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FT LAUDERDALE, Fla., Jan. 29, 2019 (GLOBE NEWSWIRE) -- via OTC PR WIRE - Diamond CBD Inc.,wholly owned subsidiary of PotNetwork Holdings, Inc. (USOTC: POTN) announced Tuesday that it has presented its popular line of Diamond CBD oils, edibles, and creams to pharmacy giant CVS Health at an industry gathering of retailers in Chicago.
Recently passed federal legislation that legalizes industrial hemp production in the United States has generated increased mainstream acceptance of CBD-based products and drawn interest from retailers looking to capitalize on the public's desire for products that reduce stress and anxiety. CVS Health is the largest retail pharmacy in the nation with more than 9,800 locations in 49 states, the District of Columbia, Puerto Rico and Brazil. Nearly 5 million customers are served by CVS Pharmacy each day.
"Our array of CBD products already play an active role in the wellness routine of thousands of Americans," said Kevin Hagen, CEO of Diamond CBD parent company PotNetwork Holdings, Inc. "That's why we are happy to present the benefits of CBD and our popular oils, edibles and beauty products to a respected pharmacy chain like CVS Health."
Experts have estimated the hemp-CBD market to hit 22 billion by 2022, as consumers around the world increasingly looking to CBD oils, edibles, and other products to help treat chronic pain conditions and as a potential preventative measure for muscle soreness and inflammation. A growing body of research evidence also shows that CBD may offer therapeutic advantages for a whole host of conditions from autism to Alzheimer's.
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. (USOTC: 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 the website at www.Potnetworkholding.com.
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PotNetwork Holdings, Inc.
Investor Relations: Marisol Elwell