP”) matters, and for regulatory guidance on FDA submissions and related matters pertaining to the
evaluation of the feasibility of FDA approval and registrations for certain Diamond CBD formulations.
Kevin Hagen, CEO, stated, “We believe that the future success of our Company is linked to carving out proprietary niche markets
specific to unique, product formulations. Today, we are pushing forward with this strategy specific to human health and wellbeing
issues under the guidance of our Scientific Advisory Board, who will oversee preliminary patient clinical trials in accordance with
FDA guidelines and procedures. Our goal is to establish a unique company positioning in key markets with this initiative.” He
added, “We are fortunate to be working with both talented doctors, scientists and legal advisors, who can help us achieve this
goal. We believe that this strategy will further benefit the building of overall shareholder value.”
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 its 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 subsidiaries, First Capital Venture Co., the owner of
Diamond CBD, Inc., the maker of Diamond CBD oils.
Safe Harbor: This press release contains Forward-Looking Statements 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.
PotNetwork Holdings, Inc.
Investor Relations:
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com
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