CBD and Hemp Booming Market Growth Showing No Signs of … – PR Newswire (press release)
PALM BEACH, Florida, May 15, 2018 /PRNewswire/ —
MarketNewsUpdates.com News Commentary
The CBD hemp-based sector of the Cannabis market continues to experience significant growth in terms of revenue as global demand for CBD-based products continues to rise at a staggering rate. Greenwave Advisors believes CBD sales in the United States alone will top $2.1 billion within the next two years. One of the factors influencing CBD’s success and enhanced demand is the wide variety of ways in which it can be used in products, ranging from cosmetics to food/edibles and beverage to health supplements. The industry’s success and the resulting demand across the nation for more CBD-based health products alone have helped give birth to a new industry that parallels the larger cannabis market. Additionally, the market is becoming increasingly global as US-based companies are seeing success abroad in other countries where the substance has recently been legalized. Active companies in the markets include: PotNetwork Holdings Inc. (OTC:POTN), Marijuana Company of America, Inc. (OTC:MCOA), mCig Inc. (OTC: MCIG), Maricann Group Inc. (OTC:MRRCF) (CSE:MARI), Medical Marijuana Inc. (OTC:MJNA).
PotNetwork Holdings Inc. (OTC:POTN) BREAKING NEWS: PotNetwork Holdingsis pleased to announce over $2 million in sales revenues recorded for the month of April. Compared with the $1,009,900 the company achieved in April of 2017, April 2018’s revenues represent a 98% year over year increase.
PotNetwork Holdings, Inc.’s wholly owned subsidiary Diamond CBD, Inc. recently revealed that Diamond CBD’s Vape Additive, Liquid Gold Vape Juice, Chill Gummies, Tinctures and Biotech Creams, are the brand’s most successful products according to the 2018 Investor Relations FAQ, and are being sold in 1000’s of retail locations across the United States.
According to the PotNetwork Holdings, Inc. 2018 Investor Relations FAQ, Diamond CBD’s products are selling best in Texas, California, Florida, Georgia and New