World News: 13:30 GMT Friday 15th March 2019. [PotNetwork Holding, Inc via Globe Newswire via SPi World News]
FT. LAUDERDALE, Fla., March 15, 2019 (GLOBE NEWSWIRE) -- Diamond CBD Inc., a wholly-owned subsidiary of (OTC Pink: ) (also known as "the Company"), and a leader in cutting-edge, hemp-derived CBD products for the wellness market, continues to lead the competition in innovation as it heads to the influential Trade Show in Las Vegas, Nevada, March 17 - 20. Consumer sales continue to surge as expand the company's market reach.
So far this year, wholesalers and wellness enthusiasts have flocked to Diamond CBD's recent product additions like CBD-infused , and all of which have helped to carve out a distinct position for the brand across the country. ASD Market Week is one of the nation's largest consumer merchandise trade shows for small to large-sized retail, distribution, or import businesses. It's a place where deals are made, as an overwhelming number of the 45,0000 attendees 98 percent represent major purchasing power. According to the event organizers, in recent history the average buyer spent $82,500 per show, equating to $2.8 billion overall. "For us, there's been no better time to come back to ASD Market Week," said Kevin Hagen, CEO of PotNetwork Holdings, Inc. "The show's enthusiastic embrace of the Diamond CBD brand and the industry as a whole has not only helped fuel the sector's growth but pushed us towards greater innovation to sustain the market's excitement and appetite for our new premium CBD products." Recent consumer surveys suggest that of Americans currently use CBD, with the number expected to grow to 10 percent, or 25 million users as early as 2025. Experts estimate the hemp-derived CBD market by 2022, as consumers around the world increasingly look to CBD products to help treat chronic pain conditions and as a potential preventative measure for muscle soreness and inflammation. also shows that CBD may offer therapeutic advantages for a whole host of conditions from autism to Alzheimer's.
Globe Newswire: 13:30 GMT Friday 15th March 2019
SPi News is published by Sector Publishing Intelligence Ltd.
© Sector Publishing Intelligence Ltd 2019. [Admin Only]
Sector Publishing Intelligence Ltd.
Agriculture House, Acland Road, DORCHESTER, Dorset DT1 1EF United Kingdom
Registered in England and Wales number 0751938.