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Press Release

PotNetwork Holding's Diamond CBD Breaks into Untapped African Continent


Posted on: 02 Apr 18

FT LAUDERDALE, Fla., April 02, 2018 (GLOBE NEWSWIRE) --

PotNetwork Holding, Inc. (OTC Pink:POTN) On Monday, April 2nd, 2018, PotNetwork Holding Inc.'s wholly owned subsidiary, Diamond CBD Inc. announces plans to kick off its African business development strategy by co-sponsoring a series of community facing events in Kenya with their exclusive affinity marketing partner Exponential Inc. ("XPO2").

Between April 17th and 27th, 2018, Diamond CBD Inc. is contributing material support and resources towards community action projects taking place across Kenya. Among the activities planned is a reforestation project in the Ngongs Hills, direct service endeavors at nonprofit around Nairobi, and a range of other charitable endeavors near Mt. Kenya and other locations.

The activities planned for these 10 days are being conducted in partnership with a range of local, state and federal government officials including the Deputy Governor, Members of Parliament, Member County Assembly and Kaijado County Officials. Diamond CBD Inc.'s co-sponsorship of these events will benefit the following Kenyan nonprofit organizations:

  • Friends of the Ngong Hills
  • Environmental Team Kenya
  • Kajiado Co. Environmental Protection &  Research
  • Mazingiramashinani
  • Friends Of Nairobi National Park
  • Elephant Center
  • Kenya Wildlife Trust
  • Kenya Wildlife Service
  • Cara Project & Shelter
  • Shelter Rehabilitation School
  • Schizophrenia Society Of Kenya/Reason To Hope
  • Golden Eagles
  • Nyeri Deaf & Blind School
  • Nyeri Hospice

These events affirm Diamond CBD Inc.'s interest to place corporate social responsibility and charitable contribution at the core of its international business development. The events planned allow the brand to position itself as a strategic partner in efforts to protect the environment, assist those in need and support projects which offer a clear net social impact to the people of Kenya.

Recently, Diamond CBD, Inc. entered into an exclusive agreement with affinity marketing company Exponential, Inc., a cause-related technology marketing firm that develops white-label e-commerce platforms and impact strategies serving charities, clubs, and non-profit organizations globally. The African continent is comprised of over 1.2 billion people living in 54 sovereign states and 10 non-sovereign territories. Combined, the gross domestic product (GDP) of the continent represents over $3.4 trillion. As an addressable cannabis market, Africa represents a clear opportunity for PotNetwork Holding Inc. and its subsidiaries. In seeking to align itself with institutional stakeholders and local communities across Africa, PotNetwork Holding Inc. is focused on expanding its market reach to cultivate lucrative opportunities in untapped markets.

About XPO: Exponential, Inc. (XPO) is a cause related technology marketing company that develops and promotes a white label e-commerce platform to drive fundraising revenue on behalf of charities and non-governmental organizations (NGOs) worldwide. Via the platform, donors and supporters gain access to exclusive discounts and savings typically not available on the merchant site while helping raise incremental funds for their favorite cause with every purchase, at no extra cost to them.

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 Holding, Inc: PotNetwork Holding, 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 Act: 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 Holding Inc.
Investor Relations:
Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com

Photos accompanying this announcement are available at

http://www.globenewswire.com/NewsRoom/AttachmentNg/c60d04b7-38b5-4f8e-a2be-db7949ababb4

http://www.globenewswire.com/NewsRoom/AttachmentNg/bc1fdf29-e648-430d-819c-7a306ebc33d0

http://www.globenewswire.com/NewsRoom/AttachmentNg/bc4541fb-3ac5-4f77-87f3-a93ebaca93a9

http://www.globenewswire.com/NewsRoom/AttachmentNg/4703c28c-7b71-4f6b-ba43-df981d88bb11

http://www.globenewswire.com/NewsRoom/AttachmentNg/b8be724d-6bd2-426f-8c8f-d7e44cb00e82

GlobeNewswire
globenewswire.com

Last updated on: 02/04/2018

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