FT. LAUDERDALE, Fla., March 25, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE--Diamond CBD Inc., a wholly owned
subsidiary of PotNetwork Holdings, Inc. (OTC Pink:POTN) and a leader in hemp extraction and innovative CBD products for the wellness market,
hailed the return to the ring Saturday night of their widely celebrated prizefighter Jessie "El Peligroso"
Magdaleno, who won the NABF Featherweight Title. Magdaleno, a former WBO super bantamweight titleholder bested
Rico Ramos, winning a unanimous decision while sporting the Diamond CBD logo on his trunks to improve his already impressive record
to 26-1-0, with 18 KOs.
(Click here to see Jessie "El Peligroso" Magdaleno announced as the undisputed NABF Featherweight
Champion over Rico Ramos.)
Magdaleno, a former United States National Championship winner, and a former National Golden Gloves Championship
winner bested Ramos at The Hangar in Costa Mesa, California as one of the co-main events on ESPN on Saturday night. The fight
marked a triumphant return to the ring for Magdaleno since moving weight classes from bantamweight to featherweight last year.
The boxing sponsorships are a part of a series of strategic moves by Diamond CBD to maximize the reach of their brands and to
ensure that their popular CBD edible, oil, and vape products are accessible beyond traditional e-commerce platforms.
"We're thrilled to be a part of Jessie Magdaleno's team and proud to sponsor what we think is one of the most exciting sports out
there today," said Kevin Hagen, CEO of Diamond CBD parent company PotNetwork Holdings, Inc. "Millions of people have turned to
all-natural CBD products to help with things like pain and inflammation, and we know that if it's powerful enough for someone who
takes a beating in the ring, then it will work wonders on everyday aches and pains."
Experts predict tremendous growth for the hemp-derived CBD market in the next few years, with some calling for the market to reach
as high as $22 billion within the next five years. According to at least one study, Diamond CBD is already well-positioned as a major player in that market, and
both customers and shareholders can expect the Company to grow in the space over the next decade.
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
principal subsidiaries, First Capital Venture Co., the owner of Diamond CBD, Inc., the maker of Diamond CBD products. For more
information, please visit, 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
Photos accompanying this announcement are available at:
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Jessie El Peligroso Magdaleno
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Jessie El Peligroso Magdaleno - Prepare For Fight
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Jessie El Peligroso Magdaleno against Rico Ramos
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Jessie El Peligroso Magdaleno against Rico Ramos 1
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