PotNetwork Holdings, Inc. Announces Diamond CBD To Pursue FDA Product Registrations
October 30 2018 - 8:00AM
InvestorsHub NewsWire
Diamond CBD Developing Products To Be IP-Protected for Unique Niche
Markets
Applications
Ft Lauderdale, FL -- October 30, 2018 --
InvestorsHub NewsWire -- 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.
Contact: PotNetwork Holdings, Inc. Investor
Relations: Marisol
Elwell
1-800-915-3060
investor@PotNetworkHolding.com
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