Business
Revenues for Legal Cannabis Operations Continue To Rise Along with Growing Demand For CBD Based Products
Palm Beach, FL, United States (ABN Newswire) - In an article published on Forbes last week*, ...
About this update from Hempalta Corp
[{"type":"text","content":"Revenues for Legal Cannabis Operations Continue To Rise Along with Growing Demand For CBD Based Products\nPalm Beach, FL, United States (ABN Newswire) - In 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. (OTCMKTS:POTN), Canna Consumer Goods, Inc. (OTCMKTS:CBMJ), Hemp, Inc. (OTCMKTS:HEMP), Medical Marijuana, Inc. (OTCMKTS:MJNA), Cannabis Science Inc. (OTCMKTS:CBIS)PotNetwork Holding Inc. (OTCMKTS:POTN) announced today that the Company has officially retained the auditing services East West Accounting Services, LLC, a Public Company Accounting Oversight Board (PCAOB) registered CPA firm, based out of South Florida. The firm will provide a methodical review and analyzation, to deliver a detailed report of the Company's recent revenues and provide credible verification. Read this and more news for POTN at: http://www.marketnewsupdates.com/news/potn.html 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...