PotNetwork Holding (OTC: POTN) this morning announced that it has engaged specialized legal counsel in addition to entering into a specialized engagement with its PCAOB auditors to prepare a Regulation A+ (“Reg A+”) filing. PotNetwork aims to have its Reg A+ filing ready for submission to the Securities and Exchange Commission within the next thirty days. Additionally, the company announced that it is contemplating a name change to more closely align its corporate identity with its key business objective of becoming a dominant player in the global CBD industry. “We believe that we are standing on the threshold of a revolution in this marketplace. We have pursued industry leadership and robust market penetration. Now that we have established a solid foundation, we are ready to step into a stronger and more advantageous financial arena,” PotNetwork Holdings CEO Richard Goulding stated in the news release.
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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. For more information, visit the company’s website at www.PotNetworkHolding.com
Pursuant to the applicable federal law, the sale or distribution of CBD with less than 0.03% of tetrahydrocannabinol by retailers may be permissible in all states. However, the local, state and federal laws regarding these issues tend to remain in flux and should be accordingly reviewed by local counsel and, as such, legal advice is not intended, but specifically disclaimed.
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