MarketNewsUpdates.com News CommentaryIn an article published on Forbes last week*, Hemp-derived cannabidiol (CBD) is projected to be a billion-dollar market in just three years, according to a new report by Brightfield Group*. Revenues being generated from the legal cannabis and marijuana market continues to push upward as leaders throughout the industry announce positive financial results and aim at surpassing initial benchmarks set last year. This growth in the multi-billion market is providing strong revenue potentials for companies such as: PotNetwork Holding Inc. (
PotNetwork Holding Inc. (
East West Accounting Services, LLC is a Public Company Accounting Oversight Board (PCAOB) registered CPA firm, which provides audit, review, and consulting services to smaller capitalized public companies that are required to provide financial information with the Security and Exchange Commission.
Management has long strategized the initiation of a PCAOB audit, whereas transparency is key to the Company's strategy for growth and fortification. Strategically, management prepared for a level by which the time and money required to proceed was warranted. A a string of positive and profitable corporate events are the catalyst for Diamond CBD's achievement of this level, by which the Company has taken a proactive approach to deepen accountability in the public marketplace.
"We believe that the timing for this action is now. In consideration of the amount of momentum built up over the past 6 months, coupled with reported revenues of $5,077,625 for the first 6-months of fiscal 2017, the only logical next step was to initiate the auditing process, whereby the market can recognize the significance and legitimacy of the Company's position, enabling the stock to begin better reflecting the Company's true growth in value." Stated, Gary Blum, Chief Executive Officer, PotNetwork Holding Incorporated.
In other industry developments and market performances of note:
Canna Consumer Goods, Inc. (
The mainstream media will be used to promote companies that we seek to invest in during the MJAC2017 Investorshub International Cannabis Conference powered by Canna Broadcast Media in Los Angeles Sept. 1st-2nd 2017 http://mjac2017.com/
Canna Broadcast Media/Loudmouth News who has established relationships in Radio, Print, TV, and online media on a national basis produces several cannabis based content programs including Loudmouth News currently cleared to air on over 700 radio stations nationwide.
Hemp, Inc. (
Medical Marijuana, Inc. (
Cannabis Science, Inc. (
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Article in Forbes, link:
Brightfield Group report, link: