Diamond CBD
Enters
$100
Billion
Global
Chocolate
Market
With
New
CBD
Infused
Chocolate
Branded as Choco Budz CBD - Infused Chocolate Edibles in five
delicious flavors.
Ft.
Lauderdale, FL -- May 16, 2019 -- InvestorsHub
NewsWire -- PotNetwork
Holdings, Inc. (OTC
Pink: POTN)
("the
Company") through its wholly-owned subsidiary
Diamond CBD, Inc., an
industry-leader in CBD oils, edibles, and tinctures recently
launched a new lineup of its CBD-infused chocolate edible candies
under the
Choco Budz brand
name. Already
at the top of a
CBD industry which experts predict could reach as high as
$22 billion within the next five years, Diamond CBD's Choco Budz
brand seeks to claim a stake in what
analysts foresee as a $161 billion global market for
chocolate snacks and
delicacies.
Currently, the
global chocolate market
sits at around $103 billion, with many in the industry
predicting growth at a CAGR of approximately 7.0 percent over the
next seven years.
The new lineup of Choco Budz branded CBD-infused chocolate edibles
are creatively designed to look like pieces of whole flower, making
them instantly identifiable to anyone who enjoys a good time. Made
from all-natural, hemp-derived CBD, Choco Budz come in five
delicious flavors, including Infused Moonrocks, Infused Banana,
Infused Strawberry, Infused Grape, and the always satisfying
Original chocolate.
"Research shows
that it's CBD edibles that are pulling new consumers into the
market, which is why we're so excited about our expanded lineup of
Choco Budz products," said Kevin Hagen, CEO
of PotNetwork Holdings, Inc. "Moreover, with the chocolate industry
growing at the pace it is, the marriage of these two products makes
perfect sense. This is an opportunity to expand our target
demographic while at the same time, make an investment in the
future for shareholders."
PotNetwork
Holdings continues to move forward following recent announcements
of the Company's
$25 million in revenue for fiscal year 2018, and
the filing of
a Form 10 Registration Statement with
the U.S. Securities and Exchange Commission (SEC) to register its
common stock under the Securities Exchange Act of 1934.
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