FT LAUDERDALE, Fla., March 05, 2018 (GLOBE NEWSWIRE) -- via OTC PR WIRE--PotNetwork Holding, Inc. (OTC Pink:POTN) (“Company”) today announced that its subsidiary, Diamond CBD, Inc., had entered into an exclusive agreement with affinity marketing company Exponential, Inc., (“XPO2”), a cause-related technology marketing firm that develops white-label e-commerce platforms serving charities, clubs and non-profit organizations globally.
Diamond CBD, selected as the exclusive XPO2 CBD product supplier, will be providing all 18 of its top quality CBD brands to XPO2’s extensive network of hundreds of major participating online merchants including Best Buy, Walmart, eBay, Groupon, Macy's, Skechers, Nike, Staples, and many other online industry leaders.
"This new commercial partnership with XPO2 represents a major milestone for our Company," said Richard Goulding, CEO of PotNetwork Holding Inc. Among the affinity groups represented by Exponential is the United Pro Soccer League, which represents more than 140 teams, and the Los Angeles Jr. Kings Hockey Club, plus numerous other affinity groups and charitable organizations across the U.S. and Australia. Goulding concluded: "This program will enable us to reach totally new consumer market segments centered in affinity marketing, and we are confident that consumers who use such affinity marketing programs will discover the exceptional value and effectiveness of our ever-expanding product line. We believe Diamond CBD’s will thrive even further as a result of this initiative."
Several hundred additional organizations are expected to launch custom XPO2 platforms over the next 12 to 18 months. “The addition of a quality CBD lineup, along with a dedicated 'CBD for pets' product line, makes our overall offering more compelling to our growing consumer base,” stated Dom Einhorn, founder and CEO of Exponential, Inc. “The consumer appetite for CBD and related products is growing at a rapid pace. We are confident that Diamond CBD's unique inventory of products will resonate our consumers.”
Powered by a “Daily Deals” email engine, Exponential’s extensive platform aggregates and curates the very best merchant offers and sends them to each affinity group's supporter base every weekday or via a weekly digest. According to Research and Markets, the global e-commerce market was USD 22.70 trillion in 2016 and will reach USD 44.33 trillion by 2022. The United States represents the world's largest market for e-commerce, with retail e-commerce sales slated to reach $479 billion by 2020 (Statista).
About XPO²: Exponential, Inc. (XPO²), a subsidiary of London based M6, Ltd., is a cause-related technology marketing company that develops and promotes a white label e-commerce platform that drives fundraising revenue on behalf of charities and 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. For more about Exponential and XPO², visit https://xpo2.org/.
About Diamond CBD, Inc.: Diamond CBD focuses on the research, development, and multi-national 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 Inc.: PotNetwork Inc. brings to market PotNetwork.com, a counter-culture, cutting-edge digital magazine, publishing up-to-date news and articles on the cannabis industry. PotNetwork Inc. operates as a wholly owned subsidiary of the Company; PotNetwork.com is a media resource providing a full range of industry related topics.
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, and PotNetwork.com.
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Contact: PotNetwork Holding, Inc. Investor Relations: Marisol Elwell, 1-800-915-3060
investor@PotNetworkHolding.com